New York and Wyoming regulators sign digital-asset oversight agreement

  • New York and Wyoming regulators signed a memorandum coordinating oversight of virtual currency and digital asset companies.
  • The agreement covers licensing, examinations, supervisory reports, market data and potential enforcement notifications across both states.
  • The pact links New York’s 2015 BitLicense with Wyoming’s crypto-focused chartering approach and Chainlink-based state stable-token initiative.

New York’s Department of Financial Services (DFS) and the Wyoming Division of Banking signed a memorandum of understanding to coordinate oversight of companies offering virtual currency and digital asset services. Acting Superintendent Kaitlin Asrow and Wyoming Banking Commissioner Jeremiah Bishop said the agreement will support licensing, examinations, information sharing and responsible innovation for firms operating across both states. The pact reflects Asrow’s broader call for coordinated stablecoin and digital-asset rules as stablecoins become more significant to financial-market infrastructure and traditional banks explore blockchain-based solutions.

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New York and Wyoming regulators sign digital-asset oversight agreement - CoinPost Terminal