The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the st...

Regulation Featured Stablecoins Binance

Aug, 07, 2025

2 min read

by CryptoSlate

NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD

In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.

Policy Paxos BUSD NYDFS

Aug, 07, 2025

by CoinDesk

NYC Mayor Eric Adams announces establishment of a crypto advisory council

Mayor Adams vows to make New York City the “crypto capital of the globe.”

Bitcoin USD BitLicense NYDFS

May, 21, 2025

3 min read

by CryptoPolitan

New York Finance Watchdog Harris Says State's BitLicense Is Still a Global Standard

Adrienne Harris, superintendent of the New York Department of Financial Services, said her state's crypto licensing regime is tough, but effective.

Regulation NYDFS Consensus Toronto 2025 Coverage CT2025

May, 14, 2025

by CoinDesk

Gemini appoints new CFO, stokes rumors about upcoming IPO

Leading cryptocurrency exchange and custodian platform, Gemini has hired a new chief financial officer in the person of Dan Chen.

USD SEC Gemini CFTC

Mar, 18, 2025

4 min read

by CryptoPolitan