New York

NYC Airbnb Hosts Scrub Listings Ahead of New Rules
NYC Airbnb Hosts Scrub Listings Ahead of New Rules
August 22, 2023  |  Real Estate

Finding an Airbnb in New York City is getting more challenging. That’s because hosts are scrubbing listings to comply with a city-imposed deadline, while the...

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NY Regulator Wants to Rein in ‘Abusive’ Prescription Drug Pricing
NY Regulator Wants to Rein in ‘Abusive’ Prescription Drug Pricing
August 16, 2023  |  Regulation

New York’s financial regulator wants to regulate the companies that help set prescription drug costs. The New York Department of Financial Services (NYDFS) announced Wednesday...

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NY Fed: Digital Dollar Could Improve Cross-Border Payments
NY Fed: Digital Dollar Could Improve Cross-Border Payments
July 06, 2023  |  CBDC

The New York Federal Reserve said a digital dollar could improve cross-border and domestic payments. That’s according to the results of a test by the Fed’s New...

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NY State Attorney General Proposes Legislation to Regulate Crypto Industry
NY State Attorney General Proposes Legislation to Regulate Crypto Industry
May 05, 2023  |  Regulation

New York State Attorney General Letitia James has proposed legislation to regulate the cryptocurrency industry. The Crypto Regulation, Protection, Transparency and Oversight (CRPTO) Act would...

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NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
April 19, 2023  |  Cryptocurrency

According to New York’s financial regulator, the best system for regulating stablecoins already exists. Testifying before the House Financial Services Committee Wednesday (April 19), New...

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CoinEx Taking ‘Active Steps’ to Address NY AG Crypto Lawsuit
CoinEx Taking ‘Active Steps’ to Address NY AG Crypto Lawsuit
February 23, 2023  |  Cryptocurrency

CoinEx says it is taking measures to address claims it’s operating illegally in New York. The crypto exchange made that announcement Thursday (Feb. 23), one day...

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NY Attorney General Questions Reliability, Safeguards Around Facial Recognition
NY Attorney General Questions Reliability, Safeguards Around Facial Recognition
January 25, 2023  |  Identity

Facial recognition technology and its uses are in the spotlight in New York. New York Attorney General Letitia James is asking Madison Square Garden (MSG)...

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NYDFS Slaps Cap on Check Cashing Fees
NYDFS Slaps Cap on Check Cashing Fees
January 19, 2023  |  Regulation

Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations...

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NYDFS Says Crypto Activities by Financial Institutions Need Their Approval First
NYDFS Says Crypto Activities by Financial Institutions Need Their Approval First
December 15, 2022  |  Cryptocurrency

A New York regulator has reiterated that financial institutions need prior approval for cryptocurrency activities. The New York Department of Financial Services (DFS) released guidance...

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