Podcasts about nydfs

This week, John and Elliot discuss new Russian sanctions from the Council of the European Union, new UK AML requirements for art dealers, a call to action from FATF, Interpol, and UNODC, AUSTRAC's second public consultation on new AML/CTF rules, an alert from NYDFS about scammers impersonating crypto service providers, and other items impacting the financial crime prevention community.

Ron Borys and Ryan Farnsworth welcome CJ Dietzman and David Finz, Alliant Cyber, to discuss recent amendments to the New York Department of Financial Services (NYDFS) cybersecurity regulations. The team breaks down the regulatory changes, their impact on financial institutions and best practices for compliance. Together, they emphasize how proactive cyber risk management goes beyond insurance, helping organizations strengthen security and enhance their overall insurability—an approach Alliant takes pride in delivering to clients.

In this episode of the Identity at the Center podcast, hosts Jeff and Jim discuss the vital role of user access reviews, device identity, and the evolving landscape of Identity Access Management (IAM) with guest Stephen Washington, Head of IAM at Discover Financial. The conversation delves into regulatory compliance, the use of AI in IAM, and practical steps for improving user access certifications. They also explore the importance of managing service accounts, innovations in IGA, and the role of identity in modern cybersecurity frameworks. The episode wraps up on a lighter note with a chat about fitness challenges like Tough Mudder and personal cheese preferences for grilled cheese sandwiches. Chapters 00:00 Introduction to Regulatory Compliance in Financial Services 01:54 Welcome to the Identity at the Center Podcast 02:07 Exploring Device Identity 03:19 The Role of Identity in Modern Security 06:44 Engaging with the IAM Community 10:31 Upcoming Conferences and Events 13:58 Interview with Stephen Washington 25:36 The Importance of User Access Reviews 33:55 Backend Changes in IGA Systems 35:04 The Concept of Identity Data Lake 36:37 AI and Identity Fatigue 37:22 Importance of Identity Hygiene 38:32 Challenges with Access Reviews 39:42 Regulatory Compliance and Policy Changes 41:06 Advice for Practitioners on Access Reviews 45:47 NYDFS and User Access Reviews 47:41 The Role of NIST Cybersecurity Framework 52:35 Training Auditors and Policy-Based Access Control 57:38 Fitness and Stress Relief 01:05:38 Grilled Cheese and Final Thoughts Connect with Stephen: https://www.linkedin.com/in/stephen-washington-jr-5569b57/ Gartner IAM Summit - Code IDAC425 saves 425€: https://www.gartner.com/en/conferences/emea/identity-access-management-uk European Identity and Cloud Conference 2025 - Use code idac25mko for 25% off: https://www.kuppingercole.com/events/eic2025?ref=partneridac Identiverse 2025 - Use code IDV25-IDAC25 for 25% off: https://identiverse.com/ Connect with us on LinkedIn: Jim McDonald: https://www.linkedin.com/in/jimmcdonaldpmp/ Jeff Steadman: https://www.linkedin.com/in/jeffsteadman/ Visit the show on the web at http://idacpodcast.com

14th Jan: Blockchain DXB Podcast

Welcome to the Blockchain DXB Podcast, your source for the latest updates in the crypto world. This episode is written entirely by AI using Google's Notebook LM. Let's explore today's top stories. ⚠️ Disclaimer:This episode was entirely AI-generated using Google's Notebook LM. Please note that Google's Notebook LM has been criticized for being extremely left-leaning and displaying strong bias, which is inappropriate for AI-driven content creation. Listeners are encouraged to remain aware of potential biases and consume information critically. Approval Secured: Bitpanda gains in-principle approval from Dubai's Virtual Assets Regulatory Authority (VARA). Expansion Plan: The company sets up its first office outside Europe in Dubai, aiming to serve UAE investors. CEO Insight: Eric Demuth highlights Dubai's regulatory environment as pivotal to their growth. Platform Debut: Foundster becomes Dubai's first AI-powered company formation service. Automation Level: The platform automates 97% of the business setup process. Strategic Partner: IFZA Freezone joins as Foundster's official partner. Global Market Cap: $3.70 trillion (+2.08% daily increase). Bitcoin Market Cap: $2.07 trillion. Ethereum Market Cap: $478 billion. DeFi Volume: $13.34 billion, with LIDO leading at $39.39 billion. Fear & Greed Index: 82 (Extreme Greed) Top DEXs by Volume: Uniswap: $2.55B Pancakeswap: $1.85B Insight: Former President Trump hints at creating a U.S. Bitcoin reserve. Legal Battle: BiT Global Digital accuses Coinbase of anticompetitive behavior for delisting Wrapped Bitcoin (wBTC). Legislation Proposal: Texas plans a state-managed Bitcoin reserve for financial stability. Approval Secured: Ripple gets NYDFS approval, minting over 13 million RLUSD tokens on XRP Ledger and Ethereum. Service Launch: Zand introduces institutional-grade digital asset custody. Regulatory Backing: Approved by VARA, targeting corporate clients. License Granted: Aspen Digital obtains ADGM's Financial Services Permission. Service Offering: Focuses on asset management, advisory, and custody services for UHNW clients.

