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55 Greed

New York Crypto Regulator on CLARITY Act and State Oversight

Original title: Why New York's Crypto Regulator Says Nothing Changes After the CLARITY Act

CoinDesk 24:16 2,974 views on YouTube

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Summary

Kaitlin Asrow, Acting Superintendent of the New York State Department of Financial Services, discussed crypto regulation with Yesha Yadav, Professor of Law and Associate Dean at Vanderbilt Law School, at CoinDesk's Policy & Regulation conference. Asrow outlined priorities: consumer, steadiness, and innovation. She explained that the NYDFS tripled its headcount and built crypto expertise in-house. The department is turning federalism into active supervisory coordination across states. New York moved first on crypto regulation, and Asrow described states as the laboratory. She addressed a new GENIUS Act regulation that she said is not new. On the CLARITY Act, Asrow said last week's vote changes nothing for New York. She also discussed solving the federalism puzzle and swapping staff with the Bank of England and the EBA. Looking ahead, she identified tokenization and frontier-AI safety as areas for the next five years. She moved from the Federal Reserve to Acting Superintendent. The discussion included how a regulator builds crypto expertise from scratch and advice for the room.

This AI summary uses the title, description and tags. It may miss context from the full video. How summaries are checked

Key points

  1. Kaitlin Asrow is Acting Superintendent of the New York State Department of Financial Services.
  2. Asrow said the NYDFS tripled its headcount and built crypto expertise in-house.
  3. Asrow described turning federalism into active supervisory coordination across states.
  4. Asrow said last week's CLARITY vote changes nothing for New York.
  5. Asrow discussed swapping staff with the Bank of England and the EBA.
  6. Over the next five years, Asrow sees tokenization and frontier-AI oversight as areas to watch.

Chapters

Chapters come from the timestamps in the video description.

Questions

What priorities did Asrow outline for the NYDFS?
Consumer, steadiness, and innovation.
Did the CLARITY vote change New York's approach?
Asrow said last week's CLARITY vote changes nothing for New York.
What areas does Asrow see as important over the next five years?
Tokenization and frontier-AI safety.

Related briefs

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