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NYDFS Chief Warns Rule-Breakers, Regulatory Storm Approaches
December 5, 2023 - Around 3 mins mins to read
Key Points:
- NYDFS Superintendent Adrienne Harris issues stark warning, imposes hefty fines on Coinbase and Robinhood.
- Binance unprecedented deal intensifies focus on illicit finance within the crypto realm.
- European Union enforces comprehensive rules, while experts discuss the need for global crypto standards.
Superintendent Adrienne Harris of the New York State Department of Financial Services (NYDFS Chief ) asserted that the agency is unafraid to wield enforcement actions against crypto companies found flouting established rules.
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