NY Regulator Seeks Crypto & AI Expert for Policy Team
The NYDFS is seeking a policy specialist to address critical crypto, DeFi, and AI issues within financial services. The New York State Department of Financial Services (NYSDFS) is looking to hire a specialist to assist in developing policies concerning cryptocurrencies, decentralized finance (DeFi), and artificial intelligence, among other related areas. The position is within the […]
SEC and Ideanomics Settle Over $40M Crypto Revenue Fraud Case
The Ideanomics case underscores the significance of adhering to federal securities laws and the potential consequences of misleading financial practices. The United States Securities and Exchange Commission (SEC) has resolved fraud charges against Ideanomics related to financial reporting and “misleading the public about the company’s performance.” According to the SEC’s official site , an investigation […]
BitGo Wins Singapore Approval, Eyes Asian Expansion
This license enables BitGo to provide customers with secure digital asset trading and custody solutions. The regulatory milestone that BitGo has reached is a significant one. The company has taken a significant step toward expanding its presence in the Asian market by obtaining the highly sought-after Major Payment Institution License from the Monetary Authority of […]
Crypto Super PACs Secure Major Victories in 3 US State Primaries
After supporting two losing candidates in Arizona primaries on July 30, the crypto-backed Fairshake PAC and its affiliates could win up to four new congressional races. Three primary races in Missouri and Michigan have already been called by news outlets, possibly influenced by funds from the Fairshake Super political action committee (PAC) or its affiliates, with a […]
Hacker Sentenced to 3.5 Years for $900K Coinbase Scam: Report
UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s crypto “Ponzi” fueled his lavish lifestyle, and Washington DFI flags the latest crypto fraud. A computer hacker from the United Kingdom has been sentenced to three and a half years in prison for his involvement in the scheme, which involved the compromise […]