New York’s Crypto BitLicense Oversight Criticized by State’s Comptroller

 The New York Department of Financial Services (DFS) is drawing some internal heat over whether it’s doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli. The New York Department of Financial Services (DFS) is drawing some internal heat over whether it’s doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli.