New York


Markets

Biggest Loser of NYC Election Polymarket Contract Is Down Almost $1M Betting Against Mamdani

‘fuxfux007’ lost nearly $969,169 making a bold bet against New York City mayoral candidate Zohran Mandami.

Zohran Mamdani at the Resist Fascism Rally in Bryant Park on Oct 27th 2024 (Wikimedia Commons)

Finance

Swiss Crypto Infrastructure Firm Taurus Expands to U.S. With New York Office

With clearer regulation and growing institutional demand, Taurus is expanding its footprint to serve U.S. financial giants from New York.

New York Skyline

Policy

Prediction Market Kalshi Sues New York Regulator Over Sports Contracts Ban

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state interference would fragment the system.

Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)

Policy

NYDFS Chief Harris to Leave New York Regulator Next Month

Adrienne Harris, who took office in 2021, will leave the New York Department of Financial Services on Oct. 17.

CoinDesk

Advertisement

Policy

Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion

The digital asset platform is now regulated in the U.S., Germany, Hong Kong and Gibraltar.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Markets

NYC Comptroller Slams Mayor Eric Adams' Bitcoin Bond Plan as 'Fiscally Irresponsible'

Brad Lander criticized Mayor Eric Adams' proposed "BitBond," saying it could jeopardize NYC’s credit reputation

New York written on a building (Nik Shuliahin/Unsplash)

Finance

Trump-Family Backed World Liberty Gets $25M Investment From DWF Labs


DWF Labs opened a New York office and invested in World Liberty Financial, backing its stablecoin USD1 and decentralized finance growth

DWF Labs managing partner Andrei Grachev (LinkedIn)

Policy

NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says

NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.

New York Department of Financial Services Superintendent Adrienne Harris (Nik De/CoinDesk)

Advertisement

Policy

NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

NovaTech’s founders Cynthia and Eddy Petion allegedly preyed on Creole-speaking church-goers and advertised their scheme as a way to gain “freedom from the plantation.”

New York Attorney General Letitia James (Michael M. Santiago/Getty Images)

Finance

Crypto Custody Tech Firm Fireblocks Seeks New York-Regulated Trust Company

The firm also convening a crypto custodian partner program with a starting line up of companies from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.

Fireblocks sign at Miami airport during Bitcoin Miami conference 2022 (Danny Nelson/CoinDesk)