New York proposes crypto regulations, plans to charge crypto companies

New York proposes crypto regulations, plans to charge crypto companies


AMB Crypto
2022-12-02 14:45:22

The New York State Department of Financial Services (DFS) has presented a proposal to amend state legislation and charge licensed cryptocurrency companies for regulating them. Although it may seem strange, the DFS frequently charges its regulated non-crypto financial organizations for the costs and expenses of keeping watch over them under the Financial Services Law (FSL).