NY Community Bank Drops 40% After $260M Loss
New York Community Bancorp (NYCB), which acquired the failed Signature Bank in 2023, witnessed a share price decline after reporting a $260 million loss in...
Tag : NYDFS
Genesis Global Trading settles with NYDFS, will forfeit BitLicense and pay $8M
by Henry Clarke
In a significant development for the cryptocurrency industry, Genesis Global Trading has settled with the New York Department of Financial Services (NYDFS), agreeing to pay...
Critical Review of New York’s BitLicense Oversight
by Harper Hall
New York State Comptroller Thomas DiNapoli has expressed concerns regarding the management of BitLicense by the New York Department of Financial Services (NYDFS). In a...
NY Approves Paxos for Solana; Blockchain Entry Secured
by Kevin Wilson
The New York Department of Financial Services (NYDFS) has granted regulatory approval for Paxos to extend its operations to the Solana blockchain, marking a significant...
NY Regulator Tightens Criteria for Crypto Listings
by Bran Lopez
New York has tightened its rules for cryptocurrency listings and delistings to better protect investors. The New York State Department of Financial Services (NYDFS) announced...
New York Financial Watchdog Sets Stricter Guidelines for Crypto Listings and Delistings
The financial watchdog for New York wants cryptocurrency firms subject to state regulation to be more open regarding how they list and delist digital money....