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NYDFS Sets Standards for Virtual Currency Entities

NYDFS Sets Standards for Virtual Currency Entities

The New York Department of Financial Services (DFS) has set regulatory standards for customers of virtual currency entities (VCEs) to evaluate the efficacy of customer service. The DFS established comprehensive criteria about VCE electronic and telephone communications, transparency, and the publication of frequently asked questions (FAQs) online. In addition to resolution periods, VCEs will be […]