Ripple Labs had obtained money transmitter licenses in Texas and New York, marking a significant step forward in its operations in the United States. In its announcement on January 27, the blockchain firm noted that it recorded a “strong demand for real-time global payments from banks and crypto businesses” in ...
A New York court has approved a landmark $2 billion settlement between bankrupt crypto lender Genesis and the New York Attorney General's Office (NYAG). The settlement will establish a fund for over 230,000 investors, including 29,000 New Yorkers, who collectively invested more than $1.1 billion in Genesis through the Gemini ...
On May 10, 2023, Latrice Walker, a Democrat in the New York State Legislature, introduced a bill with partisan support that aims to include stablecoins pegged to the US dollar as a recognized form of payment for bail bonds. The proposed bill seeks to expand the options for payment methods ...
