Crains New York, a business journal, held a panel on the future of crypto in New York: “As yet, it is unclear if New York’s brand of oversight will attract crypto companies or send them elsewhere to set up shop. ‘It depends whether they recognize how valuable a seal of approval from New York state regulators can be,’ Soufer said. ‘Many realize that it boosts their value proposition and opens doors to capital.’”
“Will that be enough to ensure that New York continues as a crypto hub once things shake out? ‘Modern finance has had centers in Greece, Rome, Florence, London,’ Homer said. ‘We’re waiting to see whether New York will be the nexus of this new system of decentralized digital finance.’”
Crains article on the panel may be found here: https://www.crainsnewyork.com/custom-content-contributing-partners/sponsored-crypto-industry-leaders-see-promise-new-yorks