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Website. www .dfs .ny .gov. The New York State Department of Financial Services ( DFS or NYSDFS) is the department of the New York state government responsible for regulating financial services and products, including those subject to the New York insurance, banking and financial services laws. [1] [2]
BitLicense. 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 involving the state of New York or a New York resident.
The New York State Insurance Department (NYSID) was the state agency responsible for supervising and regulating all insurance business in New York State. [1] It was regarded in the industry as one of the most state-of-the-art insurance regulatory agencies. Continuing education for insurance professionals is regulated by each state's Department ...
DFS is notably the only U.S. regulator at both the state and federal levels to offer a comprehensive crypto supervisory framework, with Genesis receiving its license in 2018.
The Department of Financial Services stripped nearly 20 cryptocurrencies from the list in its new guidance. New York crypto regulator removes Ripple and Dogecoin from token ‘greenlist’ in ...
Residence. New York, NY. Alma mater. Touro Law Center. Stony Brook University. Richard Weber is an American public servant currently serving as the General Counsel of the New York State Department of Financial Services. [1] He was the 23rd Chief of Internal Revenue Service, Criminal Investigation (IRS-CI) from April 1, 2012 to May 31, 2017.
New York. The U.S. state of New York was the first to require its residents to register their motor vehicles, in 1901. Registrants provided their own license plates for display, featuring their initials until 1903 and numbers thereafter, until the state began to issue plates in 1910.
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