• NYDFS approves yen stablecoin
    Alt coins,  Regulation

    In U.S. first, New York regulators approve yen-backed stablecoin

    With the New York Department of Financial Services’ approval, Japanese IT giant GMO Internet Group will also issue a dollar-backed stablecoin

    The company has been granted a New York State charter to operate as a limited liability trust company by the Department of Financial Services, according to Linda Lacewell, the Superintendent of Financial Services.

  • ErisX ETH futures America
    Cryptocurrencies,  Ethereum,  Regulation

    ErisX brings ETH futures to America

    The crypto derivatives exchange’s physically settled ether futures are the first available to U.S. investors; Binance.US adds OTC desk for large crypto trades

    On May 11, TD Ameritrade-backed cryptocurrency derivatives exchange ErisX announced that it now offers physically settled ether futures contracts to both institutional and retail investors.