Fidelity Digital Asset Services Now Authorized to Operate Crypto Custody Platform

Fidelity Digital Asset Services, LLC has procured a charter from the New York State Department of Financial Services to operate a virtual currency custody and execution platform.

Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution platform. Read more

Real Estate Magnate Sells New York Condo for $15.3M in Bitcoin

Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin.

Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real Deal on Nov. 1. Read more

Tassat Gets CFTC Approval to Issue Bitcoin Derivatives In US

New York-based fintech Tassat has succeeded in obtaining regulatory approval for the launch of a crypto derivatives exchange.

New York-based financial technology firm Tassat — formerly known as  trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange. Read more

NY Court Orders Veritaseum to Pay Back $8 Million From Illegal ICO

Veritaseum has been ordered to pay an $8 million disgorgement fine for selling unregistered securities by a New York Eastern District Court.

The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable for a civil penalty of $1 million, fintech publication FinanceFeeds reported on Nov. 1, citing a court order issued on Oct. 31. Read more