Crypto News: Ripple XRP RLUSD stablecoin gets approval from NYDFS to go live. Google's new quantum chip could be a threat to Bitcoin. Goldman Sachs crypto plans.Show Sponsor -

幻冬舎の暗号資産（仮想通貨）/ブロックチェーンなどweb3領域の専門メディア「あたらしい経済 www.neweconomy.jp/ 」がおくる、Podcast番組です。 ーーーーー 【番組スポンサー】 この番組は、「NOT A HOTEL COIN（NAC）」のNOT A HOTEL DAO、そしてモジュール型のイーサリアムL2チェーンを提供する次世代金融インフラ「Mantle」の提供でお届けします。 【NOT A HOTEL DAO】 RWAプロジェクト初のIEO「NOT A HOTEL COIN（NAC）」、国内IEO最大となる20億円の調達を達成しました。NACは、12月13日11時よりGMOコインにて取扱開始します。また同日12時より、NOT A HOTELアプリ内でサービスを開始、NACを預けるだけでNOT A HOTELに泊まれるレンディングなどが行えるようになります。詳しくは以下リンク先からご確認ください。 ーーーーー 【NOT A HOTEL DAO 関連リンク】 Website：https://dao.notahotel.com/ アプリ（Apple App Store）：https://apps.apple.com/jp/app/not-a-hotel/id1589198585 アプリ（Google Play）：https://play.google.com/store/apps/details?id=com.notahotel.android.notahotel&hl=ja 公式X：https://x.com/notahotel_dao ーーーーー 【Mantle】 Mantleは、モジュール型のイーサリアムL2チェーンを提供する次世代金融インフラ。Mantle Networkには、DeFi・ゲーム・NFTなど多数のDAppsが展開中。28億ドルを超えるDAOのトレジャリーが、Mantle NetworkやmETH Protocolをはじめ、多数のパートナーを支援しています。信頼、透明性、そして革新を携えたMantleと共に、次世代の経済に参加しませんか？ Web3/DeFiの未来を、Mantleと共に。 ーーーーー 【Mantle 関連リンク】 Website: https://www.mantle.xyz/ja Discord : https://discord.com/invite/0xmantle Twitter:https://x.com/0xmantlejp Medium :https://medium.com/0xmantle-jp TG: https://t.me/mantlenetwork/69759 Email: marketing@mantle.xyz ーーーーー 【紹介したニュース】 ・コインチェックの米ナスダック上場手続き完了、本日CNCKで取引開始 ・バイナンスがサークルと提携、「USDC」取引ペア採用など利用拡大へ ・リップル社の独自米ドルステーブルコイン「RLUSD」がNYDFSより承認、近日中ローンチへ ・リミックスポイントが暗号資産を追加購入、今月3度目で総額45億円に ・テザー「USDT」、アブダビグローバルマーケットで規制承認を取得 ・Magic Eden（ME）、コインベースやバイナンスなど海外主要取引所に上場 ・マイクロソフト株主総会、ビットコインをバランスシートに加える提案を却下　 ・マラソンデジタルがビットコイン追加購入、総保有数40,435BTCに ・イラン政府、暗号資産を制限せず規制整備で活用へ ・バイナンスに「アクロス・プロトコル（ACX）」と「オルカ（ORCA）」上場 【あたらしい経済関連リンク】 ニュースの詳細や、アーカイブやその他の記事はこちらから https://www.neweconomy.jp/

05th Dec: Blockchain DXB Podcast

This episode of Blockchain DXB is powered by Notebook LM by Google, showcasing AI-driven insights and analysis. Join us as we delve into the latest crypto headlines, including: Russian President Vladimir Putin's bold praise for Bitcoin. Ripple's RLUSD stablecoin facing delays. VARA's regulatory updates and enforcement notices. Legal twists with Roger Ver and Alex Mashinsky. At the Russia Calling! Forum, President Vladimir Putin stated, “Who can ban Bitcoin? Nobody.” Highlighted Bitcoin's role in financial reliability and cost reduction. Russia's progressive stance: Ripple clarified their RLUSD stablecoin launch is pending final NYDFS approval. Delays resulted in Ripple being overtaken by Tether (USDT) in market cap rankings. XRP price fell by 7.55% in 24 hours, raising questions about investor confidence. VARA issued licensing and enforcement notices to protect UAE consumers and businesses. Key warnings include unregulated operations and risks associated with entities like: VARA emphasizes the importance of compliance in Dubai's expanding blockchain ecosystem. Known as Bitcoin Jesus, Roger Ver is accused of $50M in tax evasion. Legal team claims charges stem from unclear tax regulations during crypto's early days. Released on $160,000 bail, Ver faces extradition and an uncertain future. The Celsius Network founder admitted to manipulating CEL token prices. Profited $42M before Celsius filed for bankruptcy. Mashinsky faces up to 30 years in prison, with sentencing set for April 2025. Market cap hits $3.59T, a 2.81% increase in 24 hours. DeFi highlights: Stablecoins dominate: Market sentiment is at Extreme Greed (82). Will Putin's endorsement drive wider Bitcoin adoption globally? How will Ripple's RLUSD delay impact XRP's long-term trajectory? Special thanks to Notebook LM by Google for powering today's AI-driven analysis. To support the channel: Join our Patreon: https://www.patreon.com/BlockchainDXB ⚡ Buy me Coffee ☕ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ Advanced Media ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ The Race Space Podcast

In this episode of Reimagining Cyber, host Rob welcomes Tony Gonzalez, Principal at Inner Vision Services LLC and former CISO for QBE North America. They delve into the topic of third-party risk management, exploring its evolution from a checkbox approach to a comprehensive part of an organization's risk posture. They discuss the challenges and responsibilities involving third, fourth, and even fifth-party risks, especially within large organizations across various sectors like financial services, insurance, and biotech. Regulatory influences such as NYDFS and PCI are also examined, along with practical advice for prioritizing and improving third-party risk assessment processes, highlighting the importance of strategic partnerships and efficient communication.Follow or subscribe to the show on your preferred podcast platform.Share the show with others in the cybersecurity world.Get in touch via reimaginingcyber@gmail.com

Join Chris Willis and his colleague Stefanie Jackman as they delve into the recent amendments to New York City's debt collection rules. In this episode of The Consumer Finance Podcast, they discuss the significant changes, including communication restrictions, validation requirements, and the expanded coverage to include creditors. Learn about the implications for both creditors and debt collectors, the enforcement mechanisms, and the ongoing legal challenges. Stay informed and prepared for the April 1, 2025, enforcement date.

