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New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change.In a letter sent to all regulated entities on Thursday, the New York Department of Financial Services (NYDFS) said that it expects firms, including virtual currency businesses, to start assessing such risks
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New York lawmakers proposed a bill on a peer-to-peer (P2P) savings and payment platform called the “New York Inclusive Value Ledger.”Introduced by New York State Assembly legislator Ron Kim and Senator Julia Salazar, the bill proposes to set up the “empire state inclusive value ledger establishment and administration act”
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There may be a way for cryptocurrency businesses to get around New York's notoriously hard-to-get BitLicense, and it runs through Wyoming. Source
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