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 NYDFS calls for public feedback on proposed crypto regulatory guidance

NYDFS calls for public feedback on proposed crypto regulatory guidance


Published: 2023-09-18


1. Proposed Crypto Regulatory Guidance: - The main topic of the article is the New York Department of Financial Services (NYDFS) calling for public feedback on proposed crypto regulatory guidance. - The proposed regulatory guidance aims to establish guidelines for virtual currency businesses operating within the state of New York. - The NYDFS is seeking input on various aspects of the proposed guidance,including licensing requirements,cybersecurity measures,and transaction monitoring. - This initiative shows the NYDFS's commitment to regulating the crypto industry while also considering public opinion and industry feedback.

2. Licensing Requirements: - One key aspect of the proposed crypto regulatory guidance is the establishment of licensing requirements for virtual currency business operators. - The NYDFS is seeking public feedback on the specific licensing requirements,which would include background checks,financial statements,and compliance procedures. - These requirements aim to ensure the integrity and stability of the crypto industry while protecting consumers and investors. - The input of the public will play a crucial role in shaping these licensing requirements and striking the right balance between innovation and regulation.

3. Cybersecurity and Transaction Monitoring: - Another significant aspect of the proposed regulatory guidance pertains to cybersecurity measures and transaction monitoring. - The NYDFS is seeking input on the specific cybersecurity controls and protocols that should be implemented by virtual currency businesses. - Transaction monitoring is also a key concern,with the NYDFS seeking feedback regarding the types of transactions and activities that should be monitored and reported. - These measures aim to enhance the security and transparency of the crypto industry,preventing fraud,money laundering,and other illicit activities. In summary,the article focuses on the NYDFS's call for public feedback on proposed crypto regulatory guidance. The main topics are the proposed regulatory guidance itself,licensing requirements,and cybersecurity and transaction monitoring measures. The NYDFS seeks to establish guidelines to regulate the crypto industry while considering public opinion and industry feedback.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,094.50 1,421,464,812.80
2 BTC title=BTC 64,223.92 1,162,939,116.69
3 ETH title=ETH 3,152.40 685,397,111.18
4 DOGE title=DOGE 0.16 403,559,398.68
5 PEPE title=PEPE <0.01 330,973,875.51
6 SOL title=SOL 147.25 311,947,941.68
7 WIF title=WIF 3.38 180,963,945.10
8 BOME title=BOME 0.01 125,774,999.56
9 BONK title=BONK <0.01 88,976,109.01
10 WLD title=WLD 5.43 85,411,493.43
11 AVAX title=AVAX 37.16 82,904,429.17
12 FLOKI title=FLOKI <0.01 80,724,278.71
13 ENA title=ENA 0.81 73,043,844.08
14 RNDR title=RNDR 9.39 72,934,649.48
15 ETHFI title=ETHFI 4.13 69,563,997.40
16 NEAR title=NEAR 7.14 66,149,188.10
17 XRP title=XRP 0.53 65,039,965.21
18 GLM title=GLM 0.64 58,139,596.16
19 SUI title=SUI 1.08 51,557,922.58
20 OP title=OP 2.91 50,056,957.44
21 AR title=AR 38.12 48,309,500.05
22 ARKM title=ARKM 2.42 42,660,640.37
23 RUNE title=RUNE 5.30 37,512,291.28
24 ORDI title=ORDI 40.06 34,732,582.39
25 ADA title=ADA 0.46 29,555,753.82
26 AGIX title=AGIX 0.94 28,027,661.67

