State Comptroller Thomas DiNapoli is sounding the alarm on what could be the biggest state budget gaps since the 2009 ...

Paxos applied for a US national trust bank charter, seeking federal regulatory oversight from OCC as it expands its digital ...

State lawmakers approved a $254 billion budget for next year. Medicaid spending rose to more than $112 billion, about 44% of the total budget. The increase comes as Gov. Kathy Hochul (D-NY) has said ...

New York State Department of Financial Services Superintendent Harris announced that Paxos Trust Company will pay a $26.5 ...

NYDFS secures $48.5M settlement with Paxos over AML failures in Binance partnership allowing $1.6B illicit transactions.

Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police ...

Paxos has reached a $48.5 M NYDFS settlement after weak monitoring of flows linked to Binance, missing $1.6 B in risky ...

The New York Department of Financial Services has reached a financial settlement with crypto company Paxos over its ...

Paxos worked with Binance to issue Binance USD, but didn't do sufficient due diligence, New York's top financial regulator said.

While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no ...

The New York State Fair ended its most recent fiscal year with its strongest financial showing in a decade. The $10.6 million balance it carries into this year is $4 million more than last year’s, ...