BitLicense is the first comprehensive framework for regulating digital currency firms within the United States. Read about the final proposed legislation and also the reaction of a major New York bitcoin broker and exchange CEO's thoughts on the matter.
Read moreCredit Suisse, Societe Generale, Goldman Sachs and BNP Paribas are the subject of subpoenas issued by New York State Financial Services Superintendent Benjamin Lawsky, focused on investigating the technology used in their FX trading operations
Read moreCEO Antony Jenkins stated Wednesday, "Banks didn't have strong enough compliance departments. We've moved to strengthen ours. As I've always said, changing culture takes time. We're making progress - the industry has come a long way on both topics but we have work to do."
Read moreNew York State Superintendent of Financial Services Benjamin Lawsky may have uncovered evidence that Barclays and Deutsche Bank used automated systems to manipulate FX rates
Read moreIn recent months, US federal and state regulators have continued to focus on Bitcoin and the adoption of a regulatory framework for it and other "virtual currencies," as well as the enforcement of existing securities laws to offerings denominated in bitcoins...
Read moreBenjamin Lawsky, the astute and observant Superintendent of the New York State Department of Finance, is set to step down in 2015, leaving a legacy of Bitcoin proponency and an eye for sharp banking practices
Read moreWhat is meant by 'monitor' and how exactly they will provide oversight or uncover unethical practices is not quite clear yet.
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