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New York Proposes Guidance for Regulated Virtual Currency Licensees

January 23, 2020 By Consumer Finance Team

A&B ABstract Since the New York Department of Financial Services (“NYDFS”) finalized regulations for virtual currency firms in 2015, several regulated virtual currency licensees (“Licensees”) have sought permission to issue new virtual currencies (i.e., coins) in addition to those included in their initial license applications. On December 11, 2019, NYDFS issued Proposed Guidance in response […]

Filed Under: Fintech, Licensing, State Law Tagged With: #NYDFS, #virtualcurrency

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