News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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NYDFS and BoE Launch Key Initiatives to Advance Financial Innovation and Crypto Regulation
The New York Department of Financial Services (NYDFS) and the Bank of England (BoE) have announced impactful initiatives aimed at…
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New York Financial Regulator Appoints Kenneth Coghill to Lead Virtual Currency Unit
New York’s financial regulator has appointed Kenneth Coghill, a former official from Dubai’s financial regulator, to help oversee its virtual…
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Genesis Settles with NYDFS: Forfeits BitLicense and Pays $8M Fine
Genesis Global Trading, a subsidiary of Digital Currency Group (DCG), a prominent cryptocurrency conglomerate, has come to an agreement with…
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Judge Merges Multiple Lawsuits Accusing Silvergate Bank of Collusion with FTX Exchange
On April 19th, United States District Judge Jacqueline Scott Corley decided to consolidate three investor lawsuits against the now-defunct crypto…
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Binance Faces Large Withdrawals and Token Burns Following Regulatory Woes of Paxos
In the past 24 hours, investors seem to be concerned about regulatory measures against Paxos and its stablecoin Binance USD…
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Paxos, BUSD and USDP Issuer, Under Investigation by New York Financial Authorities
The New York Department of Financial Services (NYDFS) is initiating an inquiry into Paxos, the issuer of BUSD and USDP…
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