News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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New York News
New York City is the largest city in the USA and is also important globally as a financial, political, economic, touristic and cultural center. Along with Tokyo and London, New York is considered to be one of the main centers of the global economy. In terms of Bitcoin, the New York Stock Exchange has recently included a stock market index for Bitcoin (NYXBT) which is the first official index for a cryptocurrency. Cryptocurrencies have a special place in New York, as it is legal to use, easy to get and a lot of Wall Street experts have acknowledged the significance of cryptocurrencies in the economy. Besides this, New York is a place for numerous crypto-related meetings and conferences. Also, there is a New York Coin (NYC) made especially for citizens of New York.
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Andrew Cuomo wants to make NYC a global crypto and tech hub with a new innovation office and council for AI, blockchain and biotech.
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The executive order creating the Office of Digital Assets and Blockchain Technology under the New York City government came three months before Eric Adams will leave office.
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Coinbase has launched crypto staking in New York, allowing residents to earn rewards on assets such as ETH and SOL following state regulatory approval.
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CleanCore Solutions says it wants to scale its treasury “responsibly with transparency and resilience” as it aims to accumulate 1 billion Dogecoin tokens.
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The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used.
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Bullish’s crypto trading services are now on offer across 20 US states after receiving regulatory approval from New York’s financial regulator last month.
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With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users.
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New York Governor Kathy Hochul announced that Kaitlin Asrow will take over as acting superintendent of the NYDFS on Oct. 18, replacing Adrienne Harris.
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New York City Mayor Eric Adams is officially out of the mayoral race, plunging the city’s pro-crypto push into limbo.
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Bullish secures NYDFS BitLicense and Money Transmission License, unlocking crypto trading and custody services for institutions in New York.
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New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.
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Letitia James, who holds New York state’s top law enforcement position, has come under scrutiny from some, claiming she was engaging in “lawfare” against the crypto industry.
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In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud.
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The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight.
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