DFS chief Adrienne Harris explains how — and why — New York is speeding up the BitLicense pipeline

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DFS chief Adrienne Harris explains how — and why — New York is speeding up the BitLicense pipeline
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FEATURE: DFS chief Adrienne Harris explains how — and why — New York is speeding up the BitLicense pipeline by the_postman_

Speaking with The Block on May 19, Adrienne Harris, the superintendent of New York’s Department of Financial Services promoted her work on expanding the DFS’ licensing regime for crypto firms — famous under the moniker “BitLicense.”

The queue to get a BitLicense has been a longstanding grievance among the crypto industry, especially given New York’s status as the global financial center. Harris is also prioritizing crypto-related hiring, aiming to triple the size of DFS’s virtual currency team in 2022. But she also notes a lot of potential for operational streamlining.

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