NYDFS Announces Next Steps for RAISE Act Implementation
- —NYDFS outlined its plan to implement the RAISE Act
- —A new DIGIT Office will enhance oversight and transparency
- —Governor Kathy Hochul is leading the initiative
- —The RAISE Act aims to boost accountability in digital finance
Why it matters: Greater regulatory clarity in New York could draw more institutional interest into the US crypto market.
Source: Coinfomania
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