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New York State’s Top Financial Cop Plans New Guidance for NFTs

  • Adrienne Harris says DFS to maintain focus on cryptocurrencies
  • State has more than 30 licensed crypto entities: Harris
Adrienne Harris, superintendent of New York State Department of Financial Services (DFS), speaks during an interview in New York, U.S., on Wednesday, May 25, 2022. Harris discussed innovation in digital currencies.
Adrienne Harris, superintendent of New York State Department of Financial Services (DFS), speaks during an interview in New York, U.S., on Wednesday, May 25, 2022. Harris discussed innovation in digital currencies.Photographer: Christopher Goodney/Bloomberg
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New York state’s top financial watchdog is moving to step up oversight of the market for nonfungible tokens.

Adrienne Harris, the superintendent of New York’s Department of Financial Services, said on Wednesday that her agency was planning to issue new guidance on how its rules apply to NFTs. The regulator also recently put out guidelines on stablecoins and blockchain analytics.