Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.
New York Department of Financial Services (NYDFS) head Adrienne Harris recently sat down with Ripple chief legal officer Stuart Alderoty to discuss cryptocurrency regulation at the Ripple Swell event in Miami, Florida.
The discussion revolved around the different approaches taken by various regulatory organizations at the state and federal levels and how stakeholders in the cryptocurrency industry can best navigate the sometimes murky waters.
According to Harris, the best thing cryptocurrency firms can do when it comes to dealing with government regulations is to be up-front and proactive when it comes to dealing with regulators.