NYDFS Acting Superintendent Asrow Discusses Stablecoin Oversight
- —NYDFS is moving to tighten oversight of stablecoins and digital assets
- —Asrow stressed the need for a coordinated regulatory framework
- —The stablecoin market is estimated at about $340 billion
Why it matters: Tighter NYDFS oversight could raise compliance demands for stablecoin issuers operating in the US.
Source: Coinfomania