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Category New York

New York lawmakers propose crypto tax to fund school programs

New York lawmakers propose crypto tax to fund school programs

Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions. The proposal, introduced in the state’s Assembl...
New York Assembly Bill Seeks 0.2% Excise Tax on Crypto and NFT Transactions

New York Assembly Bill Seeks 0.2% Excise Tax on Crypto and NFT Transactions

New York Assembly Member Phil Steck has introduced legislation imposing a 0.2% excise tax on all digital asset transactions, including crypto and N...
SDNY U.S. Attorney Jay Clayton Issues Statement On Roman Storm Conviction

SDNY U.S. Attorney Jay Clayton Issues Statement On Roman Storm Conviction

Jay Clayton has emphasized accountability after a New York jury convicted Tornado Cash developer Roman Storm for operating an unlicensed money-tran...
New York Regulator Secures $48.5M Settlement From Paxos Over Binance Dealings

New York Regulator Secures $48.5M Settlement From Paxos Over Binance Dealings

After failing to detect $1.6 B in suspect activity tied to Binance, Paxos has concluded a $48.5 M settlement with NYDFS that includes a $26.5 M pen...
New York Man Defrauds the IRS With Stolen $810,000 Tax Refund Check In Bank Fraud and Identity Theft Scheme

New York Man Defrauds the IRS With Stolen $810,000 Tax Refund Check In Bank Fraud and Identity Theft Scheme

A man from Yonkers, New York, has pleaded guilty to charges related to a fraudulent tax refund check scheme that used the stolen identity of an inv...