In this episode of The Consumer Finance Podcast, Chris Willis is joined by Partner Kim Phan to discuss the latest cybersecurity guidance from the New York Department of Financial Services (NYDFS) concerning artificial intelligence (AI). Released on October 16, this guidance addresses the growing cybersecurity threats posed by AI and provides insights on how financial institutions can mitigate these risks. Kim and Chris delve into the specifics of the guidance, including the expectations for risk assessments, the importance of monitoring AI usage, and practical steps for enhancing cybersecurity measures. They also highlight the dual perspective of AI risks from both external threat actors and internal vulnerabilities, and discuss the potential benefits of integrating AI into cybersecurity strategies. Tune in to gain a comprehensive understanding of how to navigate these new guidelines and stay ahead in the evolving landscape of cybersecurity.

A $160 million political spending spree by cryptocurrency firms and executives is poised to usher in a new, bipartisan army of industry-friendly lawmakers across the House and Senate.Guest: Kristin Smith CEO of Blockchain AssociationBlockchain Association Website ➜ https://theblockchainassociation.org/00:00 Intro00:14 Sponsor: Coinbase01:10 How many House/Senators are we trying to flip?03:15 Crypto interests spending on elections06:25 Trump vs Harris on crypto09:30 What is driving Warren's anti-crypto stance?12:07 Will either President actually speak at the Policy Summit?13:00 FINRA on New Investor demographics16:25 Will not firing Gensler directly lead to Kamala losing election?19:07 Sean Casten at last years Policy Summit23:00 BRICS fast tracks Stablecoin legislation (Bill Haggerty)25:45 Why hasn't NYDFS approved $RLUSD yet?28:00 Does Blockchain Association support Polymarket?30:15 Rostin Behnam admits defeat on polymarket32:09 Stand with Crypto32:35 Outro#bitcoin #crypto #XRP~Crypto Election Race️‍

Welcome to today's episode of 'AI Lawyer Talking Tech,' where we delve into the transformative impact of AI on the legal landscape. In this episode, we explore a series of groundbreaking developments, including Dentons' partnership with Intanify to enhance IP discovery, Thomson Reuters' launch of the CoCounsel Drafting tool, and LegalFly's significant funding boost to automate contract review. We also examine regulatory advancements, such as the NYDFS's new guidelines for insurers using AI, and the European Union's comprehensive AI Act. Join us as we unpack how these innovations and regulations are reshaping legal practices, improving efficiency, and setting new benchmarks for the industry. Dentons partners with AI startup Intanify for IP discovery, including referral scheme and white label pilot16 Jul 2024Legal IT InsiderThomson Reuters Launches CoCounsel Drafting Tool16 Jul 2024Legal Tech BlogFrom Tinder to Legal AI – LegalFly Bags €15m16 Jul 2024Artificial LawyerNYDFS Adopts Final Circular on Use of AI or External Data by Insurers15 Jul 2024Debevoise Data BlogYou and the Law | How AI could impact the legal profession and benefit clients16 Jul 2024Eureka Times-StandardA preview of the King's speech16 Jul 2024Law Society GazetteGenerative AI in the modern lawyer's toolbox16 Jul 2024Florida Bar NewsSet the right precedent by automating your firm's cost reporting with BigHand16 Jul 2024Legal FuturesRanking for keywords and phrases using SEO and digital PR: Conscious Solutions and Hayes Connor16 Jul 2024Legal FuturesSurvey of Plans for Law Library Print Materials Collection16 Jul 2024Library BoyBiglaw Finally Getting Its Act Together On Hybrid Work, Opting For Smaller Office Space15 Jul 2024Above The LawIndustry-Leading Law Department Management Benchmarking Survey Offers Insights on Legal Spending15 Jul 2024Legal ReaderDOL Issues AI Principles for Developers and Employers15 Jul 2024Vensure.comPromoting Economic Justice15 Jul 2024Penn law7 Unique Ways AI is Changing Legal Advocacy for Drunk Driving Victims15 Jul 2024AIJourn.comInside the Mind of Your Legal Leader: 4 Challenges and Trends15 Jul 2024JD SupraTrade & Export Finance Webinar Presentation: An update on developments in the creation and financing of trade assets and how to get involved15 Jul 2024JD SupraMeet Me At ILTACON: Traveling Coaches, Legal Learning Innovators15 Jul 2024Above The LawCalifornia Federal Court Denies Motion To Dismiss Artificial Intelligence Employment Discrimination Lawsuit16 Jul 2024Duane MorrisLong awaited EU AI Act becomes law after publication in the EU's Official Journal16 Jul 2024White & CaseIRS Launches New Large Partnership Audits, Relying on AI and Increased Funding16 Jul 2024Latham & WatkinsGrow Responsibly: Legal Priorities for AI Adoption16 Jul 2024Stoe Rives LLPIs Your Business Prepared to Comply With Rhode Island's Comprehensive Privacy Law?15 Jul 2024Hinshaw & Culbertson LLPDecoding Colorado's Artificial Intelligence Act15 Jul 2024Frost Brown ToddFortifying Your Data Center Lease: Key Considerations in Data Center Leasing15 Jul 2024Schiff HardinAI liability in the EU (and UK): What's the current state of play?15 Jul 2024Hogan Lovells

