Browsing: New York

arthur-hayes-to-serve-2-year-probation-owning-up-to-bitmex’s-aml-mishap

Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation. Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in…

bitlicensed-crypto-firms-ordered-to-pay-annual-assessment-fees-in-new-york

The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry. The cost of running a crypto business in New York is about to rise with the state government gearing up to require…

is-austin-the-next-us-crypto-hub?-officials-approve-blockchain-resolutions

The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation. Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing…