Regulation· ★★★· bearish·

Crypto CEO banned from New York financial industry

  • —New York regulator banned a crypto CEO from the state's financial industry
  • —The ban is permanent
  • —Neither the executive nor the company was named
Why it matters: Another sign that NYDFS is cracking down hard on crypto executives, raising compliance risks for the industry in the US.
Source: Google News (crypto query)