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Cryptocurrencies: 30023
Markets: 115897
Market Cap: $2,664,277,938,581     
24h Vol: $58,587,995,714
cryptonews 2023-01-23 15:55:00

New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own

New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own
New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'. The New York State Department of Financial Services (NYDFS) will also require state-regulated firms to disclose how they account for clients' digital currency, Reuters reported Monday, citing Adrienne Harris, the superintendent of NYDFS. ... Read More: New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own
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