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16.10.2024
The head of the NYDFS: "Don't surprise the regulator" — tips for crypto firms

Adrienne Harris, head of the NYDFS, advised crypto companies to always be transparent with regulators to avoid problems and misunderstandings. As part of Ripple Swell 2024, she noted that proactive dialogue with regulators helps crypto firms build long-term relationships and avoid potential sanctions. Harris emphasized that companies should notify about their plans in advance, rather than waiting for the news to hit the media.