New York State

New York Dept of Financial Services Fines Robinhood Crypto $30M
New York Dept of Financial Services Fines Robinhood Crypto $30M
The New York State Department of Financial Services fined Robinhood’s cryptocurrency trading unit $30 million for alleged violations of anti-money-laundering and cybersecurity...
New York Dept of Financial Services Fines Robinhood Crypto $30M

What a Mining Moratorium Could Really Mean for New York’s Crypto Industry
What a Mining Moratorium Could Really Mean for New York’s Crypto Industry
Perianne Boring, Chamber of Digital Commerce CEO, discusses the potential implications for crypto mining after the New York State Senate greenlit a two-year crypto mining mora...
What a Mining Moratorium Could Really Mean for New York’s Crypto Industry

NY Governor Hochul Expected to Sign Bitcoin Mining Moratorium
NY Governor Hochul Expected to Sign Bitcoin Mining Moratorium
The New York State Senate passed a bill last Friday targeting proof-of-work (PoW) mining that now moves on to Governor Kathy Hochul for consideration. BaSIC President Clark Va...
NY Governor Hochul Expected to Sign Bitcoin Mining Moratorium

New York Senate Passes Bitcoin Mining Moratorium, Citing Environmental Concerns
New York Senate Passes Bitcoin Mining Moratorium, Citing Environmental Concerns
The New York State Senate passed a bitcoin mining moratorium, banning proof-of-work (PoW) mining operations powered by carbon-based energy sources for two years. CoinDesk’s Ma...
New York Senate Passes Bitcoin Mining Moratorium, Citing Environmental Concerns

Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin
Miners are facing new headwinds amid the market downturn. Riot Blockchain (RIOT) is unloading more than half of the bitcoin it mined in May. Separately, the New York State Sen...
Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin

Bitcoin Miners Giving Up on New York Amid Regulatory Uncertainty
Bitcoin Miners Giving Up on New York Amid Regulatory Uncertainty
New York’s bitcoin mining companies are increasingly considering abandoning their aspirations in what was once a promised land. This comes as the state’s Senate considers a bi...
Bitcoin Miners Giving Up on New York Amid Regulatory Uncertainty

NY State Gov. Kathy Hochul's DFS Nominee Moves Closer to Confirmation
NY State Gov. Kathy Hochul’s DFS Nominee Moves Closer to Confirmation
The New York Senate’s finance and insurance committees convened Tuesday to hold confirmation hearings for Adrienne Harris, the acting Superintendent of the New York Department...
NY State Gov. Kathy Hochul's DFS Nominee Moves Closer to Confirmation

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New York State Senate Approves Watered-Down Bill Targeting Bitcoin Mining Emissions
The bill, which originally sought to freeze all “cryptocurrency mining centers” in New York for up to three years, heads to the Assembly with a more tailored focus.
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Blockchain Bills Are Advancing in the New York State Senate – Here's Why
Now in its second year, the New York State Senate's Internet and Tech Committee has approved two blockchain bills, which now go to the full Senate for a vote.
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