🔥Hot blockchain news is here! Adrienne Harris, director of the New York State Department of Financial Services, issued a statement emphasizing that consumers have the right to a transparent and timely complaint resolution and problem-solving process. 🔍What does this mean?
📢In short, all virtual currency companies licensed in New York State, including our beloved Bitcoin, must analyze requests and complaints received on a quarterly basis and be monitored by the New York State Department of Financial Services. 💼
This is undoubtedly a great protection of consumer rights and a regulation of the virtual currency market. 👍Although we are optimistic about Bitcoin, a rigorous regulatory mechanism is also necessary to ensure fairness and transparency in the market. 🔒
Let us look forward to more blockchain news together, stay tuned, and learn about the latest industry trends! 🚀