The New York Department of Financial Services will launch a cryptocurrency expertise exchange program with the Bank of England
2025-01-14 02:09:07
Cointelegraph report new york finance department of services nydfs supervisor adrienneharrisdesk3cryptocurrencydesktopCrypto News
Adrienne Harris, director of the New York Department of Financial Services (NYDFS), has unveiled the "Transatlantic Regulated Exchange (TRE) " exchange program to help regulators learn more about how foreign institutions are dealing with emerging payments and digital asset issues, Cointelegraph reported. The program will begin with the exchange of senior staff with experience in digital assets between the NYDFS and the Bank of England "essential for regulatory coordination," Harris said in a Jan. 13 notice. The exchange of the TRE program will begin in February with the Bank of England and will continue for at least six months. It is understood that the NYDFS oversees cryptocurrency regulation in New York State, which has multiple companies leveraging the region's commercial and regulatory environments. The financial regulator implemented the BitLicense program in 2015 and approved projects such as Ripple Labs' RLUSD stablecoin last December.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
昨日富达FBTC净流出1.136亿美元Next article：
Yesterday Fidelity FBTC net outflow $113.60 million
