NYDFS Proposes Stablecoin Regulation - Markets Media
The headline reports that the New York State Department of Financial Services has proposed stablecoin regulation.
Regulator
Not yet verified
Country / region
— · North America
Asset classes
—
Known initiatives
BitLicense; trust charters
Website
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The headline reports that the New York State Department of Financial Services has proposed stablecoin regulation.
Stablecoin oversight was the focus of a discussion involving NYDFS, according to the headline.
The headline reports that Circle has obtained a trust charter from the New York State Department of Financial Services, strengthening its regulatory position as a stablecoin issuer.
Forkast News reports that Circle’s NYDFS trust charter strengthens its regulatory position as a stablecoin issuer.
The New York State Department of Financial Services has filed a formal proposal to align its stablecoin oversight with the GENIUS Act.
The New York State Department of Financial Services and the European Banking Authority have agreed to exchange information on stablecoin supervision.
No confirmed changes since tracking began.