NYDFS Chief Supports Both Federal and State Roles in Crypto Regulation đŸ›ïž

Adrienne Harris, Superintendent of the New York Department of Financial Services (NYDFS), emphasized the importance of both federal and state roles in cryptocurrency #regulation during a digital asset conference in Manhattan.

While welcoming federal legislation, she stressed the need for states to maintain a regulatory presence. She highlighted the success of New York’s #BitLicense , which has evolved over nearly a decade and influenced global frameworks.

Harris expressed #optimism about forthcoming federal laws and noted NYDFS’s large crypto department, which has seen growing public acceptance of its regulations.

If you enjoy my content, feel free to tip me ❀

#Binance

#crypto2024