Crypto at the polls: Eric Adams wins NYC mayoral race
Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote. Go to Source Powered by WPeMatico
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Stoush over Greenidge miner’s legal threats to activists over ‘false’ claims
Greenidge has refuted the claims that is pursuing legal action right now or “preventing anyone from sharing their position.” Go to Source Powered by WPeMatico
Celsius responds to NYAG crackdown on crypto lending platforms
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm. Go to Source Powered by WPeMatico
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James’ office. Go to Source Powered by WPeMatico
NY AG directs 2 crypto firms to shut down, investigates 3 others
NY AG “will not hesitate to take whatever actions are necessary against any company that thinks they are above the law,” said Letitia James. Go to Source Powered by WPeMatico
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter also calls for the New York government to assess … Read more
New York businesses ask governor to deny permits for crypto mining
Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike. Go to Source Powered by WPeMatico
Crypto finserve Bakkt to soon trade publicly on New York Stock Exchange
From Oct. 18, Bakkt’s common stock and warrants will be listed on NYSE under the ticker symbols “BKKT” and “BKKT WS” respectively. Go to Source Powered by WPeMatico
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office
A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10 of these rigs … Read more
New NY Gov. taps former Obama official to head state’s financial regulator
Adrienne Harris said she aims “to ensure we have a robust and fair financial system, and an equitable economy” in her role at the NYDFS. Go to Source Powered by WPeMatico
