The post New York NYDFS Tough Rules for Coin Listings and Delisting! appeared first on Coinpedia Fintech News
New York’s Department of Financial Services (NYDFS) has issued new framework guidance for cryptocurrency firms operating in the state. The guidance requires regulated crypto companies to submit a firm-specific coin listing policy and seek approval from the regulator before listing or offering custody for a coin, unless it is already on the regulator’s pre-approved “greenlist”. The move is aimed at increasing transparency and ensuring proper due diligence by crypto companies, according to NYDFS. This framework guidance was first introduced in 2020.
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks