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New York To Ease Cryptocurrency Regulations

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It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. Once licensed by DFS, the program can support virtual currency firms. DFS is requesting public comment on this proposed framework by August 10th.

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New York To Sunbelt State Tourists: Stay Home

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With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. New York Gov. Andrew Cuomo, New Jersey Gov. Phil Murphy and Connecticut Gov.

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Related Cos. CEO Calls For Workers To Come Back To New York City

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Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the CEO of major Big Apple landlord Related Cos. They need to come back to New York [for] two reasons … one is to go to school, and to go the other is to work.". Related Cos.

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Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations

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In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations. Plus, California seeks a court order to make Uber and Lyft classify drivers as employees. Wirecard Files For Insolvency, Seeks Court Protection.

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New York Gyms Get OK To Reopen Next Week

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Cuomo also chided “quote ‘experts’” who advised against reopening New York establishments due to the risk of a COVID-19 surge. “We New Yorkers did what they said couldn’t be done because that’s what New Yorkers do.”. Shares in Planet Fitness jumped on the news and were up 1.7 percent as of 1:49 p.m.

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Credit Card Surcharges OK’ed In New York

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New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front.

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New York To Limit The Number Of Event Attendees Amid Coronavirus

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As New Jersey and New York limit the number of people at events because of COVID-19 fears, the governor of New York said meetings of over 500 individuals would not be allowed following Friday evening with some exclusions. A press release from the SXSW website read, “We are devastated to share this news with you.

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