NYDFS Superintendent Adrienne A. Harris interviewed with the Capitol Pressroom Podcast. Here are some hottakes:
• NYDFS would have denied FTX’s then-pending application for a BitLicense because the firm engaged in crypto lending which is not permitted under the BitLicense.
• Re: cryptocurrency regulation generally: “I can confidently say New Yorkers will fare much better than citizens in other parts of the country”; the BitLicense “is a perfect example of how you can promote healthy innovation and protect consumers and markets.”
• NYDFS will continue employing data analysis to drive policy and regulation.
• Examples include the new check cashing regulation and a request for data from health insurers regarding health equity.
The interview may be found here: https://open.spotify.com/episode/41MDYUfrANmvyyqljGmmu6