United States: NYDFS Releases Guidance For BitLicensees And Limited Purpose Trust Companies On Asset Custody In The Wake Of Cryptocurrency Insolvencies - Schulte Roth & Zabel

United States: NYDFS Releases Guidance For BitLicensees And Limited Purpose Trust Companies On Asset Custody In The Wake Of Cryptocurrency Insolvencies - Schulte Roth & Zabel

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On Jan. 23, 2023, the New York State Department of Financial Services ("NYDFS") issued guidance to entities licensed under 23 NYCRR Part 200 ("BitLicensees") and entities chartered as New York...

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