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New York Department Of Financial Services Issues Guidance On Virtual Currency Custodial Services - Financial Services

Following a string of bankruptcies among virtual currency firms, the New York Department of Financial Services has issued guidance on the practices and procedures it expects from certain state-regulated entities providing virtual currency custodial services. ....

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New York Department of Financial Services Issues Guidance on Virtual Currency Custodial Services | Jones Day

In Short - The Situation: Following a string of bankruptcies among virtual currency firms, the New York Department of Financial Services has issued guidance on the. ....

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NYDFS Issues Guidance on Virtual Currency Custody Practices | Dechert LLP

Citing a substantial increase in recent years in the demand for both virtual currencies and virtual currency custody services, the New York Department of Financial Services (NYDFS) on. ....

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NYDFS Guidance on Cryptoasset Custody

New York Department of Financial Services issued industry guidance to Virtual Currency Entities who act as custodians, Guidance on Custodial Structures for Customer Protection in the Event of Insolvency, highlighting equitable and beneficial interests remaining with the customer. ....

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New York Department of Financial Services Issues Crypto Custody Guidance | Latham & Watkins LLP

The Guidance clarifies the regulator’s expectations on safekeeping customer digital assets, and the disclosures that must accompany such arrangements. On January 23,. ....

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