New York


Policy

U.S. Bitcoin Corp. Settles With Niagara Falls City to Resume Bitcoin Mining

The firm is currently trying to complete a merger with Canadian Hut 8 Mining.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

Policy

NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'

Adrienne Harris, the superintendent of the New York Department of Financial Services, said the decision to close the bank was instead due to a “new-fashioned bank run.”

Superintendent Adrienne Harris (NYDFS)

Web3

Trump NFT Sales Spike Following Ex-President's Arraignment in New York

In the hour after the 45th president was arrested Tuesday afternoon, the collection saw 30 sales, a 462% increase after a long period of token holder dormancy.

Donald Trump Trading Card NFTs (OpenSea)

Policy

Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed

The bank did not provide reliable and consistent data, said Maria Vullo, a former superintendent of the New York State Department of Financial Services.

Maria Vullo (NYDFS)

Policy

Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says

The New York regulator pushed back against claims it shut down Signature because of crypto.

NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)

Policy

President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses

The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

Crypto-Friendly Signature Bank Shut Down by State Regulators

Signature said it intended to limit its crypto exposure last year.

(SignatureNY.com, modified by CoinDesk)

Policy

Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense

New bills to set up a digital assets regulation in Illinois are supported by the local regulator, as states continue to surge ahead of U.S. agencies on cryptocurrency efforts.

(Neal Kharawala/Unsplash)

Policy

NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities

The petition alleged that CoinEx listed various tokens and services that qualify as securities and/or commodities under state law.

New York Attorney General Letitia James (Michael M. Santiago/Getty Images)

Finance

Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism

Solana Spaces will close its New York City and Miami locations by the end of February.

Solana Spaces (Solana)