Carlo
Sat Jul 13 2024
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6 answers
1815
What is New York's New Cryptocurrency Law?
Could you elaborate on the recently enacted New York cryptocurrency Law? I'm particularly interested in understanding its key provisions and how it aims to regulate the cryptocurrency market within the state. Specifically, what kind of licenses will crypto businesses need to operate legally? Are there any specific requirements for consumer protection or anti-money laundering measures? Additionally, how will this new legislation affect investors and individuals using cryptocurrency in New York? Any insights you could provide would be greatly appreciated.
