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New York Senate Authorizes NYDFS to 'Assess' Crypto Corporations

by Crypto News Bay
April 9, 2022
in Altcoin
Reading Time: 1 min read
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The New York State Senate is boosting the state’s Division of Monetary Companies (NYDFS) efforts to supervise the cryptocurrency sector. The Senate handed its fiscal yr 2023 price range early Saturday, which included a provision tasking NYDFS with creating a brand new “evaluation” or cost for the cryptocurrency corporations it oversees to convey its oversight mandate in digital currencies according to how the regulator oversees extra conventional banks and monetary providers companies.



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