Tags: Department of Financial Services

Virtual Currency Chief at NYSDFS Leaves to Pursue a Career in Private Sector

Superintendent Adrienne Harris (NYDFS)

The BUSD supply decreased by more than 6 since Paxos announced on Monday that it would halt issuance due to regulatory pressure.

The New York regulator said Paxos’ management of the stablecoin left it open to use by bad actors.