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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]
the New York State Office of Temporary and Disability Assistance (OTDA) Topics referred to by the same term This disambiguation page lists articles associated with the title New York State Department of Family Assistance .
In 1859, the New York State Legislature created the New York State Insurance Department, and assumed the functions of the Comptroller and Secretary of State relating to insurance. [1] The department began operations in 1860 and William F. Barnes was the first Superintendent of Insurance. [ 1 ]
The DFS settlement comes amid increased discussion in New York over how to handle crypto regulation. As Fortune reported in December, DFS approved a program called Gemini Earn for a separate ...
As part of the revamp, DFS removed over two dozen tokens from its "greenlist" of approved tokens, including Ripple, Dogecoin, and Litecoin. Eight tokens are still on the list, including Bitcoin ...
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Subsequently, Lawsky had a senior role in the New York Attorney General's Office and also served as Governor Andrew Cuomo's Chief of Staff. Having started his career with two federal judicial clerkships in the Eastern District of New York and the 2nd Circuit , he has also been an assistant U.S. Attorney in the Southern District of New York.
On June 24, 2020, DFS proposed a new conditional licensing framework that makes it easier for start-ups to enter the New York market. Under the proposed conditional licensing framework, entities may apply for a conditional license when partnering with an existing entity authorized by DFS to engage in virtual currency business activity. [36]