A New York regulator has proposed charging licensed cryptocurrency businesses for its costs. The New York State Department of Financial Services (DFS) said in a Thursday (Dec. 1) press release that the collection of these supervisory costs would be similar to what is done with...
It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The New York State Department of Financial Services (DFS), which supervises 1,500 banks and financial institutions and more than 1,400 insurance companies,...
The New York Department of Financial Services (DFS) has announced that Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), has been named special policy advisor to DFS Superintendent Linda Lacewell, according to a release. English worked under former CFPB Director...
Fidelity Digital Asset Services (FDAS) has been granted a charter by the New York State Department of Financial Services (DFS) under New York Banking Law, allowing it to operate as a limited liability Trust Company as part of the state’s rapidly growing virtual currency marketplace....
December 01, 2022
A New York regulator has proposed charging licensed cryptocurrency businesses for its costs. The New York State Department of Financial Services (DFS) said in a Thursday (Dec. 1) press release that the collection of these supervisory costs would be similar to what is done with other licensed financial institutions in the state and would enable […]
June 25, 2020
It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The New York State Department of Financial...
January 15, 2020
The New York Department of Financial Services (DFS) has announced that Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), has been named special policy advisor...
November 21, 2019
Fidelity Digital Asset Services (FDAS) has been granted a charter by the New York State Department of Financial Services (DFS) under New York Banking Law, allowing it to operate as...