11/06/2026
The New York State Department of Financial Services has been regulating stablecoin issuance since 2018 - years before there was a federal law to follow.
Now, with new federal law in place, Acting Superintendent Kaitlin Asrow wants New York's framework to align with it.
Here's what the NYDFS is proposing: https://www.ftfnews.com/nydfs-proposes-stablecoin-framework-upgrade/.