In this third and final episode in a series on cryptocurrency, New York Department of Financial Services Superintendent Linda Lacewell discusses BitLicenses, which enable virtual currency projects, including those that touch the state’s mammoth banking sector. Initially unpopular among the Fintech and crypto communities, BitLicenses are lending legitimacy to virtual currency projects. 2019 was the busiest year yet, with eight crypto projects getting licensed by NYDFS. Lacewell discusses how her department is ramping up its cryptocurrency reviews, recent approval of stablecoin projects, and its win in litigation against the U.S. Comptroller of the Currency over cryptocurrency licensing.

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Hosts: Dori Goldstein and Meg McEvoy

Guest: Superintendent Linda Lacewell, New York Department of Financial Services

Producer: RJ Jewell