Progress

Current status
in force
31 Jan 2024 in force
15 Nov 2023 adopted
20 Oct 2023 processing consultation
18 Sep 2023 in consultation

Scope

Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
subnational

Timeline of events

31 Jan 2024
in force

Implemented updates to the Guidance Regarding Listing of Virtual Currency

On 31 January 2024, the New York State Department of Financial Services guidance regarding the listing of virtual currency entered into force. The guidance includes increased risk assessment standards and requirements regarding the delisting of coin…

Event type order
Action type implementation
Government branch executive
Government body central government
15 Nov 2023
adopted

Adopted updates to the Guidance Regarding Listing of Virtual Currency

On 15 November 2023, the New York State Department of Financial Services adopted the updates to the guidance regarding the listing of virtual currency after changes made following the consultation. The guidance includes increased risk assessment sta…

Event type order
Action type adoption
Government branch executive
Government body central government
20 Oct 2023
processing consultation

Closed consultation on Updates to Guidance Regarding Listing of Virtual Currency

On 20 October 2023, the New York State Department of Financial Services closed the consultation on its updates to guidance regarding the listing of virtual currency. The guidance includes increased risk assessment standards and requirements regardin…

Event type order
Action type consultation closed
Government branch executive
Government body central government
18 Sep 2023
in consultation

Opened consultation on Updates to Guidance Regarding Listing of Virtual Currency

On 18 September 2023, the New York State Department of Financial Services published a draft of its updates to guidance regarding virtual currency listing and opened a consultation on it until 20 October 2023. The guidance includes increased risk ass…

Event type order
Action type consultation opened
Government branch executive
Government body central government