Tag: money transmitter

NYDFS to Collect Supervisory Fees from Crypto Firms

BlockchainApril 17, 2023

42 mins ago | 2 mins read Editors News NYDFS is empowered to collect supervisory fees...

Three Men Arrested for Operating Illegal Crypto ATMs in Ohio

BlockchainApril 3, 2023

Three individuals – along with one business – have been charged with running a string of illegal cryptocurrency ATMs across the northern region of...

Bitcoin, Ethereum and Litecoin Are Commodities Says CFTC

BlockchainMarch 28, 2023

The Commodities Futures Trading Commission (CFTC) has declared ethereum and litecoin to be commodities, in addition to bitcoin. In an action against Binance, one...

US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters

BlockchainMarch 26, 2023

A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are...

Deaton Asks Ripple to Help MoneyGram, Western Union Cut Transfer Fees

BlockchainMarch 26, 2023

John Deaton imagines Ripple going to banks to offer reduced fees using XRP. Ripple processed nearly $1 billion in four seconds, charging only $0.01....

eToro Lands $250 Million at $3.5 Billion Valuation

FintechMarch 21, 2023

eToro landed $250 million in funding at a $3.5 billion valuation The investment boosts the company’s total funding to $573 million. Today’s funding...

How to Buy Bitcoin on Coinbase

BlockchainMarch 15, 2023

There are multiple ways to buy bitcoin, but perhaps the easiest and safest way is through an exchange like Coinbase. This article will show...

Sam Bankman-Fried Faces More Bank Fraud Charges

BlockchainFebruary 24, 2023

Sam Bankman-Fried, the creator of FTX, is accused of four other bank frauds. Now, the crypto speculator could spend 155 years behind bars....

Voyager Digital deal under increased scrutiny as law firm subpoenas SBF and FTX, Alameda execs

BlockchainFebruary 7, 2023

New court documents filed on Feb. 6 by a law firm representing high-ranking executives from Voyager Digital seek to subpoena records from top Alameda...