08th July: Crypto & Coffee at 8

This episode of the podcast, focusing on climate risk as an emerging regulatory compliance issue, features a dialogue between Len and Dean. They discuss how climate-related risks, especially in the financial sector, have gained attention in recent years. New York State is highlighted for its proactive stance in providing guidance for financial institutions on managing these risks, including a section published on the NYDFS website. Dean emphasizes the lack of specific regulations but notes earlier general principles issued by the OCC regarding climate-related financial risk management. They also delve into the use of data and mapping techniques to assess climate risks at a granular level, stressing the importance of geocoding records and correlating them with climate hazards. The discussion concludes with an emphasis on financial institutions starting to identify and assess climate risks, considering both physical and transition risks, and integrating these into their overall risk management frameworks. The episode promotes their consulting services for assisting institutions in managing climate risks. Brought to you by GeoDataVision and M&M Consulting

This episode of CISO Tradecraft dives deep into the New York Department of Financial Services Cybersecurity Regulation, known as Part 500. Hosted by G Mark Hardy, the podcast outlines the significance of this regulation for financial services companies and beyond. Hardy emphasizes that Part 500 serves as a high-level framework applicable not just in New York or the financial sector but across various industries globally due to its comprehensive cybersecurity requirements. The discussion includes an overview of the regulation's history, amendments to enhance governance and incident response, and a detailed analysis of key sections such as multi-factor authentication, audit trails, access privilege management, and incident response. Additionally, the need for written policies, designating a Chief Information Security Officer (CISO), and ensuring adequate resources for implementing a cybersecurity program are highlighted. The podcast also offers guidance on how to approach certain regulatory mandates, emphasizing the importance of teamwork between CISOs, legal teams, and executive management to comply with and benefit from the regulation's requirements. AuditScripts: https://www.auditscripts.com/free-resources/critical-security-controls/ NYDFS: https://www.dfs.ny.gov/industry_guidance/cybersecurity  Transcripts: https://docs.google.com/document/d/1CWrhNjHXG1rePtOQT-iHyhed2jfBaZud Chapters 00:00 Introduction 00:35 Why Part 500 Matters Beyond New York 01:48 The Evolution of Financial Cybersecurity Regulations 03:20 Understanding Part 500: Definitions and Amendments 08:44 The Importance of Multi-Factor Authentication 14:33 Navigating the Complexities of Cybersecurity Regulations 20:23 The Critical Role of Asset Management and Access Privileges 25:37 The Essentials of Application Security and Risk Assessment 31:11 Incident Response and Business Continuity Management 32:36 Concluding Thoughts on NYDFS Cybersecurity Regulation

In crypto news today the AMM goes live on the XRPL. BlackRock Head of digital assets talks the future of Bitcoin and Ethereum. Ethereum Naming Service data appears in Google search.

Today's blockchain and cryptocurrency news Bitcoin is up .5% at $43,775 Eth is up slightly at $2,297 Solana is now in the top three, up 1% at $96 Bulgaria ends investigation into Nexo SEC admits to inaccurate statements in lawsuit against startup BarnBridge DAO faces fines from SEC. Paxos gets NYDFS approval for Solana support. Akron Energy secures $110M in funding. Get 15% off OneSkin with the code DCR at https://www.oneskin.co/ #oneskinpod Learn more about your ad choices. Visit megaphone.fm/adchoices

Join Troutman Pepper Partner Chris Willis as he discusses the New York Department of Financial Services' (NYDFS) latest updates to its cybersecurity regulations with Troutman Pepper Privacy + Cyber Partner Kim Phan. With data breaches on the rise, the NYDFS has heightened its expectations for licensed entities in New York regarding data management. The finalized draft of these changes was released on November 1, following a year of public comment. Kim provides listeners with important background on these changes and discusses their potential impact on financial institutions of all sizes. Topics include data retention requirements, end-of-life management, enhancements to multifactor authentication, response plan execution, and of course, enforcement actions. 

In this episode, Ryan and Shannon discuss the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations. Please LISTEN

Keith Novak is the Co-founder and CISO at Intentional Cybersecurity, an advisory firm supporting clients with cyber risk needs using penetration testing, control validation, and cyber due diligence. Keith drives the company's growth and success by delivering high-value cybersecurity advisory assessments. A seasoned veteran in the industry, he's worked with clients in all sectors and verticals. Before founding Intentional Cybersecurity, Keith led the global cyber risk advisory and strategy practice for Kroll, a leading cyber risk management and incident response firm. Keith is one of the few cyber professionals with experience in technical operations and business strategy, adding value to any cybersecurity team. In this episode… The SEC requires companies that have experienced drastic fiscal changes to submit a Form 8-K. With the number of data breaches in recent events, we will likely see more 8-K filings. How can organizations be more proactive about protecting their data? Cybersecurity expert Keith Novak explains humans are still fallible regardless of how flawless their security program might be. Therefore, it's imperative to train helpdesk personnel to be steadfast in confirming identities. Keith suggests significant improvements to the multifactor authentication process, such as asking for passphrases or employee IDs. He also shares that private companies do not fall under SEC, NYDFS, and NEIC requirements and are not obligated to report breaches. However, boards do encourage cybersecurity services, including risk assessments. Individuals can practice risk assessments, as well, by adopting a healthy dose of skepticism. Don't shy away from asking why your social security card or driver's license is needed. In this episode of the She Said Privacy/He Said Security Podcast with Jodi and Justin Daniels, Keith Novak, Co-founder and CISO at Intentional Cybersecurity, discusses how privacy and security relate to cybersecurity. Keith explains the significance of data transparency, how individuals and companies can protect themselves from data breaches, and suggests multifactor authentication (MFA) process improvements.

