Ripple secures final NYDFS approval for RLUSD
Ripple has secured approval to launch its stablecoin Ripple USD (RLUSD). CEO Brad Garlinghouse pointed this out via a post on X. Ripple will soon launch its stablecoin RLUSD after…
NYDFS says Genesis Global Trading to pay $8M fine, forfeit BitLicense
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense. NYDFS said in a press release that investigations…
NYDFS: Banks must seek approval before engaging with crypto
New York Department of Financial Services published the new guidelines on 15 December 2022. All banking organisations must apply for permission to undertake any crypto activities. The regulatory guidelines are…