The New York Department of Financial Services (NYDFS or Department) released proposed updates to its guidance on the self-certification process for listing and delisting digital assets. It also announced significant changes to the Department’s “Greenlist” of vetted digital assets.

This industry development affects companies that have received permission to engage in virtual currency business activity from the NYDFS, either through a “bitlicense” or a limited purpose trust charter.

Read the full blog post here on Virtual Currency Report.