Bitcoin is up slightly at $26,577 Eth is up slightly at $1,592 BNB is up slightly at $210 Coinbase considered buying FTX Europe to expand derivatives Peter Marton, head of NYDFS virtual currency unit is stepping down. Consensys to deprioritize Truffle and Ganache. Proof of Play raises $33M in seed led by Greenoaks & a16z. Learn more about your ad choices. Visit megaphone.fm/adchoices

In crypto news today SEC Gary Gensler will meet with Congress next week and Crypto will be a big topic. NYDFS blacklists Ripple XRP, Dogecoin, and Litecoin. Democrats fight Republicans on CBDC bill.

Overnighters, Episode 542: China Remains Anti-Crypto Crypto Fraudsters Sentenced NYDFS Wants More Power and More The TL;DL -  New York Attorney General Letitia James proposed a bill that would give the state's Department of Financial Services stronger authority to regulate digital assets and protect investors-The bill would require exchanges to reimburse customers who are victims of fraud, ban marketplaces from keeping custody of customer funds, and prohibit crypto companies from engaging in certain conflicts of interest. It would also give the Attorney General more enforcement powers.  Binance is under investigation by the US Department of Justice for allegedly allowing Russian customers to access its platform in violation of US sanctions-This is the latest in a series of high-profile actions against Binance, which has also been investigated by the IRS, the SEC, and the CFTC. Binance has denied any wrongdoing. A US judge has found "prima facie evidence" of contemptuous conduct by Craig Wright in court proceedings for failing to provide correct information linked to $143 million in cryptocurrency. The judge has ordered Wright to show why he should not face sanctions. Voyager Digital, a crypto lender, has announced that it will be self-liquidating its assets and winding down operations-This comes after the company was unable to secure a deal to sell itself to either FTX US or Binance.US. Customers will receive an initial recovery of only 36% of their crypto holdings. The recovery rate could rise if Alameda Research's attempt to claw back $446 million from Voyager's estate fails. China's government maintains its anti-crypto stance despite Hong Kong's progress in crypto adoption-Some state-affiliated banks in China have opened bank accounts to serve crypto clients in Hong Kong, but this does not imply any change in the Chinese government's attitude towards crypto regulation. China government-backed firm CPIC Investment Management launched two cryptocurrency funds in April, but its CEO expects the government to keep its policies the same in the foreseeable future. The United Kingdom's Financial Conduct Authority (FCA) has cracked down on illegal crypto ATMs. The FCA inspected facilities in three UK cities suspected of operating unregistered cryptocurrency ATMs. The FCA cited their powers under the UK's Money Laundering Regulations from 2017 in conducting the inspections. The FCA will review evidence gathered and "consider taking further action where necessary." Coinbase filed a complaint with the SEC asking for regulatory clarity. The SEC has been aggressively targeting crypto platforms and several individual actors accused of manipulating crypto assets. As a result, many firms are now looking to move their operations to friendlier jurisdictions. Crypto fraudsters are increasingly being sentenced to jail time. In recent months, several high-profile figures have been convicted, including Thomas Clausi, Gilbert Armenta, and Do Kwon. These cases demonstrate the severity of crypto fraud and the consequences that await those who engage in such activities. (5/6/2023)-Welcome back to the Crypto Overnighter. My name is Nikodemus, I'll be your host as we take a nightly look at the crypto, NFT, and metaverse space and the industry surrounding it. And keep in mind, nothing in this show should ever be considered financial advice.  Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

In this episode, Jennifer Palmer engages in a detailed discussion with Quinn Emanuel partner Katie Lemire, who previously oversaw enforcement and consumer protection at the New York State Department of Financial Services (NYDFS).  Katie breaks down for listeners the role of the NYDFS and provides a rare firsthand account into its regulation of cryptocurrency.  Katie then summarizes the recent NYDFS enforcement action against Robinhood.  Finally, Katie provides two very basic reminders that can protect listeners from cybersecurity issues.

This is a special Episode. It's timely and yet it was recorded last October LIVE at Money20/20. Some lessons are Evergreen. Our guests Kaitlin Asrow at NYDFS and John Pitts at Plaid go deep on their personal experience while providing high level lessons we can all apply today in the midst of a strange time for banking. We also have a guest host this week, Ally McCloskey. Ally was the host of The Wharton Fintech Podcast and she's now at Clocktower. We're very aware she's better than our usual host, don't rub it in, please. Helpful Links:Kaitlin Asrow on LinkedIn John Pitts on LinkedIn & TwitterAlly McCloskey on LinkedIn & TwitterNYDFS on Twitter Plaid WebsiteConnect with Zach:ForFintechsake.comFollow Zach on TwitterConnect with Zach on LinkedIn

Signature Bank was shut down by the NYDFS citing “systemic risk.”On Sunday, as government authorities announced that Silicon Valley Bank depositors would be protected, they added that the New York Department of Financial Services would be shuttering Signature Bank. Little explanation was given but some, including Signature board member and bank regulation architect Barney Frank, think it was a calculated move to send an anti-crypto message.-“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with today's editing by Jonas Huck, research by Scott Hill and additional production assistance by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Paul Marotta / Getty Images, modified by CoinDesk.Join the discussion at discord.gg/VrKRrfKCz8.Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this podcast episode, FTI Consulting experts Todd Renner and Adriana Villasenor are joined by Erez Liebermann, partner at Debevoise & Plimpton, to discuss the updates to the Part 500 cybersecurity rules from the New York Department of Financial Services (NYDFS). Together, the group debriefs the changes from a cybersecurity, communications, and legal perspective, and considers the broad implications of the regulation nationally and globally.See omnystudio.com/listener for privacy information.

