NYDFS

The agency should consider exempting some registered cryptocurrency exchanges from state money transmission laws.

The agency should consider exempting some registered cryptocurrency exchanges from state money transmission laws.

A startup called Spring Labs has launched a blockchain network with the goal of getting lenders and data providers to share data to help verify customers' identity.

New York's banking regulator has asked Deutsche Bank and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter.

The state's banking regulator, Maria Vullo, said in a legal filing that the Tokyo lender's request last year to shift regulators — trading its state license for a federal one — was granted arbitrarily and unlawfully.

The blockchain startup continues to pack its board with mainstream finance experts.

The dismissal of a lawsuit challenging the creation of a fintech charter gives the agency more time to refine its policy, but the court ruling may set up future legal challenges.

A district court judge said the state’s suit against Office of the Comptroller of the Currency is premature because the agency has not finalized its fintech charter nor has any firm applied for it.

Japan’s bitFlyer is expanding to the American market, even as U.S. banks remain wary of cryptocurrencies.

The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules.