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Andrew Cuomo Plans to Make New York City the ‘World Capital’ for Crypto and Blockchain

Former Gov. Andrew M. Cuomo, running for mayor of New York City, announced on Oct. 19, 2025, that his administration would create a Chief Innovation Officer charged with positioning the…

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Peter Thiel-Backed Bullish Exchange Successfully Debuts on the New York Stock Exchange

Bullish, a cryptocurrency exchange backed by Peter Thiel, successfully debuted on the New York Stock Exchange on August 13, 2025, raising approximately $1.1 billion in its initial public offering (IPO).…

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Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance Partnership

The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due to deficiencies in its anti-money laundering (AML) program and failures…

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NYAG Letitia James Urges Fed Oversight, FDIC Protections in Stablecoin Legislation

New York Attorney General Letitia James is warning that dangerously flawed stablecoin bills could expose U.S. financial markets to chaos by lacking critical guardrails and enforcement. Weak Stablecoin Bills Risk…

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Moonpay Secures Bitlicense and Money Transmitter Licenses From New York Regulators

Moonpay USA has received approval for its bitlicense and money transmitter licenses from the New York State Department of Financial Services (NYDFS), allowing the company to offer its full range…

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