Tag: York

New York Times Sues OpenAI for Copyright Infringement

The New York Times (The Times) has sued OpenAI and Microsoft for using its intellectual property (IP) to train artificial intelligence (AI) algorithms...

New York Crypto Exchange Rule Updates: End of Self-Certification

New York’s Department of Financial Services (NYDFS) has recently updated its crypto exchange regulations. This pivotal change halts the practice of self-certification for...

Evergrande Files For Chapter 15 Bankruptcy in New York

China’s second largest property developer, Evergrande, has reportedly filed for Chapter 15 bankruptcy in New York. According to an Aug. 17 report, the move...

Sam Bankman-Fried Arrives at New York Court as Trial Begins

Sam Bankman-Fried, also known as SBF, arrived at a New York City courthouse today. He will face oral arguments relating to his eight...

Stablecoins May Soon Be Permitted to Pay Bail Bonds in New York

New legislation has been proposed by New York state to authorize fiat-collateralized stablecoins as a form of bail. New York Assembly Bill 7024 was...

New York Attorney General Proposes New Crypto Regulatory Act

New York Attorney General (AG) Letitia James has proposed a new state bill to regulate the cryptocurrency industry further, as she believes the...

New York Times Receives Flak for Dubious Bitcoin Mining Article

An executive from Riot Platforms criticized The New York Times for a recent article containing misinformation on Bitcoin mining. Others in the industry...

New York Anti-Crypto Regulatory Stance Creates Hostility

Crypto regulations have always been the biggest gray patch in the US, especially in New York. Under NY Attorney General Letitia James, the...

New York Regulator Blames Signature Bank Shutdown on Leaders

The New York State Financial Services Department said the shutdown of Signature Bank was due to a lack of transparency rather than crypto. The...

Crypto Guidance For Banks Published by New York Regulator

On Thursday, New York’s Department of Financial Services (DFS) released guidance for banks that want to engage with virtual currencies (VC). The information...

How New York Stands to Lose by Banning Crypto Mining

New York Governor Kathy Hochul has signed into law a bill that will ban Bitcoin mining using unsustainable energy sources across the state. The...

New York Law Cracks Down On Bitcoin Mining

As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of...

New York Times ‘Breathless Love Letter’ to FTX CEO SBF Roasted

The crypto community has expressed heavy disapproval of a New York Times interview with FTX CEO Sam Bankman-Fried, saying it paints a soft...

Bank of New York Mellon Joins the Crypto Revolution

Bank of New York Mellon is now the first large American bank to safeguard customers’ cryptocurrency assets alongside traditional investment assets. The world’s...