New York financial regulator to set higher standards for token listing, delisting

• The New York Department of Financial Services is set to publish new guidance for crypto firms on Monday, according to a Wall Street Journal report. • The financial regulator has asked virtual currency companies to upgrade to higher listing, delisting standards and protect user funds. • The regulator proposed the new rules, which are open for comments until October 20, after identifying new risks. New York’s State Department of Financial Services (NYDFS), the regulator responsible for financial services and products registered by firms within the state, is about to...