NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry
(https://i.imgur.com/UxtXGDZm.jpg)
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should... See more for yourself here (https://news.bitcoin.com/nydfs-releases-guidance-on-importance-of-segregation-and-separate-accounting-for-customer-funds-in-crypto-industry/).
Your opinion is greatly appreciated.