Dfs news and trends

NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
Cryptocurrency // 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 by DFS in 2020 and clarifies the agency’s expectations regarding coin listing and delisting policies...

NYDFS Proposes Charging Virtual Currency Businesses Admin Costs
Cryptocurrency // 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...

First American Title Accused Of Exposing Millions Of Customers’ Personal Data
Security & Fraud // July 22, 2020

First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions of its customers.   The New York State Department of Financial Services (DFS) filed charges on Wednesday (July 22) against...

New York To Ease Cryptocurrency Regulations
Cryptocurrency // 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 Services (DFS), which supervises 1,500 banks and financial institutions and more than 1,400 insurance companies,...

Quick Reads
NYDFS Issues Rules for Virtual Currency Listing and Delisting

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 for listing and listing virtual currencies regulated by the department. According to a department news release, Wednesday’s move updates a previous framework issued by the […]

NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins

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...

NYDFS Proposes Charging Virtual Currency Businesses Admin Costs

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...

First American Title Accused Of Exposing Millions Of Customers’ Personal Data

July 22, 2020
First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions of its customers.   The...