NY Financial Regulator Adopts Virtual Currency Assessment Rule

“As the primary prudential regulator of digital forex within the nation, New York has created a framework that units the very best requirements for security, soundness, and client safety whereas fostering accountable development,” NYDFS Superintendent Adrienne Harris stated. “This regulation gives the division with further instruments and sources to control the digital forex business now and sooner or later as innovators create new merchandise and use instances for digital belongings.”