New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January. “Today’s decision is a win for New Yorkers who depend on check cashers to access their money,” Harris said in...
New York State’s financial watchdog has updated its rules for listing/delisting virtual currency. The New York State Department of Financial Services (NYDFS) on Wednesday (Nov. 15) issued guidance that enhances requirements for listing and listing virtual currencies regulated by the department. According to a department news...
The New York State Department of Financial Services (DFS) has published proposed guidance focusing on virtual coin listing and the general framework for greenlisted coins. This guidance builds upon the original framework issued by DFS in 2020 and clarifies the agency’s expectations regarding coin listing and delisting policies...
A new state banking representative will be serving on the Financial Stability Oversight Council (FSOC). Adrienne A. Harris, superintendent of the New York State Department of Financial Services, will take the role beginning Jan. 1. State supervisors voted in September for Harris to take the...
February 28, 2024
The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its Gemini Earn Program. The decision comes in response to Gemini’s failure to conduct due diligence, the DFS said in a Wednesday press release. “Gemini failed to conduct due diligence on […]
December 07, 2023
New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January. “Today’s decision is a win...
November 15, 2023
New York State’s financial watchdog has updated its rules for listing/delisting virtual currency. The New York State Department of Financial Services (NYDFS) on Wednesday (Nov. 15) issued guidance that enhances requirements...
September 18, 2023
The New York State Department of Financial Services (DFS) has published proposed guidance focusing on virtual coin listing and the general framework for greenlisted coins. This guidance builds upon the original framework issued...
