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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…