New York Department of Financial Services Announces New Guidance for Stablecoins
The New York State Department of Financial Services (DFS) has announced new guidance on dollar-based stablecoins which are issued by firms regulated by the DFS. The guidance does not apply to USD-backed stablecoins listed, but not issued, by DFS-regulated entities. Superintendent Adrienne A. Harris commented… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged adrienne harris, circle, dan burstein, dfs, jeremy allaire, paxos, stablecoins, tether, usdc