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More stringent New York crypto regulation could be coming
The New York Department of Financial Services on Monday raised the bar for exchanges listing and delisting tokens, raising the spectre of more stringent crypto regulation coming at the state level. Why it matters: New York's crypto licensing regime has a reputation for being amongst the most stringent — critics have said it's thwarted crypto business growth there, advocates say it could've prevented major catastrophes like FTX. What's happening: New guidance and processes from the state detail how crypto firms are expected to evaluate coin offerings before they are adopted, based on the agency's previously provided ... (full story)
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- Posted: Sep 18, 2023 1:36pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 65
