NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

The new deems also require companies to give advance for token de-listings and to be more transparent with their customers approximately removing support for cryptocurrencies they once listed. In addition, the companies must formulate their policies based upon “predetermined business model, operations, customers and counterparties, geographies of operations, and service providers; and to the use, purpose, and specific features of cashes being considered.”