Adrian Harris, Director of the Ministry of Financial Services in New York (NYDFS), Declare Her resignation after four years in this role.
Harris said: “It was an honor and honor to serve the New York residents, and to provide positive results for consumers; strengthening DFS as a global organizational leader; and transforming management operations.”
In her last interview, Harris Express support to Financial times to Possibilities Crypto UK passport scheme, focusing on the need for international cooperation in the area of digital assets.
Harris highlighted the “Nature Without Borders” of the encryption market, indicating that the passport system – where companies that are organized in one state can operate in another without undergoing a full license – can enhance investor protection, reduce compliance costs, and improve operation in the market.
This proposal is in line with recent efforts by the United States and the United Kingdom to cooperate in creating a financial market, including Establish a joint business group Focus on “Future Markets”.
Despite these efforts, the UK government ruled out the establishment of a national reserve for Bitcoin earlier this year. Treasury Secretary Emma Reynolds said that the opposite of the American storage storage is “inappropriate” for the British market.
Harris’s role in the progress of encryption in the United States
NYDFS, under the leadership of Harris, was at the forefront of encryption in the United States. The administration oversees the main financial institutions such as Goldman Sachs, Deutsche Bank, and Barkles, as well as prominent encryption companies such as Coinbase and Circle.
In addition, NYDFS has implemented strict regulatory frameworks, including Bitlicense, and participated in border initiatives such as the across the Atlantic regulatory exchange with the Bank of England.
Despite her departure, Harris is still optimistic about the future of encryption. She said Financial times The integration of traditional financial institutions into the ecosystem for encryption can help reduce risk such as money laundering, fraud and cyber security threats, thus raising industry standards.
The resignation of Harris is an important end of a chapter in organizing American encryption. Its term was distinguished by a balanced approach, with the aim of protecting consumers while enhancing innovation.
Kaitlin Asrow, NYDFS head, will take the task of moving in the complexities of digital control on assets.
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