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New York launches a fact-finding inquiry into Coinbase, Binance and other exchanges
1 day ago - By Tech Crunch
As cryptocurrencies continued shaking off their April hangover , the state of New York is trying to figure out what to do with this whole coin thing .
On Tuesday, New York Attorney General Eric Schneiderman announced something called the Virtual Markets Integrity Initiative , a state-level effort to examine the policies and practices of the major cryptocurrency exchanges. Schneiderman's office emphasized to TechCrunch that the endeavor is a “a fact-finding inquiry” and not an “investigation” as it's not apparent there is any wrongdoing.
“With cryptocurrency on the rise, consumers in New...
Read more ...Ackman says he supports ADP but puts management on notice
1 day ago - By Reuters
NEW YORK - Billionaire investor William Ackman, who lost a proxy contest at Automatic Data Processing last year, said on Tuesday that he wants the human-resources technology company to succeed but said he might be back with a fight if ADP fails to perform.
Read more ...The owner of the New York Stock Exchange is expanding its crypto tool aimed at Wall Street
1 day ago - By Chron
Thomson Reuters
ICE, the parent of the NYSE, is expanding its bitcoin data product, Lynn Martin, the head of the exchange's data business, told Business Insider.
The so-called Cryptocurrency Data Feed went live in March, and is aimed at institutional trading firms, banks, and hedge funds.
One of the largest exchange operators in the world is diving deeper into crypto.
Intercontinental Exchange Group, the parent company of the historic New York Stock Exchange, is looking to expand its crypto data product, the Cryptocurrency Data Feed, which aims to provide banks, traders, and other Wall...
Read more ...Bitcoin just dropped sharply and suddenly
1 day ago - By Business Insider
Bitcoin fell by more than 2% in a matter of minutes Tuesday afternoon.
The severe drop comes just hours after New York's Attorney General launched an investigation into crypto exchanges.
Follow bitcoin's price in real-time here.
The price of bitcoin tumbled more than 2% in a matter of minutes Tuesday afternoon, just hours after New York's Attorney General Eric Schneiderman announced an investigation into major cryptocurrency exchanges .
It wasn't immediately clear what may have caused the sudden drop, but Schneiderman's letters to 13 major cryptocurrency platforms, including New York-based...
Read more ...Coinbase and other crypto exchanges get probed by New York's Attorney General
1 day ago - By Fast Company
New York Attorney General Eric Schneiderman has launched an investigation into cryptocurrency exchanges in the hopes of providing transparency and accountability to a marketplace that frequently operates in a black box. The AG has sent letters to 13 major virtual currency trading platforms, asking for information about their operations, internal controls, and consumer protections. Platforms...
Read more ...New York wants cryptocurrency exchanges to explain themselves, Winklevoss says he'll comply
1 day ago - By CNBC
The New York State Attorney General's office requested information from 13 cryptocurrency exchanges on Tuesday in an effort to better understand investor risks, a release said.
Read more ...
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