Essentially, Harris is looking to bring virtual currency businesses in line with other regulated financial entities in the state, as FSL did not have a provision for crypto companies when crypto regulation was adopted in New York in 2015.
“Through licensing, supervision and enforcement, we hold companies to the highest standards in the world,” Harris said, adding that “the ability to collect supervisory costs will help the Department continue protecting consumers and ensuring the safety and soundness of this industry.”
Flee!!!!
We don’t want crypto regulation. Caveat Emptor!
wtf is wrong with this country?
The NYPD is cooperating with civilians to enslave and publicize a US citizen, so that a few number of investors in bitcoin can manipulate the price for global users
of course they are.