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Ripple Swell: NYDFS Superintendent Adrienne Harris speaks on crypto regulation
16.10.2024
The eighth edition of Ripple’s Swell Conference began in Miami, Florida, today. The event spearheads the gathering of…
NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’
15.10.2024
Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.
Genesis Global Trading Settles With New York for $8M Over Regulatory Non-Compliance, Forfeits Bitlicense
12.1.2024
According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will forfeit its New York state Bitlicense as part of the agreement over compliance failures. Adrienne Harris, the DFS Superintendent said Genesis...
NYDFS Not Afraid to Take Legal Actions Against Defaulting Crypto Companies: Superintendent Harris
5.12.2023
Source: YouTube/Financial Technology Association The momentum of cryptocurrency regulation in the United States continues to intensify, with the New York Department of Financial Services (NYDFS) asserting its readiness to call out defaulting businesses. Speaking at a Financial Times (FT) event...
Regulators Not Afraid Take Action Against Crypto Rule Breakers, NYDFS Chief Says
5.12.2023
The regulator has brought enforcement actions against Coinbase and Robinhood
NYDFS Releases New Guidelines on Listing and Delisting Crypto on Trading Platforms
16.11.2023
Source: NYDFS The New York State Department of Financial Services (NYDFS), the authority that supervises and regulates activities of financial institutions in the State of New York, has released a guidance that regulate the listing and delisting of cryptocurrencies. The updated guidance, named...
US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’
28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...
NY Financial Regulator Adopts Virtual Currency Assessment Rule
17.4.2023
The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision
NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
5.4.2023
Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the New York Department of Financial Services (NYDFS), who called the idea “ludicrous.”
Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
14.3.2023
The New York Department of Financial Services denied that Signature Bank was shut down for crypto-related reasons, instead saying the bank's leadership did not provide reliable information about its operations over the past weekend
NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout
13.3.2023
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department,...
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations
4.1.2023
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said compliance problems were detected and the exchange’s...