Posts Tagged ‘USA’

Interview: Former Huobi US Compliance Chief Talks NY Cryptocurrency Exchange Report

Harry Zhou, former general counsel and compliance officer for Huobi US, spoke with CCN about the latest report from New York’s attorney general on cryptocurrency exchanges. Zhou helped set up the legal framework in New York for cryptocurrency exchanges, namely the application and regulations for the BitLicense. He represented Huobi for comments on the BitLicense […]

Cryptocurrency Exchanges Binance, Kraken May Be Operating Unlawfully in New York: AG Report

New York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services potential violation of New York’s virtual currency regulations. The exchanges referred are Binance, Gate.io and Kraken. This was revealed in the Virtual Markets Integrity Initiative Report released by the Office of the New York State […]

New York sues U.S. to stop fintech bank charters

New York state’s top banking regulator has sued the federal government to void its decision to award national bank charters to online lenders and payment companies, saying it was unconstitutional and put vulnerable consumers at risk. Office of the Comptroller of the Currency spokesman Bryan Hubbard said in an email that the regulator, part of the […]

FINRA Takes Down HempCoin Cryptocurrency for Selling Unregistered Securities

The Financial Industry Regulatory Authority (FINRA) has issued its first cryptocurrency-related disciplinary action, charging Timothy Tilton Ayre, a broker in Agawam, MA., with securities fraud and the unlawful distribution of HempCoin, which the agency claims is an unregistered cryptocurrency security. FINFRA has accused Ayre of trying to entice people to invest in Rocky Mountain Ayre […]

CFTC Opens Registration for First Fintech Conference

The U.S. Commodity Futures Trading Commission will host its first-ever fintech conference, Oct. 3-4, at its headquarters in Washington D.C. Registration for the event is now open. The event, dubbed “FinTech Forward 2018: Innovation, Regulation and Education,” will focus on key tech developments within in the financial space and explore the impact these technologies may have on […]

US Regulators Give Update on Crypto Crackdown

The North American Securities Administration Association (NASAA) updated its progress on ICO- and cryptocurrency-related investment product investigations. NASAA, operated by American and Canadian securities regulators, launched “Operation Cryptosweep” in May 2018 to investigate over 200 ongoing cases of ICO- and cryptocurrency-related investment products’ regulatory compliance. Since the operation’s launch, NASAA has issued 46 enforcement actions. […]

Token Fest Boston 2018

Token Fest 2018 is the definitive blockchain conference & expo in the United States. This event brings together industry thought leaders who are pioneering innovative solutions for the token economy. The event is expected to attract 4,000+ attendees, 200+ speakers & 200+ exhibitors making Token Fest one of the largest conference & expositions in the […]

Detroit Fintech Association Hosts Networking Event: ‘It’s A Golden Age Of Investment And Innovation’

The Detroit Fintech Association hosted a networking event Aug. 22 at TechTown Detroit. Roughly 50 fintech professionals attended the networking event such as Aptiv PLC’s Nicole Pettiway and Graduates Unbound’s Andrew Darlington and Matthew Stelmach. In a speed networking fashion, fintech professionals were able to connect with other prominent individuals in 3-minute sessions. Establishing quick […]

FinovateFall – Witness the future of fintech live on stage

FinovateFall returns to New York City for a three-day conference scheduled for September 24-26 (with an add-on Summit Day on September 27). This year’s event will be offering a mixture of curated, fast-paced demos, strategic general sessions and specialized summits, giving more than 1,500 industry executives the insight they need on the latest innovations and major […]

Fintech Eyes Opportunity in $15 Billion Title-Insurance Business

Tech-focused startups are knocking on the door of a $15 billion industry that’s dominated by just four companies: Title insurance. A California regulator, for the first time, gave approval to a tech-focused startup title insurer to operate in the biggest U.S. state by population. States Title Inc. joins newcomers including OneTitle National Guaranty Co. and […]