NYDFS proposes regulation to assess costs of ‘supervision and examination’ for licensed crypto firms

by Aurelia Butler 1 December 2022, 22:00 179 Views

In a Dec. 1 announcement, NYDFS Superintendent Adrienne Harris opened the proposed budget measure for public comment. The regulation, if approved, would grant the department the authority to assess costs for the supervision and examination of firms operating in the state with a BitLicense — a requirement for crypto companies since 2015.

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Source: Cryptocurrency - investing.com

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NYDFS proposes regulation to assess costs of ‘supervision and examination’ for licensed crypto firms

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