On November 1, the New York Department of Financial Services (NYDFS) amended its cybersecurity regulations to set additional notification, administrative, training and technical requirements. The Amended Cybersecurity...more
On May 1, the New York Department of Financial Services (“NYDFS” or “Department”) and a trading platform entered into a consent order to resolve deficiencies identified during examinations conducted in 2018 and 2020. The...more
6/6/2023
/ BitLicense ,
Consent Order ,
Consumer Financial Products ,
Covered Entities ,
Crypto Exchanges ,
Cryptocurrency ,
Cybersecurity ,
Enforcement Actions ,
Financial Services Industry ,
Fines ,
NYDFS ,
Policy Terms ,
Risk Assessment ,
Virtual Currency