NYDFS launches exchange program with Bank of England on crypto expertise — TradingView News
New York Department of Financial Services (NYDFS) Superintendent Adrienne Harris announced an exchange program that will allow the regulator to learn more about how foreign agencies handle issues with emerging payments and digital assets.
In a Jan. 13 notice, Harris said the Transatlantic Regulatory Exchange (TRE) would begin with an exchange of senior staff experienced with digital assets between the NYDFS and Bank of England. According to the NYDFS superintendent, the program was “critical for regulatory harmonization.”
Exchanges with the TRE program, beginning with the Bank of England in February, will last a minimum of six months. According to Harris, any participants would be expected to return to New York with additional…