New York and Europe are moving in lockstep on stablecoin oversight, and that’s a pretty clear sign the days of “trust me bro” finance are numbered. NYDFS + EBA: Regulatory coordination on stablecoin oversight Focus areas: Reserves, redemption, consumer protection, and financial stability Big signal: Stablecoins are being treated as financial infrastructure, not just crypto […]
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eToro Lands New York BitLicense, Bringing Crypto Trading to 48 US States eToro, the global online brokerage and social trading giant, has scored a major win by securing a New York BitLicense and a money transmission license from the New York State Department of Financial Services (NYDFS). This milestone allows the platform to offer cryptocurrency […]
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NYDFS and Bank of England Launch Transatlantic Regulatory Exchange for Crypto Regulation – NYDFS and Bank of England launch TRE program – Six-month initiative starts in February – Aims to enhance global crypto regulation – Challenges and implications for Bitcoin discussed The New York Department of Financial Services (NYDFS) and the Bank of England have […]
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