C. MonasterioThe NYDFS issued new regulatory guidance that tightens oversight on cryptocurrency company advertising. The measure requires licensed entities to assume full responsibility for influencers, third-party promoters, and brand impersonators operating within the digital ecosystem, setting a deadline of May 10, 2027, to implement compliance protocols.
Under the new guidelines presented by Acting Superintendent Kaitlin Asrow, regulated firms must ensure that any promotional claim is backed by verifiable evidence, strictly prohibiting exaggerated statements or those that conceal fees and risks. Additionally, the regulation mandates rigorous internal due diligence controls over third parties, full transparency in paid testimonials, and mandatory annual reviews of their marketing policies.
This step by the NYDFS aims to shield investors against the global surge of impersonation scams on social media. Compliance with these guidelines will be directly overseen by the regulator during its periodic audits, marking a milestone in the supervision of marketing campaigns within the crypto sector.
Disclaimer: Crypto Economy Flash News is compiled from official and public sources verified by our editorial team. Its purpose is to quickly report on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
Coinbase VP Says Democratic Support for Clearer Crypto Rules Is Growing
TL;DR: Kara Calvert, Coinbase’s US VP of Policy, stated that a growing number of incoming Democratic lawmakers recognize the need for clear regulatory frameworks for
Hong Kong Approves New Crypto Tax Reporting Rules for 2027
TL;DR: The Legislative Council of Hong Kong passed the Inland Revenue (Amendment) Bill 2026 on November 4, 2026, to implement the OECD’s Crypto-Asset Reporting Framework
Digital Chamber Pushes for Stricter Crypto Exchange Rules After Major Hack
A few hours after the $6.3 billion hack on Binance, the Digital Chamber sent an urgent letter to Congressional leaders requesting targeted legislation to regulate
Galaxy Says SEC’s New Crypto Rules Could End Token Legal Uncertainty
Alex Thorn, Head of Research at Galaxy, highlighted that the SEC’s proposed regulatory framework, “Reg Crypto,” marks a historic milestone for the sector. It represents
Brian Armstrong Predicts Crypto Rules Could Be Clear by September
TL;DR: Brian Armstrong pointed to September 15 and 16, 2026, as key dates for defining the regulatory framework in the United States. The CLARITY Act
NYDFS Grants Circle a Limited-Purpose Trust Charter for Its New York Trust Entity
TL;DR Circle received a limited-purpose trust charter from NYDFS for Circle New York Trust, adding state oversight for USDC issuance in its global headquarters. The
