#NYDFS News

US crypto crackdown is ‘upside-down’ by ignoring AI threat: Mike Novogratz
cryptoslate.com American investor and CEO of Galaxy Digital, Mike Novogratz, is shocked that the U.S. government is cracking down on crypto — yet overlooks AI’s potential threat. Crypto…

Over $18 Billion USDT Held In Binance, Bull Run Incoming?
newsbtc.com Nansen data on March 30 shows that over $18 billion of USDT is held on Binance, the world’s largest cryptocurrency exchange by user count and trading volumes. Binance…

Is New York the Most Anti-Crypto State in America?
beincrypto.com Crypto regulations have always been the biggest gray patch in the US, especially in New York. Under NY Attorney General Letitia James, the enforcement tone has been…

Law firm Cooper & Kirk accuses US regulators of weaponizing banking
cryptoslate.com Cooper & Kirk published a paper titled “Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto,” where the Washington D.C.-based law firm dives deep into the…

Binance Adds New Trading Pair For XRP Despite Facing CFTC Lawsuit
thecryptobasic.com World’s largest cryptocurrency exchange Binance has added a new stablecoin trading pair for XRP. According to an announcement today, Binance added the XRP/TUSD pair to its…

Binance Token BNB Falls 6% after CFTC Files Suit
blockworks.co The native digital asset of the world’s largest exchange is facing significant sell-side pressure after the US commodities regulator announced legal action against Binance…

Binance Continues Global Expansion With New ‘Web3 Outpost’ in Georgia
cryptopotato.com Crypto exchange Binance announced the opening a new blockchain hub in Georgia. The establishment of this new “Web3 outpost” is expected to help Binance strengthen blockchain…

Nasdaq Says Institutional Adoption for Crypto Growing Steadily
coinspeaker.com Coinspeaker Nasdaq Says Institutional Adoption for Crypto Growing Steadily The 52-year-old exchange operator Nasdaq has been recently eyeing a move in the crypto market and…

Nasdaq says institutional appetite in crypto is steady as it plots push into custody, trading
theblock.co Nasdaq is betting its established reputation will help it secure a strong place in the world of crypto. The 52–year-old exchange operator is waiting on approval from the New…

US government's crackdown on cryptocurrency akin to a witch-hunt
azcoinnews.com The collapse of major projects such as LUNA, Three Arrows Capital, and FTX, along with the banking crisis, has made US policies even more stringent. On March 8th, Silvergate…

Nasdaq Targets Mid-2023 For Crypto Custody Launch
bitcoinist.com Nasdaq Inc., one of the world’s leading financial institutions and the company behind the popular Nasdaq Stock Exchange, plans to start offering crypto custody services by…

Nasdaq Aiming to Debut Crypto Custody Service by Q2 End: Bloomberg
coindesk.com is aiming to debut its crypto custody services by the end of the second quarter, Bloomberg reported on Friday. The stock market exchange operator's senior vice president and…

Nasdaq Plans to Launch a Crypto Custody Platform This Year: Report
247wallst.com Nasdaq Inc., the company behind the giant namesake stock market exchange, is seeking to launch its digital asset custody platform in Q2 2023, Bloomberg reported Friday. The…

Binance Halts Spot Trading After Matching Engine Glitch
bitcoinist.com Binance, the world’s largest cryptocurrency exchange by trading volume, earlier today, on March 24, temporarily halted spot trading due to a matching engine glitch that…

Nasdaq to Debut Crypto Custody Services in Q2 2023, Filling Gap Left by Defunct Firms
kumaonjagran.com Nasdaq, one of the world's largest stock exchange operators, is looking to make its mark in the rapidly growing world of cryptocurrency. The company announced in September…

SHIB Trading Pair Delisted by Binance.US, Terra’s Do Kwon's Arrest Confirmed by Officials, Shibarium Documentation Completed: Crypto News Digest by U.Today
u.today Take a look at what happened in the world of crypto by reading U.Today’s top four news stories. In a recent Twitter announcement, stated that it will remove and cease…

Weekly Market Wrap: Bitcoin hovers around US$28,000 as banking concerns return. Will it hit US$30,000?
forkast.news Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 4.82% in the week from March 17 to March 24 to trade at US$27,926 at 9:30 p.m. on Friday in Hong…

White House Economic Report Shifts Stance on Crypto from Neutral to Negative
pymnts.com It’s increasingly looking like the fed is trying to put the crypto sector to bed. This, as a new report authored by the White House Council of Economic Advisers, devotes an…

Trading Pair Delisted by Binance.US: Details
u.today Binance.US, the subsidiary of top crypto exchange Binance, has announced it will be removing some advanced trading pairs. Citing low trading activity, Binance will delist…

Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
coindesk.com Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon... Jenny will discuss developing crypto-linked…

USDT Remains ‘Un-Tethered’ Against USDC and BUSD
watcher.guru The banking crisis that gripped the United States, had a domino effect on stablecoins, particularly on Circle’s USDC. Investors flocked to rival stablecoin Tether (USDT) as…

Largely Outperforms BUSD and USDC, Here's Why
u.today Head of Binance Changpeng Zhao, widely known in the crypto space as CZ, took to Twitter to offer a reminder that USD-backed stablecoin BUSD, which Binance launched in…

Flagstar to Take Over Signature Bank's Deposits
cryptodaily.co.uk Signature Bank is again in the news a week after the New York State Department of Financial Services (NYDFS) shut down the bank in order to prevent a domino effect from…

Crypto Weekly Roundup: Euler Finance Hack And More
cryptodaily.co.uk This week, the Euler Finance protocol was hacked, resulting in the loss of millions of dollars of crypto. The attacker turned down the protocol’s offer of retaining 10% and…