The NYDFS' virtual currency chief Peter Marton proudly reminded the public that FTX has never been granted a BitLicense to operate in the state.
proposed“We would like for there to be a framework nationally that looks like what New York has, because I think it is proving itself to be a very robust and sustainable regime.”
There is a need for more, not less regulation though, Harris added. She highlighted the extensive registration process in New York, which includes the assessment of the company’s organizational structure, the fitness of its executives, financial statements, and Anti-Money Laundering and Know Your Customer regimes as the guarantor of investors’ financial safety.
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