New York State Department of Financial Services issues stricter guidance for cryptocurrency listing and delisting.
BlockBeats news, November 16th. According to a report by CoinDesk, Adrienne A. Harris, the Superintendent of the New York State Department of Financial Services (NYDFS), stated in a statement that the agency has strengthened its guidance for listing or delisting of cryptocurrencies to enhance protection for cryptocurrency investors statewide.
The updated guidelines will require cryptocurrency companies to submit their token listing and delisting policies for approval by NYDFS. The statement noted that these companies' policies will be measured against more stringent risk assessment criteria to ensure that delisting is conducted in an orderly manner "to protect consumers and minimize market disruption to the greatest extent possible."
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