The New York State Department of Financial Services granted a charter to GMO-Z.com Trust Company Inc. to issue, administer and redeem U.S. Dollar- and Japanese Yen-pegged stablecoins.

New York Attorney General Letitia James highlighted actions taken to protect consumers during the pandemic, lawsuits against Big Tech and enforcement efforts to combat fraud and money laundering.

In a "farewell statement," departing SEC Enforcement Director Stephanie Avakian reviewed the Division's track record during the past four years.

A California-based provider of secure digital wallet management services settled its potential civil liability for alleged violations of numerous sanctions programs.