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cortex title=CTXC 0.38 +19.16
2 Golem title=GLM 0.64 +13.20
3 Arweave title=AR 38.12 +12.31
4 Arkham title=ARKM 2.42 +9.04
5 Render title=RNDR 9.39 +8.62
6 Vanar Chain title=VANRY 0.19 +8.25
7 Vite title=VITE 0.03 +8.04
8 PlayDapp title=PDA 0.09 +6.92
9 NULS title=NULS 0.66 +6.67
10 Worldcoin title=WLD 5.43 +6.38
11 NFPrompt title=NFP 0.47 +6.09
12 IQ title=IQ <0.01 +5.57
13 JasmyCoin title=JASMY 0.02 +5.47
14 SingularityNET title=AGIX 0.94 +4.93
15 Numeraire title=NMR 26.18 +4.64
16 Ocean Protocol title=OCEAN 0.95 +4.23
17 Sleepless AI title=AI 1.09 +4.13
18 NEAR Protocol title=NEAR 7.14 +4.05
19 AdEx title=ADX 0.21 +3.92
20 Ether.fi title=ETHFI 4.13 +3.90
21 OAX title=OAX 0.23 +3.59
22 Paris Saint-Germain Fan Token title=PSG 5.06 +3.56
23 Santos FC Fan Token title=SANTOS 6.44 +3.49
24 Flux title=FLUX 0.92 +3.32
25 Avalanche title=AVAX 37.16 +3.31
26 Marlin title=POND 0.02 +3.15
27 Automata title=ATA 0.19 +3.12
28 Alien Worlds title=TLM 0.02 +2.82
29 Ampleforth Governance title=FORTH 4.36 +2.78
30 Cartesi title=CTSI 0.21 +2.73

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 W 0.67 -8.31
2 RSK Infrastructure Framework title=RIF 0.17 -7.09
3 Voyager title=VGX 0.08 -7.06
4 REZ 0.18 -6.83
5 Contentos title=COS 0.01 -5.22
6 Viction title=VIC 0.62 -4.94
7 SafePal title=SFP 0.80 -4.87
8 Chromia title=CHR 0.27 -4.71
9 Dusk title=DUSK 0.33 -4.55
10 Aevo title=AEVO 1.40 -4.43
11 Conflux title=CFX 0.22 -3.99
12 Omni Network title=OMNI 18.55 -3.99
13 Ethena title=ENA 0.81 -3.92
14 Jito title=JTO 3.47 -3.77
15 Kusama title=KSM 28.71 -3.76
16 Adventure Gold title=AGLD 1.05 -3.68
17 Saga title=SAGA 3.31 -3.63
18 Bonk title=BONK <0.01 -3.47
19 Pyth Network title=PYTH 0.53 -3.40
20 Band Protocol title=BAND 1.47 -3.29
21 dForce title=DF 0.05 -3.24
22 Shentu title=CTK 0.70 -3.23
23 BinaryX title=BNX 0.97 -3.22
24 Bonfida title=FIDA 0.31 -3.14
25 Internet Computer title=ICP 12.99 -3.13
26 FarmBot title=FARM 75.40 -3.11
27 Steem title=STEEM 0.29 -3.04
28 LINA title=LINA <0.01 -3.01
29 Tranchess title=CHESS 0.19 -2.93
30 Stacks title=STX 2.35 -2.92

Bitcoin's Greed and Fear Index.

