NY’s Top Regulator Doubles Down: ’BitLicense Remains the Gold Standard’ Despite Crypto Winter

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2025-05-14 15:44:28

New York Finance Watchdog Harris Says State’s BitLicense Is Still a Global Standard

New York’s financial watchdog chief Adrienne Harris just threw shade at global regulators—while patting her own agency on the back. The BitLicense framework, she claims, still sets the bar for crypto oversight worldwide.

The ’Compliance First’ Mantra Lives On

Five years after its controversial launch, the much-maligned BitLicense gets an unlikely victory lap. Critics call it innovation-stifling bureaucracy; Harris calls it ’responsible market design’ (and probably bills consultancies $500/hour to explain it).

Meanwhile, in the Real Crypto Economy...

DeFi protocols process billions without asking permission, Asian hubs lure startups with sandboxes, and Texas literally mines bitcoin with flare gas. But sure—keep polishing that regulatory trophy, Albany.

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