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TechFlow news: New York State Department of Financial Services (NYDFS) Chair Adrienne Harris said Tuesday that the agency will take enforcement actions against crypto companies that fail to comply with regulations.
The NYDFS has already filed enforcement lawsuits against several prominent crypto firms, including Coinbase and Robinhood.
Harris stated that they have reset the tone, clearly defining and emphasizing the importance of rule compliance.
Adrienne Harris, Chair of the New York State Department of Financial Services (NYDFS), said Tuesday that the regulator will take enforcement actions against cryptocurrency companies that fail to comply with regulations. The NYDFS has already brought enforcement lawsuits against prominent crypto firms such as Coinbase and Robinhood. Harris stated that they have reset the tone, clearly defining and emphasizing the importance of rule compliance.
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