The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement.
The updated guidelines will require crypto companies to submit their coin listing and delisting policies for NYDFS approval. The firms’ policies will be measured against more stringent risk assessment standards to ensure that de-listings occur “in an orderly way that protects consumers and minimizes market disruption,” according to the statement.
Source: NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings
