#CryptoRegulation

Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said that New York has a "huge role to play" in the cryptocurrency ecosystem, particularly in shaping regulatory frameworks for digital assets.

During a panel on May 14 at Consensus 2025 in Toronto, she stated that the state of New York is frequently asked to provide guidance to regulators. "Regarding federal regulation and legislation [...] members of Congress often come to us [NYDFS] asking about our process, our regulations, about guidance, how they should be thinking about legislation," said Harris.

By: Critsthoper Tepedino