With a storied career as a CISO, Richard is also the co-author of “How to Measure Anything in Cybersecurity Risk, with a second edition coming out in April. Ahead of changes to NYDFS and SEC security rules, I wanted to get his take on the implications for the changes and dig in deeper to his approach for measuring risk.Follow Richard: LinkedInPre-order the 2nd edition of How to Measure Anything in Cybersecurity Risk

Mike Selig, counsel at Willkie Farr, has plenty to talk about this week, with a slew of actions from Gary Gensler's SEC putting the future of crypto in the U.S. in question. From Kraken's custodial staking settlement to action against BUSD issuer Paxos, the former CFTC law clerk voices concern that coordination among regulators could choke off the industry's growth. Hear how Selig thinks Gensler's SEC is working to bring crypto markets “within the regulatory perimeter.” Show highlights: whether regulators are using the FTX case to go against crypto as a whole what likely caused the NYDFS action against Paxos for BUSD whether there's a coordinated effort to undermine the crypto markets how issuers could argue that stablecoins aren't securities why there are limited implications for staking as a whole after Kraken's SEC settlement how the regulators are “discouraging access and participation in crypto markets at the banking level” the differences between Gary Gensler's SEC and that of his predecessor, Jay Clayton how the Gensler administration is skeptical of governance and DAOs why the SEC's crypto custody rule proposal is refreshing, albeit not perfect Thank you to our sponsors! Crypto.com Guest Mike Selig, counsel at Willkie Farr Twitter Links Unchained:  Circle Told NYDFS That Paxos-Issued BUSD Wasn't Fully Backed SEC Wants Tougher Rules for Crypto Custody CoinDesk: SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms WSJ: Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token Regulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin - WSJ The Block: SEC action against Paxos paints regulatory target on stablecoins Tom Wan on the ramifications of Paxos being ordered to stop issuing BUSD  Bloomberg: US Crackdown Seeks to Push Crypto Back to the Fringes of Finance Learn more about your ad choices. Visit megaphone.fm/adchoices

Join me today for Episode 674 of Bitcoin And . . . Topics for today: - Nigeria: Touchstone for African BTC adoption? - Bitcoin, nostr integration - CleanSpark buys 20,000 S19j Pro+ miners - Wyoming to keep hands off of private keys - Terra and Do Kwon in trouble again - Japan to test CBDC - Binance thumbs nose at SEC, NYDFS by printing $50 million in TUSD #Bitcoin #BitcoinAnd $BTC You can find me at My Tippin.me page: tippin.me/@GhostOfNunya Instagram: Bitcoin_And Mastodon: @NunyaBidness@bitcoinhackers.org Facebook: @bitcoinAnd Music by: Flutey Funk Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

"Welcome to Web3 with FTC For February 10th by Fintech Confidential, the place where we keep you up-to-date on the latest developments in the world of Web3, Crypto, Blockchain, NFTs, and Fintech. "Get ready for some fresh and thrilling insights on the crypto and blockchain world right here on Web3 with FTC! No more stale, regurgitated stories. We've got the hottest and newest updates for you."Top stories for today. 1️⃣ Paxos in Hot Water with NYDFS and SEC Over BUSD Listing: Will the Stablecoin Giant Survive?2️⃣ Kraken Settles with SEC for $30M: Are Centralized Exchanges Like Kraken and Coinbase Going Extinct?3️⃣ LocalBitcoins Bows Out Due to Crypto-Winter, RoboSats and Bisq Provide P2P Alternatives4️⃣ ReserveBlock's RBX Token Listed on BitMart: Could Eco-Friendly NFTs Be the Future of Crypto?5️⃣ AI Tokens Outshine Bitcoin: Will the Hype Last or Will Bitcoin Reign Supreme?6️⃣ Celsius Denied Extension as Cash Burn Continues: Will the Company Survive Chapter 11?7️⃣ XDC Network Leads the Way in Real-World Decentralized Finance: Enterprise Applications and Trade Finance at the ForeLinks:Fintech Confidential FOLLOW, LIKE & SUBSCRIBEYouTube: https://youtube.com/@fintechconfidentialPodcast: http://podcast.fintechconfidential.comNewsletter: http://access.fintechconfidential.comLinkedIn: https://www.linkedin.com/company/fintechconfidentialTwitter: https://twitter.com/FTconfidentialInstagram: https://www.instagram.com/fintechconfidentialFacebook: https://www.facebook.com/fintechconfidentialSupporters: Support is provided by Solvpath, an A.I.-driven customer support system that uses a visual format and self-serve technology to quickly and effectively resolve issues, resulting in satisfying support experiences for customers. Get the best customer support system for your business. Get Solvpath. Get started by visiting www dot Get Solvpath dot com www.getsolvpath.com This is a production of Diamond D3 Media, with All Rights Reserved. This is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. We strive to provide accurate and up-to-date information but will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions. ABOUT: Tedd Huff: President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential and Head of Corporate Strategy at Corvia. Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of...

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, Polygon Chief Legal Officer Marc Boiron joins the show to examine the SEC's recent enforcement ramp-up. why Marc thinks NYDFS coming after Paxos is the most interesting thing to analyze in the SEC-BUSD spat whether the SEC and NYDFS actions against Paxos were coordinated  whether a stablecoin is a security and why the SEC might be inclined to go after Paxos how a stablecoin could resemble a money market fund whether the SEC action against BUSD consolidates Tether's dominance why Robert is nervous about the ramifications of the Paxos situation for all of crypto the unique characteristics of Kraken's staking services that led to settlement with the SEC the meaning of the settlement for other custodial staking services and staking in general why Robert voted in favor of the Uniswap governance proposal why Haseeb is fine with how a16z voted in the proposal how on-chain governance should be approached  Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Robert Leshner, founder of Compound  Tom Schmidt, general partner at Dragonfly Capital Guest Marc Boiron, chief legal officer at Polygon Links Disclosures BUSD shutdown WSJ: Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token Regulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin The Block: Gensler: SEC has been 'clear' on cryptocurrencies Unchained: Circle Told NYDFS That Paxos-Issued BUSD Wasn't Fully Backed SEC vs. Staking Ethereum ETH Staking Deposits Kraken to Discontinue Unregistered Offer and Sale of Crypto Asset Staking-As-A-Service Program and Pay $30 Million to Settle SEC Charges Coinbase's staking services are not securities. And here's why. - Blog Uniswap governance drama Unchained episode on the topic: Chris Blec on Why He Believes a16z's Uniswap Vote Exposes DeFi as a Farce - Ep. 454  Wormhole vs. LayerZero posts Wormhole  LayerZero Explanation video from Unchained  Learn more about your ad choices. Visit megaphone.fm/adchoices

