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New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction

Justice Joel Cohen of the New York Supreme Court has granted the Bitfinex cryptocurrency exchange’s motion to modify an injunction from the New York Attorney General (NYAG), Bitfinex announced on May 16.Per the announcement, the court order will allow Bitfinex and affiliated stablecoin operator Tether to continue their normal

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Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection

Institutional cryptocurrency prime dealer SFOX has partnered with a New York bank to offer state-insured bank accounts for traders, the company confirmed in a blog post on May 14.SFOX, which says the move is an industry first, stated the deal with M.Y. Safra Bank primarily targeted institutional investors and

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First Security Token Blockchain called Polymesh announced by Polymath at Consensus New York 2019

Polymath, a leading security token platform that makes it easy to create and manage security tokens, has announced that they will build the world’s first security token Blockchain called Polymesh. The new Blockchain is going to be built in collaboration with Charles Hoskinson, co-founder of Ethereum and Cardano. The announcement was

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New York Assemblyman Says Blockchain Industry Needs Better Lobbying, Education

New York State Assemblyman Clyde Vanel said that the blockchain industry needs to be better at lobbying for itself and educating regulators. Vanel delivered his comments at a panel of ConsenSys’ Ethereal Summit on May 10.Vanel said that crypto- and blockchain-based business need to better advertise their accomplishments and

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New York District Attorney Charges Two for Shadow Banking Crypto Companies

The Southern District of New York Attorney has charged an Arizona man and Israeli woman for allegedly shadow banking cryptocurrency companies, according to an official announcement published on April 30.Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced the arrest of Reginald Fowler

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