Improved Detection Abilities
-
New York State Department of Financial Services: is using new monitoring tools to monitor illegal activities of encryption
On February 22, the New York State Department of Financial Services issued an official announcement saying that the department has improved its ability to detect fraud and other illegal activities in entities engaged in virtual currency activities under the supervision of the State of New York through new insider trading and market manipulation risk monitoring tools. Interpretation of this information: The New York State Department of Financial Services (NYDFS) made an announcement on February 22 outlining their improved detection abilities when it comes to identifying fraudulent and illegal activities within…
