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New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own

New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'. The New York State Department of Financial Services (NYDFS) will...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own
New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'.
The New York State Department of Financial Services (NYDFS) will also require state-regulated firms to disclose how they account for clients' digital currency, Reuters reported Monday, citing Adrienne Harris, the superintendent of NYDFS. ...
Read More: New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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