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NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs

NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs

Julie Henderson by Julie Henderson
December 5, 2022
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Only crypto companies with a BitLicense – a special business license granted by NYDFS that allows firms to business in New York – will be subject to the assessments. Just 22 companies currently hold a BitLicense, which is notoriously difficult to obtain, and only three have been issued this year.



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Tags: AllowingchargecompaniesCostsCryptoNYDFSProposesregulationSupervisionYork
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