NYDFS Chief to Resign Amid Reported Tension with Governor's Office
Infighting between the New York State Department of Financial Services (NYDFS) and the state governor's office has reportedly led to the resignation of key figures. The Wall Street Journal reported Monday that Anthony Albanese, acting superintendent of the NYDFS and successor to BitLicense architect Benjamin M Lawsky, is set to resign alongside agency spokesman Matthew Anderson. According to Bloomberg News, Albanese will depart in December. Under Lawsky - who left office in June - the NYDFS developed the BitLicense, a licensure scheme for digital currency companies operating in the state....
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Following the appointment of several former federal officials to the strategic board of some bitcoin startups, New York Department of Financial Services (NYDFS) superintendent Benjamin Lawsky announced his plans to step down and form a digital currency consulting group. Anonymous sources cited that the former NYDFS chief is set to create a legal consulting firm to advise clients on matters involving bitcoin and digital currencies. Prior to this, the NYDFS already announced in a press release that Lawsky will leave office in late June after his four-year stint. Digital Currency Consulting.....
Adrienne Harris said she aims "to ensure we have a robust and fair financial system, and an equitable economy" in her role at the NYDFS. Kathy Hochul, the governor of New York who has been in office for only a week since the departure of Andrew Cuomo, has nominated Adrienne Harris to lead the state’s Department of Financial Services.According to a Tuesday Wall Street Journal report, Hochul tapped Harris to lead the New York Department of Financial Services, or NYDFS, following the resignation of superintendent Linda Lacewell. Harris is currently a senior advisor at the PR firm Brunswick....
The Department of Financial Services superintendent, Benjamin Lawsky, who has been leading the charge in an effort to regulate bitcoin, is reportedly considering resigning from his position in early 2015. Benjamin Lawsky is perhaps the most powerful person in New York State to be pushing regulation on the bitcoin community. Many are curious as to where Lawsky will go: a bank? a finance company? a Bitcoin company? an elected position? After the election of last week, it's not uncommon to see several resignations follow. Perhaps the most interesting resignation is that of Benjamin Lawsky.....
New York State Department of Financial Services (NYDFS) superintendent Benjamin M Lawsky is stepping down next month and is said to be planning to establish a legal consulting firm. While the news created a slew of headlines, some media outlets were able to uncover new details. For example, The New York Post indicated that Lawsky would seek to advise clients on matters involving bitcoin and digital currencies, citing anonymous sources. According to a 20th May press release, the NYDFS announced that Lawsky will leave office in late June after serving as superintendent of New York's top....
In April, Bitcoin Magazine reported that Bitcoin exchange itBit had filed for a banking license in New York. Later in May, itBit was granted a trust charter by the New York Department of Financial Services (NYFDS) under New York State banking law, the first such charter granted to a digital currency company by the NYDFS. ItBit also announced the successful completion of a $25 million Series A funding round. On September 2, itBit announced the appointments of Daniel "Danny" Alter as the company's new general counsel and chief compliance officer, and Kim Petry as chief financial officer.....