NEW YORK REGULATOR PLANS TO EASE CRYPTOCURRENCY RULES

Fintech Futures on 26 June reported that the New York State Department of Financial Services (DFS) has proposed a new conditional licensing framework, which will make it easier for cryptocurrency start-ups to set up in the city. It says that, under the proposed framework, crypto hopefuls can collaborate with authorised companies. These companies include existing BitLicense holders or firms with trust charters in the state.

https://www.fintechfutures.com/2020/06/new-york-regulator-plans-to-ease-cryptocurrency-rules/

 

 

 

 

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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