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Bitcoinist
2023-04-17 22:00:30

NYDFS Implements New Rule To Charge Crypto Firms Over Annual Supervision Fees

NYDFS Implements New Rule To Charge Crypto Firms Over Annual Supervision Fees

Despite the global crypto market showcasing a bullish trajectory, regulatory scrutiny could become an obstacle for the nascent industry. Earlier today, the New York Finance Watchdog implemented a new rule set to bill licensed crypto firms over supervisory costs. This bill mainly targets New York crypto firms registered under the BitLicense. This requirement allows a

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