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Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
new york state department of financial services

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls
new york state department of financial services

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.

What Will Be The State of Bitcoin Going Forward?
new york state department of financial services

What Will Be The State of Bitcoin Going Forward?

Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.

State Street: Most Asset Managers are Bullish on Blockchain and Crypto
new york state department of financial services

State Street: Most Asset Managers are Bullish on Blockchain and Crypto

Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.

US Treasury Department Warns Regulators of Potential Risks of Digital Assets
new york state department of financial services

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.

New York Times Square Billboard Demands Release of Silk Road Darknet Drug Trafficker
new york state department of financial services

New York Times Square Billboard Demands Release of Silk Road Darknet Drug Trafficker

A billboard in Times Square has been hired by the ‘Free Ross’ movement as part of a campaign to release the Ross Ulbricht, founder of the Silk Road drug trafficking marketplace on the darknet.

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations
new york state department of financial services

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.

Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy
new york state department of financial services

Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy

The NY State Department of Financial Services has slapped Deutsche Bank with a $150 million dollar fine, Bitcoin Community has been quick to call out the institutional bank’s shortcomings in funding international sex trafficker Jeffrey Epstein.

Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary
new york state department of financial services

Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary

United Kingdom’s Financial Conduct Authority (FCA) has suspended Wirecard Card Solution Ltd, the Wirecard’s subsidiary responsible for the issuance of Visa crypto debit cards.

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner
new york state department of financial services

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan’s government seeks to appoint crypto-friendly leader Ryozo Himino as the next commissioner of the country’s Financial Services Agency.

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge
new york state department of financial services

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.

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