Paxos announced it will cease issuing BUSD after action by the NYDFS.Last week, rumors swirled that Paxos was the next target for regulatory action. On Sunday, the Wall Street Journal reported the Securities and Exchange Commission was preparing a suit accusing the company of issuing an unregistered security. Then on Monday, the New York-regulated company announced it would cease issuing Binance USD after the state banking regulator said Paxos couldn't do so in a safe and sound manner. -Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: ZU_09/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $21,808 Ethereum is down slightly at $1,541 Binance Coin is down slightly at $306 Kraken to shutter staking after SEC probe — will pay $30M fine. Paxos faces NYDFS investigation PayPal reports $604M crypto holdings at close of 2022. Deputy puts Rihanna hit on Anotherblock. DForce loses $3.6M in hack. Su Zhu announces OPNX Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's blockchain and cryptocurrency news Bitcoin is down slightly at $23,102 Ethereum is down .5% at $1,579 Binance Coin is down slightly at $307 NYDFS investigates Gemini Philippines securities exchange regulator seeks comments from the public Premier league partners with Sorare Arbitum based DEX emerges from stealth. Hypernative picks up $9M in a seed round. Pfizer Ventures backs VitaDAO. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt and Nic return for another week of news and deals. In this episode:  Is there a socially optimal level of vigilantism  What's the deal with Modulo Capital?  SBF's mother and brothers are now in the crosshairs Matt and Nic hash our VR vs AR Ted Cruz asks cafeterias in the Capitol to accept bitcoin  Texas introduces Proof of Reserve legislation  What's North Korea's endgame with all their hacked crypto? Tucker Carlson's theory that the airline outage was due to Bitcoin randomware  Matt's Bell's Palsy story Roger Ver owes Genesis $20m  Tungsten cubes are making a comeback Our Super Bowl picks Content mentioned in this episode:  Fidelity Digital Assets, "2023 Look Ahead: Refocusing and Building on Digital Assets' Core Principles." Galaxy Digital mining, "Surviving the Perfect Storm – 2022 End of Year Mining Report" Former Senator Phil Gramm and current SEC Commissioner Hester Peirce in the WSJ, "The SEC Seeks to Supplant the Market. Its mandate doesn't include telling CEOs how to run their companies and investors how to invest" Texas Bill HB-1666 NYDFS new virtual currency guidance for custodial institutions

Matt and Nic return for another week of news and deals. In this episode:  A call for on-chain archeology Nic's scuppered NYE plans More news from the FTX crime family Who is SBF's mystery bail benefactor? SBF pleads not guilty SBF is prohibited from moving further FTX/Alameda assets SBF had four meetings with White House staffers regarding pandemic preparedness New inductees into the Bad Boys club Nic's pickleball confession We revisit the 42 yard field goal challenge The Bahamas regulators wrangle with Jon Ray regarding FTX assets The SEC steps in to stop the voyager deal The House fails to elect a speaker NYDFS fines Coinbase $50m for deficient compliance DCG and Gemini's wrangle India's new crypto framework What's happening with the institutionalization of crypto? Content mentioned in this episode: Sean Judge on Medium, Reasons to remain bullish after a year in crypto hell Sponsor notes: Talos powers institutional access to the entire digital assets ecosystem via a single-point of entry. Connect directly to your preferred prime brokers, lenders, investors, custodians, exchanges, OTC desks and more, or meet them on Talos. Get started at Talos.com Subscribe to the Coin Metrics State of the Network newsletter

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $17,040 Ethereum is up slightly at $1,291 Binance Coin up slightly at $291 FTX bankruptcy looks for independent investigator Coinbase disables mobile NFT transfers due to Apple Tax. NYDFS wants to bill crypto companies for supervision costs Fleek raises $25M series A Helio, Ankr suffer exploit. Stripe builds on-ramp for web3. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt and Nic return for another week of deals and news. In this episode:  Is there any hope for ETH PoW forks? Is Ethereum unforkeable? More 3AC shenanigans of the week The 3AC Toyota Century situation The 3AC boys have some unexpected supporters  A bipartisan bill proposes giving the CFTC oversight over the spot market What's up with the croissant diet NYDFS fines Robinhood Crypto Michael Saylor steps down from this CEO role at Microstrategy The SEC charges 11 individuals involved in the Forsage ponzi The other Nick Carter is in trouble for endorsing Safemoon Another cross chain bridge is hacked What happened with this Solana wallet hack? Matt loses the tip of his finger Coinbase partners up with Blackrock Sponsor notes: Subscribe to the Coin Metrics State of the Network newsletter

Ep. 55 of the Cyber Law Revolution Podcast is live!Cybersecurity, data security, and privacy laws are the fast-moving and evolving regulations in the country. Don't blink, or you will miss an amendment or change existing law. The NYDFS demonstrated just that in a recent draft amendment to its already strict cybersecurity law. In this episode, we do a nerdy dive into the new proposed amendments.Feel free to call (410-917-5189), e-mail (spollock@mcdonaldhopkins.com), or comment below!

