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NYAG's Warning To Crypto Businesses Muddies Regulatory Waters; Compliance Requirements Remain Elusive - Government, Public Sector

NYAG's Warning To Crypto Businesses Muddies Regulatory Waters; Compliance Requirements Remain Elusive - Government, Public Sector
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NYAG Virtual Currency Martin Act Compliance Confusion

New York Attorney General, Letitia James NYAG, issued a press release warning New York businesses that offer interest-bearing accounts to customers depositing virtual currency without having registered under New York General Business Law § 352, et seq. ....

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NYAG's Warning to Crypto Businesses Muddies Regulatory Waters; Compliance Requirements Remain Elusive | Sheppard Mullin Richter & Hampton LLP

New York’s chief law enforcement agency recently squandered an opportunity to bring much needed guidance to the digital assets space. On October 18, 2021, the Office of New York. ....

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