Just what everyone wanted: clear rules about how to get financial institutions into crypto.
the application process and “summarizes the types of information the Department considers relevant” for obtaining the agency’s approval.
The 11-page document consisted largely of bullet points as it described the informational requirements for several categories, such as “Business Plan” and “Consumer Protection,” in detail, followed by a series of formal checklists. Approval is required 90 days before engaging in activities, the document reminded. Approval for prior activities “does not constitute general consent” for other activities, and some activities by third-party service providers may require the agency’s approval as well.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
State files for new judge in Fairfield County in effort to halt new Columbus gun codesOhio Attorney General Dave Yost wants a Fairfield County judge to stop Columbus from imposing gun restrictions.
Read more »
Mayor Adams, Governor Hochul want New York to 'work for everyone' with new action planAdams said the cylinders of local and state governments have been 'misaligned for a long time' but the current agencies are working towards improving the quality of life for all New Yorkers with their new plan.
Read more »
New York Panel Unveils New Vision to Revive ManhattanThe 'New New York Panel' proposed a plan with a series of parks and promenades throughout some of the busiest parts of Manhattan, suggesting major changes to reposition office-centric neighborhoods for the postpandemic world.
Read more »
Mayor Adams, Govornor Hochul want New York to 'work for everyone' with new action planAdams said the cylinders of local and state governments have been 'misaligned for a long time' but the current agencies are working towards improving the quality of life for all New Yorkers with their new plan.
Read more »