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Wednesday, 20 May 2015

Report: Lawsky to Consult on Digital Currencies After Leaving NYDFS

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New York State Department of Financial Services (NYDFS) superintendent Benjamin M Lawsky is stepping down next month and is said to be planning to establish a legal consulting firm.

While the news created a slew of headlines, some media outlets were able to uncover new details. For example, The New York Post indicated that Lawsky would seek to advise clients on matters involving bitcoin and digital currencies, citing anonymous sources.

According to a 20th May press release, the NYDFS announced that Lawsky will leave office in late June after serving as superintendent of New York’s top banking regulator for four years.

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