Linda Lacewell: A Friendlier Regulator

Linda Lacewell: A Friendlier Regulator

NYDFS Superintendent Linda Lacewell is a regulator prepared to work with the grain of crypto rather than against it.


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LISTEN: Linda Lacewell, a Friendlier Regulator – Most Influential 2020

In this special episode of Markets Daily, CoinDesk's Lyllah Ledesma reads Nikhilesh De's profile of Linda Lacewell, one of CoinDesk's Most Influential People in 2020.

New NY Gov. taps former Obama official to head state's financial regulator

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....

Regulation will keep PayPal's new crypto services from looking anything like ...

For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities. Earlier today, PayPal confirmed that it would be adding crypto payments to its global platform over coming months. The rollout will begin in the United States, where PayPal also became the first recipient of the New York Department of Financial Services' (NYDFS) conditional Bitlicense, a program that the regulator announced this past summer. The devil in the detailsWhile the news is huge for crypto, PayPal will be under intense scrutiny. The nature of the conditional....

Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally

Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act against these exchanges. The institution receives information from 23 registered cryptocurrency exchanges reporting users’ transactions. Mexican Regulator on the Hunt for Unregulated Exchanges The Financial Intelligence Unit (UIF), the Mexican financial regulator, issued an alert about 12 cryptocurrency exchanges that are operating....

SEC’s conservative approach to crypto needs to change- SEC’s Peirce

“Crypto Mom” Hester Peirce admits the SEC can be slow in giving guidance, but she sees the regulator becoming more open to change. Hester Peirce, commissioner for the United States Securities and Exchange Commission (SEC) affectionately known as “Crypto Mom,” says the regulator’s more conservative attitude around crypto needs to change as people become more interested in the space. In a recent interview with Cointelegraph, Peirce said the crypto landscape is changing quickly.“While we’ve been very slow in giving guidance, there is more and more interest from a wide spectrum of people, both....