Coinbase has successfully launched cryptocurrency staking services in New York, overcoming years of regulatory resistance that had kept the lucrative yield programs out of one of America’s most important financial markets. New York residents can now stake major cryptocurrencies including Ethereum, Solana, and Cosmos, with estimated annual yields reaching up to 16% APY for some tokens. The breakthrough comes shortly after the resignation of the state’s top crypto regulator who previously secured a $100 million settlement with the exchange over compliance failures.
about Coinbase Launches Crypto Staking in New York After Regulatory HurdlesAdrienne Harris
0 posts last weekNYDFS Updates Crypto Insolvency Guidance Before Harris Exit
In one of her final regulatory actions before stepping down, New York Department of Financial Services Superintendent Adrienne Harris has unveiled significant updates to cryptocurrency insolvency guidance, strengthening protections for consumers during crypto company failures. The revised framework, announced with just weeks remaining in her tenure, specifically targets custody arrangements and permissible uses of customer assets, reflecting lessons learned from recent industry turmoil.
about NYDFS Updates Crypto Insolvency Guidance Before Harris ExitNY Regulator Harris Resigns, Pushes US-UK Crypto Passporting
Adrienne Harris, superintendent of the New York Department of Financial Services, has announced her resignation after four years leading one of America’s most influential financial regulators. In her final interview, she championed enhanced cross-border crypto coordination, specifically proposing a passporting arrangement between the US and UK that would enable licensed crypto firms to operate in both jurisdictions without repeating full regulatory approval processes. Her departure concludes a pivotal era for American digital asset oversight, marked by strict enforcement and international dialogue.
about NY Regulator Harris Resigns, Pushes US-UK Crypto PassportingNYDFS Head Adrienne Harris Steps Down, Aslow to Lead
New York’s top financial regulator Adrienne Harris is departing as Superintendent of the Department of Financial Services in October, marking a pivotal transition for cryptocurrency oversight in the nation’s financial capital. During her four-year tenure, Harris cemented NYDFS as a global regulatory leader, establishing the Virtual Currency Unit and becoming the first American regulator to provide guidance for stablecoins. Her successor, Deputy Superintendent Kaitlin Aslow, brings Federal Reserve experience and is poised to continue New York’s strict but innovative approach to financial regulation.
about NYDFS Head Adrienne Harris Steps Down, Aslow to LeadNYDFS Leadership Change: Asrow Replaces Harris as Superintendent
New York’s financial regulatory landscape is set for a significant leadership transition as Adrienne Harris steps down from her role as NYDFS superintendent. Governor Kathy Hochul has appointed Kaitlin Asrow as acting superintendent effective October 18, 2025. This change comes after Harris’s four-year tenure overseeing one of the nation’s most influential financial regulators, which supervises Wall Street banks, global insurance companies, and cryptocurrency firms operating in New York state.
about NYDFS Leadership Change: Asrow Replaces Harris as SuperintendentNY Regulator Urges Banks to Adopt Blockchain Analytics
New York’s financial regulator is pushing traditional banks to adopt blockchain analytics tools for better crypto risk management. The Department of Financial Services issued guidance recommending these tools to combat money laundering and sanctions evasion. Banks with crypto exposure are urged to implement similar safeguards as licensed virtual currency firms.
about NY Regulator Urges Banks to Adopt Blockchain AnalyticsNYDFS and Bank of England Collaborate on Crypto Regulation Initiative
The New York Department of Financial Services (NYDFS) has launched a Transatlantic Regulatory Exchange programme with the Bank of England to enhance oversight of digital assets. Starting in February, a six-month staff exchange aims to align regulatory approaches and share expertise, addressing the differing US and UK strategies on digital currencies. NYDFS Superintendent Adrienne Harris highlighted the initiative’s role in promoting global harmonization in crypto regulation.
about NYDFS and Bank of England Collaborate on Crypto Regulation Initiative