The New York financial regulator is rumored to be accepting of the RLUSD stablecoin The New York Department of Financial Services (NYDFS) is reportedly set to approve Ripple Labs’ RLUSD stablecoin, an overcollateralized dollar-pegged digital currency. Sources suggest the green light from the regulator could come in the first days of December, potentially paving the
The bankrupt company will have to figure out how to make the payments to avoid further legal issues The New York State Department of Financial Services (NYDFS) and Gemini cryptocurrency exchange have reached a deal that requires Gemini to return at least $1.1 billion to clients of its Gemini Earn Program via the cryptocurrency company’s
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