Thursday, November 21, 2019
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New York Resident Indicted for Crypto Scam, Charged With Wire Fraud

The Office of United States Immigration and Customs Enforcement’s Homeland Security Investigations and prosecutors for the Southern District of New York have indicted a man for allegedly participating in a cryptocurrency scheme dubbed Igobit.According to an announcement on Nov. 6, Asa Saint Clair was charged with one count of

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New York State Financial Regulator Hiring Crypto and Blockchain Specialist

New York state’s financial regulator is hiring a specialist with expertise in the field of virtual currencies and blockchain, per a recently published announcement.The Department of Financial Services is looking to hire a Deputy Superintendent in the Research and Innovation Division, with a background in cryptocurrencies, blockchain, distributed ledger

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New York Regulator Greenlights Paxos to Launch Gold-Backed Cryptocurrency

Linda A. Lacewell, Superintendent of Financial Services, confirmed that New York State Department of Financial Services (NYDFS) has allowed Paxos Trust Company LLC to offer a gold-backed virtual currency.This will be the first such virtual currency due to be authorized by NYDFS that will be backed by the gold and

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