Coinbase must face customer lawsuit in New York: Judge
A U.S. judge has ruled that crypto exchange Coinbase must face a class action lawsuit filed by customers in New York, Reuters has reported. The lawsuit alleges that Coinbase illegally sold securities and that it acted as a direct seller. In a ruling delivered on Feb. 7, U.S. District Judge Paul Engelmayer rejected Coinbase’s argument […]
Ripple scores New York and Texas money transmitter licenses
Ripple was awarded financial licenses in New York and Texas, allowing the firm to extend its payment services to more U.S. users. Blockchain payment giant Ripple (XRP) reportedly obtained Money Transmitter Licenses in New York and Texas as firms prepared for a crypto-friendly regulatory regime under President Donald Trump. The news, first reported by The […]
Bitcoin miner Greenidge Generation wins legal battle in New York
Greenidge Generation Holdings Inc. will continue operating its Dresden, New York, facility following a legal victory against the state’s Department of Environmental Conservation. According to a Nov. 14 press release, the New York Supreme Court ruled in favor of Greenidge, overturning the Department of Environmental Conservation’s denial of a Title V Air Permit. Judge Vincent […]
