Digital Policy Alert logo

United States of America: Implemented updates to the Guidance Regarding Listing of Virtual Currency

Policy overview

Description

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…

Scope

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

Complete timeline of this policy change

Hide details
2023-09-18
in consultation

On 18 September 2023, the New York State Department of Financial Services published a draft of its …

2023-10-20
processing consultation

On 20 October 2023, the New York State Department of Financial Services closed the consultation on …

2023-11-15
adopted

On 15 November 2023, the New York State Department of Financial Services adopted the updates to the…

2024-01-31
in force

On 31 January 2024, the New York State Department of Financial Services guidance regarding the list…