CoinDesk

CoinDesk


Former Citi Digital Asset Execs Launch Crypto-Focused Fund

Posted: 09 Apr 2022 12:12 PM PDT

Motus Capital features a trio of former Citi personnel who will employ growth and income-focused crypto investing.

New York Senate Authorizes NYDFS to 'Assess' Crypto Companies

Posted: 09 Apr 2022 11:49 AM PDT

The New York State Senate is boosting the state's Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new "assessment" or charge for the cryptocurrency companies it oversees to bring its oversight mandate in virtual currencies in line with how the regulator oversees more traditional banks and financial services firms.

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