Crypto NewsNewsNew York State of the USA Is Bringing New Rules for Bitcoin...

New York State of the USA Is Bringing New Rules for Bitcoin Exchanges to List and Delist Coins!

New York State is imposing new rules on the listing and delisting of cryptocurrencies by companies operating in the city.

Follow Bitcoin Sistemi Google News Button

The New York State Department of Financial Services (NYDFS) is taking steps to increase transparency in the listing and delisting of cryptocurrencies by firms operating in the city.

Department Plans to Introduce New Cryptocurrency Rules

The guidance, published today, outlines crypto companies' expectations and procedures for evaluating cryptocurrency offerings, as well as their criteria for removing a cryptocurrency from their platforms.

NYDFS Superintendent Adrienne Harris emphasized the need for more robust standards on cryptocurrency offerings.

Related News  Watch Out: Crucial Week Ahead, Here are the Economic and Altcoin Events to Follow in the Coming Week

The proposed framework aims to help firms develop specific policies for cryptocurrency listing and delisting.

This marks a significant development as it includes guidance on delisting for the first time.

Harris explained that when a previously approved cryptocurrency is found to carry new risks or be misused, firms must have a structured process for security and stability while protecting consumer interests.

As part of this proposal, New York-registered digital currency companies are required to submit updated cryptocurrency listing and delisting policies. The proposed legislation will be open for public comment until October 20.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

Inline Feedbacks
View all comments

Popular Posts of the Week