New York and Europe’s finance watchdogs team up to police stablecoins

In recent developments, some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.…

Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Paymen…

In recent developments, mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal…

Mastercard secures New York BitLicense for crypto operations

In recent developments, the payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems. Looking closer, market participants…

New York lawsuit tests lost property claim over dormant Bitcoin

In recent developments, a New York lawsuit seeks ownership of 39,069 dormant Bitcoin wallets, raising questions over lost crypto, private keys and property law. Looking closer, market participants highlight key…

Mike Novogratz’s Galaxy Lands Bitlicense to Serve New York Hedge Funds and …

In recent developments, galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer…

Uphold Rejects New York Claims After $5M Customer Repayment Deal

In recent developments, uphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer…

New York forces Uphold to pay $5M over fraudulent crypto investment scheme

In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…

CFTC sues New York over bid to apply gambling laws to prediction markets

In recent developments, the CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. Looking closer,…

New York Sues Coinbase and Gemini Over ‘Prediction Markets’

In recent developments, law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce.…

New York, Illinois sign EO banning state employees from prediction markets

In recent developments, new York Governor Kathy Hochul criticized the Trump administration for not implementing any “meaningful ethical standards” to curb insider trading in prediction markets. Looking closer, market participants…