October 9, 2025

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New York Regulator Clarifies Rules on Sub-Custodians and Customer Asset Segregation

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New York Regulator Clarifies Rules on Sub-Custodians and Customer Asset Segregation
New York Regulator Clarifies Rules on Sub-Custodians and Customer Asset SegregationThe New York State Department of Financial Services (DFS) has issued updated guidance on customer protection for virtual currency assets during insolvency. Emphasis on Customer Protection and Sub-Custody The New York State Department of Financial Services (DFS) has released an updated guidance concerning customer protection for virtual currency assets in the event of an insolvency. […]