NY AG sues KuCoin for selling securities and commodities without registration

New York Attorney General Letitia James says the suit is the first time a regulator has claimed that Ether is a security in court.

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New York Attorney General Letitia James Sues CoinEx

CoinEx was sued by New York Attorney General Letitia James for selling bitcoin without registering. (Read More)

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New York state announces another upgrade to its virtual currency monitoring capacity

The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities.

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New York Regulators Launch Investigation into Stablecoin Issuer Paxos

New York regulators are investigating Paxos, but the stablecoin issuer has debunked claims of its license being withdrawn.

Continue reading New York Regulators Launch Investigation into Stablecoin Issuer Paxos at DailyCoin.

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New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake

Greenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector. (Read More)

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Go green or go home? What the NY State mining moratorium could mean for crypto industry

The “anti-technology” bill could accelerate mining operators' switch to renewable energy, experts say.

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New York Mayor urges state to abandon ‘stifling' BitLicense scheme

“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement.

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New York legislators to vote on PoW mining moratorium this week

If passed, the suspension of both new licenses and renewal applications will last for two years.

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NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds

Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud.

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NY State Supreme Court dismisses petition against crypto mining company

The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm.

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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal [...]

The post Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply appeared first on Crypto Breaking News.

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US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility

Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in that city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still requires the approval of the [...]

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