TechFlow news, according to The Wall Street Journal, the New York State Department of Financial Services (NYDFS) plans to require cryptocurrency companies to adopt new rules for listing and delisting tokens.
These rules will include governance, risk assessment, and monitoring procedures for listings, as well as notification and decision-making processes for delistings. NYDFS will accept public feedback until October 20.
Earlier reports indicated that NYDFS intends to release cryptocurrency listing guidelines, which may prohibit crypto firms from self-certifying and valuing tokens during listings.
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