New York and Wyoming Coordinate Digital Asset Regulation
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AI-assisted source synthesis · not an independent investigation.
On October 30, 2026, the New York State Department of Financial Services (NYDFS) and the Wyoming Division of Banking reached a memorandum of understanding to coordinate the regulation of digital asset businesses. According to reports, the cooperation includes coordinating the licensing reviews of relevant businesses, conducting joint examinations, and cooperating on enforcement. The memorandum indicates that the regulators in the two states have established cooperative arrangements regarding regulatory procedures for digital asset businesses and cross-agency enforcement; reports have not disclosed any further specific implementation timeline or scope of applicable businesses at this time.
AI-written from reports · updated 1 hour ago
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- PYMNTSNew York State Department of Financial Services and Wyoming Division of Banking Coordinate Digital Asset Regulation
New York State Department of Financial Services and Wyoming Division of Banking entered into a memorandum of understanding to coordinate licensing reviews, joint examinations, and enforcement cooperation for digital asset firms.
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