NY Crypto Regulation Takes a Turn as Adrienne Harris Departs
Adrienne Harris is stepping down from her position as the head of the New York Department of Financial Services (NYDFS), and everyone is wondering what this means for crypto regulation in the state. Will Kaitlin Asrow, her successor, keep things as strict as they are now, or will we see a bit of breathing room for crypto businesses? It’s a big question, and the stakes are high for startups and consumers alike.
What Happens After Harris?
Harris was a big deal in shaping New York’s crypto rules, especially with the BitLicense that demands strict compliance from any virtual currency business in the state. Now that she’s leaving, people are curious about whether the NYDFS will stay on its current path or pivot towards a more lenient…