Comment on New York virtual currency policies

Grant Thornton submitted a comment letter to New York State’s Department of Financial Services offering our perspective on the state’s proposed framework for virtual currency policies. The firm supports New York’s efforts to codify virtual currency transactions, particularly as their use in the marketplace continues to expand. Grant Thornton offered a number of comments and recommendations on New York’s proposed Coin Listing Policy Framework, including suggestions on term definitions, risk framework requirements and periodic monitoring procedures.

Read our full comment letter