Circle has won a New York trust charter from NYDFS, giving USDC a stronger regulatory footing in a state that still carries serious weight in U.S. finance. It’s a real credibility boost — but not a free pass, and the usual stablecoin risks still apply.
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Mastercard just got a New York BitLicense, and that’s a much bigger deal than the usual corporate “we’re exploring blockchain” fluff. Mastercard Transaction Services (U.S.) LLC received a BitLicense from NYDFS The approval opens the door for broader digital asset services in one of the toughest U.S. regulatory regimes Mastercard is deepening its push into […]
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Bullish Lands in 20 US States with BitLicense, Aiming to Redefine Institutional Crypto Trading Bullish, a cryptocurrency exchange built for institutional heavyweights, has officially launched operations in 20 US states after securing a coveted BitLicense and money transmission license from the New York State Department of Financial Services in September. This move marks a pivotal […]
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Bakkt’s New Co-CEO Akshay Naheta Aims to Revive Crypto Platform Amid Challenges – Akshay Naheta joins Bakkt as co-CEO – DTR technology integration planned – Significant stock price decline – Loss of major clients – Potential class-action lawsuit – NYSE compliance warning – Earnings delays and expansion plans In a bold move to salvage its […]
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Coinbase Halts Trading for FLOKI, TURBO, and GIGA in New York: Navigating Regulatory Challenges Coinbase, a leading U.S.-based cryptocurrency exchange, has decided to suspend trading for three popular memecoins—FLOKI, TURBO, and GIGA—in New York. This decision, effective April 14, 2025, at 2 PM ET, underscores the ongoing tension between cryptocurrency platforms and regulatory bodies, particularly […]
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