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69
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 More than half of the Fortune 100 uses Apples Vision Pro headset 2024-05-05
2 Bitcoin will 039propel the next leg up039 if key trading pattern confirms Traders 2024-05-05
3 Grayscales GBTC stops bleeding First net inflows since launch 2024-05-04
4 LayerZero tackles sybil activity with self reporting mechanism 2024-05-04
5 BTC e founder pleads guilty in 9B money laundering conspiracy 2024-05-04
6 What are tokenized commodities 2024-05-04
7 Bitcoin opens 63K futures gap as thin liquidity threatens BTC price 2024-05-04
8 Vodafone looks to integrate crypto wallets with sim cards 2024-05-04
9 Australian court rules against Qoin issuer BPS Financial on 4 charges 2024-05-04
10 SEC delays decision on 7RCCs eco friendly spot Bitcoin ETF 2024-05-04
11 Losses due to crypto hacks fall 67 Bitcoin DeFi interest rises Finance Redefined 2024-05-04
12 Snowden goes after Bitcoin devs Elon Musk and puppy killers in X flurry 2024-05-04
13 Crypto Biz The Bitcoin summer Avalanche integrates with Stripe and more 2024-05-04
14 Coinbase039s Base could make it the NVIDIA of DeFi 2024-05-04
15 Former Cred execs face wire fraud and money laundering charges 2024-05-04
16 Grayscales GBTC stops bleeding First inflow since launch 2024-05-04
17 Biggest Friendtech whale dumps tokens as users struggle to claim airdrop 2024-05-03
18 Bitcoin and Ether options worth 24B set to expire May 3 max BTC pain at 61K 2024-05-03
19 Vested crypto tokens worth over 3B to be unlocked in May 2024-05-03
20 Trader loses 68M in address poisoning scam 2024-05-03
21 USDC overtakes USDT Compliance is key to stablecoin dominance 2024-05-03
22 Bitcoin price springs 5 to 62K as US jobs data boosts rate cut bets 2024-05-03
23 How to determine crypto cost basis for accurate tax filings 2024-05-03
24 Venture capital pours 24B into crypto startups in early 2024 2024-05-03
25 Bitcoin enters 039a new era039 as whales scoop up over 47K BTC during price pullback 2024-05-03
26 CFTC Commissioner wants to create AI Fraud Task Force 2024-05-03
27 Block shares see after hours bump as Q1 results top estimates 2024-05-03
28 Coinbase posts 12B net income in Q1 surpasses entire 2023 earnings 2024-05-03
29 Terraform claims SEC offered no evidence for 47B in disgorgement 2024-05-03
30 Crypto leaders should stop flirting with CBDCs 2024-05-03
31 Hong Kong Bitcoin ETF launch in top 20 STRK scam suspect busted Asia Express 2024-05-03
32 Jack Dorseys Block to use 10 of Bitcoin profit to buy BTC every month 2024-05-03
33 US senators FBI arent opposed to crypto privacy Railgun contributor 2024-05-03
34 Former FTX exec Ryan Salame to give up 59M Bahamas property 2024-05-03
35 BTC price chart seen mirroring US spot Bitcoin ETF launch pattern 2024-05-03
36 Memecoins mass appeal makes it valuable to DEXs Kain Warwick 2024-05-03
37 How to short Bitcoin on Binance and Coinbase 2024-05-02
38 Friendtech v2 airdrop could introduce nontransferable token 2024-05-02
39 Stacks active accounts reach record high amid growing interest in Bitcoin DeFi 2024-05-02
40 MoonPay expands crypto options with PayPal integration 2024-05-02
41 Nasdaq listed mining firm Stronghold Digital Mining for sale 2024-05-02
42 Binance ties SAFU fund to USDC Is the fund missing out on potential gains 2024-05-02
43 Bitcoin price correction very common if 56K lows hold Peter Brandt 2024-05-02
44 Pickup artists using AI deep fake nudes outlawed Rabbit R1 fail AI Eye 2024-05-02
45 Nigerian court postpones money laundering trial of Binance and execs 2024-05-02
46 Proposed US bill wouldnt allow taxing block rewards at acquisition 2024-05-02
47 Solana to Bitcoin cross chain bridge aims for Q3 2024 launch 2024-05-02
48 States backlash against BinanceUS continues with 6th license pulled 2024-05-02
49 Bitcoin traders set 50K price target after BTC falls below key support level 2024-05-02
50 Bitcoin miner Riot Platforms reports record 211M Q1 net income 2024-05-02

US news that has a significant impact on the market

at news day date time
1 FOMC Member Barkin Speaks Monday 06-05-2024 17:50
2 FOMC Member Williams Speaks Monday 06-05-2024 18:00
3 Loan Officer Survey Monday 06-05-2024 19:03
4 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
5 Consumer Credit m/m Tuesday 07-05-2024 20:00
6 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
7 Crude Oil Inventories Wednesday 08-05-2024 15:30
8 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
9 10-y Bond Auction Wednesday 08-05-2024 18:01
10 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
11 Unemployment Claims Thursday 09-05-2024 13:30
12 Mortgage Delinquencies Thursday 09-05-2024 15:00
13 Natural Gas Storage Thursday 09-05-2024 15:30
14 30-y Bond Auction Thursday 09-05-2024 18:01
15 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
16 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
17 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
18 FOMC Member Barr Speaks Friday 10-05-2024 18:30
19 Federal Budget Balance Friday 10-05-2024 19:00

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