New York News
New York City is the largest city in the USA and is also important globally as a financial, political, economic, touristic and cultural center. Along with Tokyo and London, New York is considered to be one of the main centers of the global economy. In terms of Bitcoin, the New York Stock Exchange has recently included a stock market index for Bitcoin (NYXBT) which is the first official index for a cryptocurrency. Cryptocurrencies have a special place in New York, as it is legal to use, easy to get and a lot of Wall Street experts have acknowledged the significance of cryptocurrencies in the economy. Besides this, New York is a place for numerous crypto-related meetings and conferences. Also, there is a New York Coin (NYC) made especially for citizens of New York.
For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities.
Regulation will keep PayPal's new crypto services from looking anything like crypto
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators.
Federal payments licensing push could boost crypto adoption
New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court.
Stablecoin Issuers Be Warned: New York AG’s Arm Is Long
Decentralized mesh networks are a technological lifeline in a disaster, allowing one to check in on family and access crypto funds.
When Disaster Strikes: Decentralized Tech a Safety Mesh From Blackouts
Gemini looks at regulation as a good thing, with the recently suggested conditional BitLicense as a move in the right direction.
Gemini Chose to Wade Regulation In New York, Weighs in on Conditional BitLicense
New York, New York runs the show this week as the site of a host of developments and setbacks for crypto.
Law Decoded: All Roads Lead to New York, June 19-26
The New York Department of Financial Services is requesting comments on its amendment to the BitLicense that would help smaller companies be regulated.
NY Regulators to Pair Companies With 'Guardians' for a Conditional BitLicense