Home Guides NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

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NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

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The new rules also require companies to give advance for token de-listings and to be more transparent with their customers about removing support for cryptocurrencies they once listed. In addition, the companies must formulate their policies based upon “specific business model, operations, customers and counterparties, geographies of operations, and service providers; and to the use, purpose, and specific features of coins being considered.”

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