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

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...