Tag: DFS

Coinbase adds Stellar Lumens (XLM) on its professional trading platform
October 24, 2018 BY Valentina Kirilova

DFS authorizes Coinbase Global to form Coinbase Custody Trust Company LLC

Financial Services Superintendent Maria T. Vullo has just announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase Custody Trust Company LLC, a wholly-owned subsidiary of Coinbase Global, Inc., to operate as a limited purpose trust company. Coinbase Inc. has held Money Transmitter and Virtual Currency licenses from…

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December 29, 2016 BY Valentina Kirilova

New York State DFS issues updated proposed cybersecurity regulation protecting consumers and financial institutions

Financial Services Superintendent Maria T. Vullo announced that the New York State Department of Financial Services (DFS) has updated its proposed first-in-the-nation cybersecurity regulation to protect New York State from the ever-growing threat of cyber-attacks. The proposed regulation, which will be effective March 1, 2017, will require banks, insurance companies, and other financial services institutions…

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May 05, 2016 BY Maria Nikolova

New York DFS authorizes Gemini Trust Company to offer Ether trading

Governor Andrew M. Cuomo today announces that the New York State Department of Financial Services (DFS) has granted authorization Gemini Trust Company, LLC to offer the trading of Ether, an emerging cryptocurrency, on its virtual currency exchange based in New York City. As a limited purpose trust company chartered under New York State Banking Law,…

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March 29, 2016 BY Maria Nikolova

Celeste Koeleveld joins New York DFS as General Counsel

The New York Department of Financial Services (DFS) today announces the appointment of Celeste Koeleveld as General Counsel. Ms. Koeleveld will lead DFS’s Office of General Counsel and will be responsible for all legal matters in the agency, reporting directly to the Superintendent. Ms. Koeleveld brings 25 years of experience in significant positions in public…

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November 10, 2015 BY Maria Nikolova

NY financial regulator considers increased cyber security defenses

Shortly after the National Futures Association (NFA) announced that it will tighten the requirements regarding cyber security for all of its members, including Forex brokers, another US regulator is considering new cyber security requirements. The New York State Department of Financial Services (NYDFS) has sent an official letter to Financial and Banking Information Infrastructure Committee (FBIIC)…

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