Ep. 52 of the Cyber Law Revolution Podcast is live!In this episode, we dive into the recent consent enforcement action by the NYDFS against Carnival Cruises and its subsidiaries.Let me tell you, this consent action was no joke, and the NYDFS hammered Carnival on deficiencies related to cybersecurity and compliance.Tune in to understand the practical effects of this decision. Keep those questions, calls, and comments coming (comment below!)...410-917-5189 or spollock@mcdonaldhopkins.com

This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from our Keynote stage and is titled, The Role of NY DFS in Fostering Financial Innovation. Speaking at this session is Adrienne Harris, NYDFS with Moderator: Garry Reeder, American Fintech Council.

Drop 1: UK to test Blockchain in TradFi https://en.cryptonomist.ch/2022/06/08/uk-blockchain-traditional-markets/ .. Drop 2: Block's TBD web5 https://bitcoinmagazine.com/business/jack-dorseys-tbd-presents-bitcoin-based-decentralized-web5 .. Drop 3: Mila Kunis, web3 entrepreneur https://deadline.com/2022/06/mila-kunis-partners-with-sharad-devarajan-to-launch-web3-entertainment-franchise-armored-kingdom-1235042803/ .. GBBC and GDF merge to form largest global advocate association https://gbbcouncil.org/news/major-merger-creates-worlds-largest-members-association-for-blockchain-technology-and-digital-assets-sector We.trade ceases operations https://www.gtreview.com/news/fintech/we-trade-calls-it-quits-after-running-out-of-cash/ Binance under US regulatory investigation https://www.coindesk.com/policy/2022/06/06/us-regulators-investigating-binances-bnb-token-report/ New crypto services from PayPal https://www.theblockcrypto.com/amp/linked/150437/paypal-adds-new-crypto-services-including-transfers-to-other-wallets Full bitlicense for PayPal https://www.coindesk.com/business/2022/06/07/paypal-converts-conditional-virtual-currency-license-to-full-bitlicense/ Hathor now listed at FoxBit https://twitter.com/HathorNetwork/status/1534540329499729920?t=HaK8xsV4JbRsnY56Ha6eAw&s=19 NYDFS guidelines for USD backed stablecoins https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202206081 Bitcoiners go to US Congress - letter defending right to transact https://coinmarketcap.com/alexandria/article/bitcoiners-defend-crypto-and-attack-critics-in-new-letter-to-congress Jamaica to launch CBDC named Jam-Dex https://coinmarketcap.com/alexandria/article/revealed-the-next-country-to-roll-out-a-central-bank-digital-currency-nationwide VeChain partners with UFC for various Blockchain use cases https://vechainofficial.medium.com/ufc-and-vechain-announce-historic-global-marketing-partnership-vechain-becomes-first-official-9360688601ad .. https://bi.11fs.com/ --- Send in a voice message: https://anchor.fm/blockdropspodcast/message

Nic and Matt are back for news and deals of the week. In this episode:  Greetings from a very hot Consensus in Austin Our takeaways from the Lummis/Gillibrand bill What the NY state mining moratorium means for miners The Central African Republic lays out its plans for Project Sango Custodia Bank is suing the Fed for sitting on their master account application Binance fires back at Reuters We break down a NY Times article on early bitcoin mining NYDFS issues new standards for NY-regulated stablecoins Were the inflation truthers correct about CPI metrics? Sponsor notes: Subscribe to the Coin Metrics State of the Network newsletter

Today's blockchain and cryptocurrency news Brought to you by the new web3 with a16z podcast (https://podcasts.apple.com/us/podcast/web3-with-a16z/id1622312549) Bitcoin is down .5% at $30,301 Ethereum is down slightly at $1805 and Binance Coin is down slightly at $290 Coinbase to make a strategic investment in Zipmex Ethereum Ropsten testnet completes merge FireStake admits to draining two million of the 5M that was exploited from Osmosis 20M OP tokens sniped from Wintermute Greenidge Generation mined 195 bitcoin in May NYDFS issues stablecoin guidance.

This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: Building the Framework for the Regulation of Digital Assets. Speaking at this session are Julapa Jagtiani, Federal Reserve Bank of Philadelphia, Chelsi Bennet, Block, Kaitlin Asrow, NYDFS, Kara Calvert, Coinbase with Moderator: Dave Grimaldi, Blockchain Association.

Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is down slightly at $42,559 Ethereum is down slightly at $3,243 and Binance Coin is down slightly at $423 New York senate gives more budget to NYDFS for crypto oversight. Motus Capital launches. Coinbase disables Unified Payments Interface in India in the face of regulatory pressure. David Kleiman estate appeals december Craig Wright verdict.

This week's list of top stories in fintech: Amazon is adding a Venmo checkout option next year 80 million US consumers Will be able to use Venmo in checkout next year PayPal will not be a payment option Is payment by crypto coming? Robinhood says a hacker who tried to extort the company got access to data for 7 million customers Data breach happened on Nov 3 No SSN or bank data was shared 5 million email addresses 2 million had full names as well 310 people had more complete data stolen Should stablecoin issuance be confined to FDIC-insured banks? Avanti is applying for FDIC insurance in response to the Biden report on stablecoins NYDFS oversees the top U.S. stablecoin issuers, Circle, Paxos and Gemini. States are creating their own regulatory framework Cato Institute proposed stablecoin issuers be regulated as limited purpose investment companies, overseen by the SEC Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor $450M Series E led by Accel and T. Rowe Price $4.5B valuation up from $1.3B in March Have 12 of the top 15 banks as customers, plus many leading fintech companies Looking to go public in 2023 Ripple to launch crypto service for financial companies amid legal battle with the SEC Ripple launches Liquidity Hub Companies will be able