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New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex

New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex

The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations.

US DOJ Revises Probe into Tether Regarding Bank Fraud - Report

US DOJ Revises Probe into Tether Regarding Bank Fraud - Report

According to a Bloomberg report, the DOJ has reopened a probe into Tether to see if it violated US banking laws

NYAG Letitia James Warns Investors About Crypto Investment Risks

NYAG Letitia James Warns Investors About Crypto Investment Risks

New York Attorney General, Letitia James to issue a new guidance on the risks inherent in the crypto industry

New York AG wants retirement fund crypto ban

New York AG wants retirement fund crypto ban

Letitia James advocates banning bitcoin in 401(k)s and IRAs. Half of U.S. investors want crypto in 401(k)s. The NYAG distinguished digital assets from blockchain technology.

SARB governor: CBDCs must tackle a "serious challenge" at WEF 2023.

SARB governor: CBDCs must tackle a "serious challenge" at WEF 2023.

Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. The SARB governor suggested a national discussion before establishing CBDCs. Crypto barely fits two of three currency standards, he said.

Deal Box offers $125M blockchain and Web3 venture fund

Deal Box offers $125M blockchain and Web3 venture fund

Deal Box created a $125 million Web3 venture capital fund. Deal Box Ventures will support emerging growth, real estate, fintech, funtech, and social impact firms. It owns Total Network Services, Rypplzz, and Forward-Edge AI. Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. Before launching CBDCs, the SARB governor suggested a national dialogue. Crypto barely fits two of three currency standards, he said.

New York State Watchdog Orders Two Crypto Firms to Close Operations, Launching Further Investigations

New York State Watchdog Orders Two Crypto Firms to Close Operations, Launching Further Investigations

The Office of the New York Attorney General (NYAG) has directed two unnamed crypto lending firms to halt their operations in the state, indicating these firms are involving ineffective registration.

Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.

Bitfinex and Tether's Appeal Rejected by New York Judge

Bitfinex and Tether's Appeal Rejected by New York Judge

Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.

Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over

Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over

The Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.

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