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Blockchain firm Ripple has announced the acquisition of Money Transmitter Licenses (MTLs) in New York and Texas as the company seeks to expand its domestic footprint in the United States. Ripple noted that the new licenses align with a period of growing demand in both states for compliant, real-time global payment solutions, the company said in a statement on January 27. “We’re continuing to see more interest from financial institutions to crypto businesses that want to unlock the benefits of crypto and blockchain for faster, cost-efficient and 24/7 cross-border payments. <…> Ripple is well-positioned to support companies who are ready to take advantage of the current landscape,” said Joanie Xie, Managing Director of North America at Ripple. Picks for you Key gold price levels to watch this week 2 ...

KuCoin was the latest crypto exchange to agree on fines with New York regulators as the state cracked down on non-compliant service providers. The Seychelles-based digital asset trading venue will pay $22 million as part of a settlement with the state of New York over a lawsuit alleging commodities and securities violations.  The settlement included $5.3 million in penalties paid directly to New York and $16.7 million worth of crypto reimbursements to some 177,800 resident investors. Additionally, KuCoin has agreed to shutter all its state operations completely.  Despite the news, KuCoin’s exchange token KCS saw double-digit gains, trading over $13.30 at press time. The token was a top gainer on Dec. 12, as reported by crypto.news. KCS up double-digits in 24 hours | Source: CoinMarketCap You might also like: CoinGecko reports top CEXs, Kucoin falls out of top 10 New York’s crackdown on KuCoin and crypto In March, New York Attorney General Letitia James sued K...