“A VCE's customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship,” said the NYDFS.

Coinbase secures NYDFS approval, enabling it to offer regulated crypto assets in New York, marking a shift in US crypto regulation.

Coinbase has received approval from the New York State Department of Financial Services (NYDFS) to operate in New York. This license allows Coinbase to legally offer its services in one of the ...

Cryptocurrency-friendly bank Anchorage Digital announced that its subsidiary had been granted a BitLicense by New York’s Department of Financial Services (NYDFS). In a Dec. 16 notice ...

Ripple Labs’ RLUSD stablecoin has been approved by the New York Department of Financial Services (NYDFS), according to ... services to residents in the state. Ripple executives project a bold ...

The New York Department of Financial Services (NYDFS) has published a proposal to amend its cybersecurity rules, which will require regulated companies to notify the NYDFS of a third-party ...

The latest state budget included a measure banning insurance carriers from discriminating against affordable housing properties. Does it fall to the Department of Financial Services to enforce that?

Throughout 2024, financial sector regulators ... (“CFPB”) have been joined by state regulators, such as the New York Department of Financial Services (“NYDFS”), in proposing and finalizing ...

XRP's 286% year-to-date surge highlights growing investor confidence driven by regulatory optimism and ecosystem expansion. Ripple’s RLUSD stablecoin, tested on the XRP Ledger and Ethereum ...