CRYPTO Act Proposal: Unlicensed Operations In New York Could Lead To 15 Years In Prison | Bitcoinist.com

On Thursday, a new legislation was proposed in New York that aims to impose additional regulations on digital asset firms. The proposed law, known as the “CRYPTO” Act—short for “Cryptocurrency Regu...

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CRYPTO Act Proposal: Unlicensed Operations In New York Could Lead To 15 Years In Prison | Bitcoinist.com

Source: Bitcoinist.com

On Thursday, a new legislation was proposed in New York that aims to impose additional regulations on digital asset firms. The proposed law, known as the “CRYPTO” Act—short for “Cryptocurrency Regulation Yields Protections, Trust, and Oversight”—would make it illegal for digital asset firms to operate without the necessary licenses. The announcement came from Manhattan District […]