Originally published at: New York Senate Authorizes NYDFS to ‘Assess’ Crypto Companies (CoinDesk) – We Never See Nothing
The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to bring its oversight mandate in…