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BitLicense

NYDFS to charge digital asset firms for supervision
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19 April, 2023

NYDFS to charge digital asset firms for supervision

First proposed in December, the new regulation was adopted this week and allows the New York Department of Financial Services...
‘Segregate customer assets,’ New York financial regulator warns
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24 January, 2023

‘Segregate customer assets,’ New York financial regulator warns

Under the latest New York Department of Financial Services guidance, custodians are required to "separately account for and segregate customer...
In wake of FTX collapse, New York financial regulator wants its digital asset licensing regime adopted nationally
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17 November, 2022

In wake of FTX collapse, New York financial regulator wants its digital asset licensing regime adopted nationally

NYSDFS' Harris claims that New York's regulatory initiatives on digital assets and related products proved to be effective in safeguarding...
California governor vetoes state’s ‘BitLicense’ bill, calls it premature
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28 September, 2022

California governor vetoes state’s ‘BitLicense’ bill, calls it premature

Gov. Gavin Newsom nixed the bill, which would have created a licensing regime for VASPs similar to New York’s BitLicense,...
California lawmakers pass state’s ‘BitLicense’ clamping down on stablecoins
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3 September, 2022

California lawmakers pass state’s ‘BitLicense’ clamping down on stablecoins

The bill was passed by the state’s Senate and the Assembly this week and heads to the governor’s desk, who...
New York Department of Financial Services releases stablecoin guidance
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13 June, 2022

New York Department of Financial Services releases stablecoin guidance

The DFS says the guidance should act as the baseline set of requirements that companies within New York State that...
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