TechFlow news, May 14 — According to CoinDesk, Adrienne Harris, Superintendent of the New York State Department of Financial Services (NYDFS), said at the Consensus 2025 Toronto Summit that despite its rigorous application process, New York's cryptocurrency licensing regime, BitLicense, remains a global benchmark for regulatory standards.
Harris emphasized that the effectiveness of the regime has been proven, successfully preventing later-collapsed firms such as FTX, Voyager, and Celsius from operating in New York State.




