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The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
A BitLicense is the common term used for a business license for virtual currency activities, issued by the New York State Department of Financial Services (NYSDFS) under regulations designed for companies. [1] [2] [3] The regulations are limited to activities
The agreement with the NY Department of Financial Services comes on the heels of a major lawsuit by the state's attorney general. Exclusive: Genesis reaches settlement with New York regulator ...
In 2011, Governor Andrew M. Cuomo and the New York State Legislature consolidated the New York State Insurance Department and the New York State Banking Department and created the New York State Department of Financial Services. [1] [2] James J. Wrynn was the fortieth and last Superintendent of Insurance. [4]
In a press release shared on Monday, DFS said that the new guidance would "clarify" the department's expectations for coin-listing and delisting policies of DFS-regulated entities.
Department of Financial Services may refer to: New York State Department of Financial Services (DFS or NYSDFS), responsible for regulating financial services and products; Florida Department of Financial Services (FLDFS), a state agency of Florida; Department of Financial Services, of the Ministry of Finance (India) See also
After leaving DFS in 2021 and working at venture firm Nyca Partners, Homer started his own crypto-focused venture firm, the Department of XYZ, which just raised $5.1 million.
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