Industry Letter - November 15, 2023: Guidance Regarding Listing of Virtual Currencies | TO: All Virtual Currency Business Entities Licensed under 23 NYCRR Part 200 or Chartered as Limited Purpose Trust Companies under the New York Banking Law
Finally, FTX and STX have been clarified. If there was ever conflicts, now there is guidance to try and avoid conflicts. No word of NYCCoin, but at least there is new regulatory guidelines from the world’s preeminent crypto regulator famous for ethics and women's rights. ---- https://www.dfs.ny.gov/industry_guidance/industry_letters/il20231115_listing... Introduction In 2015, the New York State Department of Financial Services (the “Department” or “DFS”) issued its virtual currency regulation, 23 NYCRR Part 200, under the New York Financial Services Law. Since 2015, DFS has served as the prudential regulator overseeing virtual currency business activity in New York, granting both virtual currency licenses under Part 200 (“BitLicenses”) and limited purpose trust company charters, to ensure that New Yorkers have a well-regulated way to access the virtual currency marketplace and that New York remains at the center of technological innovation and forward-looking regulation.
participants (1)
-
Gunnar Larson