New York News

Zohran Mamdani has made waves after his primary election victory, but what would he mean for the crypto industry in NYC?

Letitia James argues that federal stablecoin bills should stipulate that issuers be regulated like banks and that they have FDIC insurance requirements to prevent systemic financial risks.

Zohran Mamdani defeated Andrew Cuomo in the Democratic primary for New York City’s mayoral election, but he’ll be competing in a field where digital assets could be an issue.

The interim US Attorney for the Southern District of New York requested an exclusion so prosecutors and defense lawyers may discuss a “potential resolution” for Michelle Bond's case.

In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case reportedly said he was “mindful of the GENIUS Act.”

Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York governor, as voters in the Democratic primary prepare to choose their candidate for the November election.

Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims.

John Woeltz and William Duplessie reportedly pleaded not guilty to the kidnapping and false imprisonment of Michael Valentino Teofrasto Carturan in New York City.

Pakistan’s Crypto Minister Bilal Bin Saqib is pursuing high-level US partnerships with figures like Cantor Fitzgerald’s Brandon Lutnick and NYC Mayor Eric Adams.

According to the payments company, it had secured approval across a patchwork of regulatory regimes in individual US states allowing it to operate across the country.

Mayor Eric Adams’ push for a Bitcoin-backed municipal bond faces strong opposition from Comptroller Brad Lander, who found the plan "legally dubious and fiscally irresponsible."

Two NYPD detectives allegedly linked to a crypto torture case in Manhattan have been placed on modified duties as the investigation unfolds, according to multiple reports.

Eric Adams wants to repeal New York’s BitLicense, which the state launched in 2015 and has been criticised by the crypto industry for being too costly.

A second person suspected of being tied to the alleged kidnapping and torture of an Italian man for his crypto will surrender to New York City police, according to multiple reports.

The jury in John Karony's case took a matter of hours to deliberate after a roughly two-week trial, during which he repeatedly claimed he was innocent.