New York orders crypto lenders to close operations in state

The unnamed firms must shut down because they lack securities registration, according to an order issued by state Attorney General Letitia James. Her office asked three other cryptocurrency-related companies to submit detailed explanations of their business models.

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.