Regulatory TREND. COVID-19 & Cryptocurrency
Which state regulator: New York’s department of financial services (NYDFS)
What is the regulator requiring of cryptocurrency companies?
- preparedness plans to manage the spread of the disease
- disclosure of preventive measures and the protection of employees
- evaluation of the potential increased risk of cyber-attacks and fraud by the epidemic
Crypto Currency Market | The State of New York called the crypto-companies to submit preparedness plans to the Coronavirus