NYDFS Superintendent Adrienne A. Harris told Reuters that she expects more BSA/AML enforcement against cryptocurrency firms:
“Crypto firms’ compliance with anti-money laundering rules has also been ‘a big issue,’ she said, one she expects her office will continue focusing on in 2023….”We’ve really been working hard, not just through enforcement, but through examination, and just in our conversations with industry to say this is a non-negotiable,” said Harris.