Adrienne Harris – DIGIT INFO

NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’

DIGIT — Tue, 15 Oct 2024 19:34:48 +0000

Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.

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NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

DIGIT — Mon, 13 Mar 2023 00:05:22 +0000

On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department, and FDIC explained that all Signature depositors would be […]

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Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations

DIGIT — Wed, 04 Jan 2023 20:30:13 +0000

Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said compliance problems were detected and the exchange’s anti-money laundering controls were inadequate from 2020 through 2021. […]

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