NYDFS launches exchange program with Bank of England on crypto expertise
The New York regulator’s Transatlantic Regulatory Exchange program would allow the NYDFS to exchange senior staff experienced in digital assets with those at the Bank of England.This post was originally published on this site
NY financial regulator approves Ripple stablecoin — Brad Garlinghouse
The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin.This post was originally published on this site
NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.This post was originally published on this site
NY prosecutor suggests office will scale back crypto cases
Scott Hartman reportedly said authorities in New York’s Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out.This post was originally published on this site
Coinshares Opens New York Office Amid Ambitious US Expansion Plans
Coinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States. The company aims to bolster its presence in the U.S. financial market through this move and recent acquisitions. Coinshares’ New Office Signals Major U.S. Push According to the announcement, the New York […]
Better know a crypto candidate: John Avlon
As part of its coverage of the 2024 US elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain.This post was originally published on this site
Indicted NYC mayor leaves questionable crypto legacy as controversy mounts
Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub.This post was originally published on this site
$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway
A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation […]
Crypto Ponzi Leader Receives 121-Month Prison Sentence
David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more […]
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading […]