🚀 **Crypto Regulation Update: NYDFS Advocates for State Roles Amid Federal Legislation Talks**

Hey crypto enthusiasts! 🪙 At the Digital Asset Compliance and Market Integrity Summit in Manhattan, NYDFS Superintendent Adrienne Harris emphasized the importance of federal legislation for cryptocurrencies but insisted that states should continue their regulatory roles.

Key Points:

- Harris welcomes federal crypto laws but stresses states' quick adaptability.

- NY's BitLicense, nearly a decade old, has inspired global regulatory frameworks.

- NYDFS boasts a robust crypto unit with 60 full-time staffers.

- Harris is optimistic about legislative progress in Congress.

What are your thoughts on state vs. federal regulation? Drop your comments below! 👇