New York

NYC Mayor Eric Adams Creating Crypto Advisory Council

NEW YORK — The city of New York is launching a digital assets advisory council to bring fintech jobs into the Big Apple, Mayor Eric Adams announced Tuesday. New York City is “open for business, he said at the start of a summit hosted at the …

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New York Mayor Eric Adams to Crypto Industry: Come Build an Empire in NYC

NEW YORK, NY — New York Mayor Eric Adams is making a pitch to crypto companies returning to the U.S. or expanding their presence in the country: set up shop in New York City. “This is the Empire State,” Adams said at a press briefing at Gracie …

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Coinbase’s SEC Documents Reveal NY Attorney General Wanted ETH Declared Security

The New York State Attorney General asked the U.S. Securities and Exchange Commission to openly declare Ethereum’s ether (ETH) was a security, not a commodity, during the state’s prosecution of KuCoin in 2023, according to a document revealed by …

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Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit

A New York judge ruled Friday that the majority of New York Attorney General Letitia James’ civil securities fraud suit against crypto venture firm Digital Currency Group (DCG) and two of its executives can proceed to trial. In 2023, James sued James …

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Block Agrees to $40M Settlement With New York Over Faulty Money-Laundering Controls

Block Inc. has agreed to hisse $40 million to settle accusations from the New York Department of Financial Services that the company didn’t properly manage its money-laundering safeguards, according to a statement from the regulator on Thursday. Block …

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