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Tag: New York Regulators

Sector Report: Stablecoins

Executive Summary: The report starts with an in-depth look at the present state of the stablecoin market in 2023. We focus special attention on...

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Applying the lessons of the SVB and Signature Bank failures: Steps for boards and management

Article prepared by and republished courtesy of our colleagues Richard Marks, Kevin Criddle, Curtis Mo, and Jeffrey Lehrer; originally published here: https://www.dlapiper.com/en/insights/publications/2023/03/applying-the-lessons-of-the-svb-and-signature-bank-failures The failures of Silicon...

Cryptos to Keep Eye on March 2023, SHIB in the List?

The global crypto market cap regained the $1.1 trillion mark.  Polygon’s layer-2 scaling solution zkEVM mainnet will be launched on March 27. ...

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in...

Coinbase, Paxos, and Celsius Report Funds Tied up with Now-Shuttered Signature Bank

Several crypto firms have come forward to report their exposure to the now-shuttered Signature Bank, which was shut down by New York regulators on...

Former Coinbase Employee Guilty of Insider Trading; Will Be Sentenced in May

Not that long ago, Live Bitcoin News published an article talking about how the brother of a former Coinbase employee was found guilty of...

Top tech startup news for Tuesday, March 7, 2023: Banyan, Binance, DefiChain, Meta, Opkit, and Sensate

Good evening! Below are some of the top tech startup news stories for today Tuesday, March 7, 2023. U.S. bankruptcy judge approves Binance.US $1.3 billion...

New York Will Double Number of Cannabis Retailer Licenses

New York Will Double Number of Cannabis Retailer Licenses | High Times ...

Top tech startup news for Wednesday, March 1, 2023: Amazon, Binance, Ether.fi, OpenAI, Ring, and Waymo

Good evening! Below are some of the top tech startup news stories for today Wednesday, March 1, 2023. Jamie Siminoff, the founder and CEO of...

Circle CEO says stablecoin regulation should not be assigned to U.S. SEC

Ad Circle CEO Jeremy Allaire told Bloomberg on Feb. 23 that the U.S. Securities and Exchange Commission should not be tasked with regulating stablecoins.Allaire...

Paxos asserts that Binance USD is not a security under two separate tests

Ad Paxos published a letter from its CEO, Charles Cascarilla, on Feb. 21 in which the executive discussed the company’s ill-fated BUSD stablecoin.On Feb....

BIS-funded regulator to probe DeFi entry points like stablecoins

The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi).The...

A crypto regulatory storm front is coming in 2023. Are we ready for it?

After the spectacular crash of Sam Bankman-Fried’s FTX and its associated organizations, financial regulators worldwide have to keep their attention on two places at...

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