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New York Tightens Rules on Sub-Custodians and Asset Segregation
New York regulator revises virtual currency custody regulations, emphasizing the use of sub-custodian licenses and rigorous separation of customers.
The Department of Financial Services (DFS) in New York has issued revised regulations on the custody of virtual currency that seek… Read full article
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New York Regulator Clarifies Rules on Sub-Custodians and Customer Asset Segregation
The New York State Department of Financial Services (DFS) has issued updated guidance on customer protection for virtual currency assets during insolvency. Emphasis on Customer Protection and Sub-Custody The New York State Department of Financial Services (DFS) has released an… Read full article
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