New York Mandates Stronger Fraud Controls for Crypto Companies

Coindesk --------- The New York State Department of Financial Services (NYDFS) is pushing for companies that offer cryptocurrency services in the state to beef up their protective measures against fraud and market manipulation. In a Wednesday statement, the office – which several years ago developed the BitLicense regulatory framework – released new guidance for firms, including those that have been issued either a BitLicense or a money transmission by the state. To learn more click on the picture below to read the article.