NYDFS calls for public feedback on proposed crypto regulatory guidance

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NYDFS calls for public feedback on proposed crypto regulatory guidance
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Adrienne Harris, superintendent of the NYDFS, announced proposals aimed at strengthening regulatory requirements for crypto firms in the state.

The New York State Department of Financial Services, or NYDFS, has called on the public to provide feedback to a proposal aiming to strengthen regulatory requirements for crypto firms operating in the state.Superintendent Adrienne Harris had released proposals on guidance for “enhanced criteria for coin-listing and delisting procedures” in addition to a framework"for designating coins or tokens” to the regulator’s greenlist.

“Since joining DFS, I have made it a priority to ensure the Department’s regulatory and operational capabilities keep pace with industry developments to protect consumers and markets,” said Harris. “In less than two years, we’ve built our team to over sixty experienced professionals, created and enhanced consumer and industry safeguards, and engaged with policymakers around the world.”

NEW: Superintendent Harris Announces Update on Two-Year Transformational Initiative to Strengthen NYDFS’ Nation Leading

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