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Cabinet News - Research and commentary on regulatory and other financial services topics. Cabinet News - Research and commentary on regulatory and other financial services topics. Cabinet News - Research and commentary on regulatory and other financial services topics.
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Bloomberg Law: Current State of Crypto Regulation in New York
April 13, 2023
Profile photo of contributor Mercedes Kelley Tunstall
Partner | Financial Regulation
Profile photo of contributor Nikita B. Cotton
Associate | Financial Regulation

As crypto platforms come under increasing scrutiny, the state of New York in particular has been establishing clear regulatory expectations through enforcement actions involving two crypto exchanges (CoinEx and KuCoin). These enforcement actions are consistent with other recent actions taken against crypto platforms by the NY AG, in addition to other state authorities, the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission, and Department of Justice. Of course, the actions also come on the heels of the well-publicized, high-profile bankruptcies of other crypto platforms.

This Bloomberg Law article examines these recent developments, providing context and highlighting the legal theories involved.

Read the article here.

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