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The July 31 petition also seeks restitution and three times alleged gains, while the federal merits remain unresolved. The post New York asks judge to force Kalshi to hand over the names, wagers, and losses of its local bettors appeared first on CryptoSlate.

The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.

The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Circle said Friday that the New York Department of Financial Services (NYDFS) has granted a limited purpose trust charter to its subsidiary, Circle Internet Trust Company LLC. A limited purpose trust charter is issued under New York Banking Law for institutions that do not have the general power to accept deposits or make loans like traditional banks, according to the NYDFS. Instead, charter holders may exercise fiduciary powers and conduct activities such as custodial services, investment management, corporate trust, transfer agency and securities clearance. NYDFS also notes that some applicants seek to engage in virtual currency-related activity. Read more

The CFTC asked a court to stop New York enforcing against the prediction market the day before the state filed.

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws. [Update 11:45 UTC, July 31: Adds Kalshi’s response in the sixth and seventh paragraphs.] New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes. The lawsuit seeks to stop Kalshi’s alleged illegal gambling operation in the state, require the company to forfeit illegal gains, pay restitution to users and pay civil penalties equal to three times those gains. Read more

New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger consumer protections on digital asset platforms. New York Attorney General Letitia James urged Congress to strengthen oversight of cryptocurrency companies, warning that proposed federal legislation could weaken states’ ability to investigate scams and hold platforms accountable. In written testimony submitted Monday to the Senate Permanent Subcommittee on Investigations, James said the Digital Asset Market Clarity Act would override state regulation of digital asset markets and shift oversight to the Commodity Futures Trading Commission. She argued that this would undermine state and local enforcement. According to the attorney general, complaints about crypto scams received by her office have tripled over the past three years, while reported losses totaled nearly $500 million over five years. Read more

According to US Ambassador to France Charles Kushner, his decision is driven less by Mamdani's socialist policies than by what he characterized as hostility toward Jews and Israel. 

Two people were stabbed in New York on Thursday, with police saying that they had arrested a suspect and were evaluating the incident as a possible hate crime. The two victims, who were targeted in separate attacks near Manhattan’s Central Park, were “an Asian male and a Jewish male,” New York City police commissioner Jessica Tisch said on X, adding that they were both hospitalised and “expected to survive”. The New York Police Department (NYPD) arrested the suspect, identified as 51-year-old Raul Morales. “Detectives are continuing to work the case and determine motive, but according to victim and witness statements, Morales yelled ‘Allahu Akbar’ during both attacks,” Tisch said. “The NYPD is currently evaluating whether this is a potential hate crime.” She further said that “at this time, there is no known link between Morales and either of the victims, nor between the victims and each other”. Tisch added that the suspect has no record of psychiatric illness in police records. But New York Mayor Zohran Mamd...

Israeli-American construction workers in New York benefit from some of the strongest workplace injury protections in the US, but understanding their legal rights remains essential.

Orașul New York a fost plasat sub cod roșu din cauza calității aerului și a căldurii extreme, cu două zile înaintea finalei Cupei Mondiale de fotbal 2026, informează cotidianul francez „L'Equipe”. Spania și Argentina își vor disputa titlul suprem duminică, 19 iulie, la ora 22.00.

De rook van honderden natuurbranden in Canada en de Verenigde Staten zorgt voor slechte luchtkwaliteit in de Canadese stad Toronto. Ook steden in het noordwesten van de VS waarschuwen voor de rook, die te ruiken is in New York.

New York has become the first US state to impose a statewide moratorium on large new data centers, creating an early regulatory test for Bitcoin miners that are rebuilding their businesses around artificial intelligence. On July 14, Gov. Kathy Hochul signed an executive order directing state regulators to pause incomplete permit applications for new or […] The post Bitcoin miner AI pivot hits roadblock with New York 50 MW permit freeze appeared first on CryptoSlate.

Un schelet de T-Rex supranumit ”Gus” a fost vândut marţi contra sumei de 50,1 milioane de dolari cu prilejul unei licitaţii organizate de casa Sotheby's la New York, devenind astfel cea mai scumpă fosilă de dinozaur vândută vreodată la licitaţie, informează AFP.

New York became the first US state on Tuesday to halt construction of large new data centres, imposing a one-year moratorium as concerns grow that the facilities driving the artificial-intelligence boom are raising power costs, straining water supplies and burdening local communities. The moratorium positions New York at the forefront of a growing national debate over how to manage the infrastructure needed to support AI. While technology companies are racing to build new data centers, lawmakers and regulators in dozens of states are weighing measures to limit their effect on electricity grids, utility bills and local communities. “As data centre development threatens to hike up utility bills, deplete our natural resources, and create uncertainty for New Yorkers, it’s my responsibility to take action and lead,” said New York Governor Kathy Hochul. She will also pursue legislation to repeal sales tax exemptions for large data centres, Hochul added. The construction ban will apply to data centres that use 50 me...

New hyperscale data centers can't set up shop in New York for up to a year now that Governor Kathy Hochul (D) has signed the nation's first statewide moratorium. But a bill passed by the state legislature that could restrict even more developments still awaits her signature. The order blocks new environmental permits for data […]

New York moratorium highlights US debate over AI data centres’ impact on power grids, bills and communities

Taylor Swift en Travis Kelce hebben meer dan 160.000 dollar (ruim 140.000 euro) betaald voor de beveiliging rond hun huwelijksfeest in New York. Het geld ging onder meer naar een vergunning en de inzet van politie.

De wolkenkrabber in aanbouw in het centrum van Manhattan, die dreigde in te storten, is gestabiliseerd. Dat zei de burgemeester van New York, Zohran Mamdani, woensdag. Eerder waren twee steunpilaren bezweken en werden omliggende gebouwen geëvacueerd en straten afgezet.

Mai multe etaje ale unei clădiri de birouri aflate în construcție din New York s-au deformat marți, 7 iulie, ceea ce a dus la evacuarea mai multor clădiri din apropiere și la închiderea unor străzi.

Meerdere straten in het centrum van Manhattan zijn afgesloten vanwege instortingsgevaar van een wolkenkrabber. Volgens burgemeester Zohran Mamdani van New York blijft het 37 verdiepingen tellende gebouw bewegen. Hij beschreef de situatie als ernstig en heeft een groot gebied om de toren heen afgesloten.