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New York Regulator Desperately Tries to Catch Someone Who Understands the Difference Between Blockchain and a Bitcoin ATM Before Its Too Late

Crypto NewsNFTsRipple 1 Kevin Nelson August 16, 2024

An illustration of a frantic New York State Department of Financial Services (NYSDFS) employee, surrounded by papers with complex financial terms like 'Blockchain', 'Bitcoin ATM' and 'Decentralized Finance'. The employee is desperately trying to catch someone who holds an umbrella labeled "Understanding" while the background depicts chaos caused by unregulated cryptocurrencies. A giant clock looms in the distance indicating time running out for catching the elusive figure, as a faint image of Thomas DiNapoli's face appears on one of the papers with a worried expression.

The eternal quest for someone, anyone who can make sense out of cryptocurrency’s madhouse policies continues! The New York State Department of Financial Services (NYSDFS) is once again casting about like a fisherman in search of the next big catch. This time they’re looking to snag a specialist in crypto and AI policy – because what could possibly go wrong with that combination? After all, we’ve seen how well regulators have handled cryptocurrency so far… said no one ever

Source: cointelegraph

New York regulator hunts crypto and AI specialist for policy unit
https://cointelegraph.com/news/nydfs-seeks-crypto-ai-policy-specialist
The New York State Department of Financial Services (NYSDFS) is seeking a specialist to help develop policies on cryptocurrencies, decentralized finance (DeFi) and artificial intelligence, among other related fields.  The New York financial regulator is seeking candidates for a position within its Innovation Policy Unit, who will be specially tasked with tackling “cutting-edge policy issues” in the broader financial services landscape. According to the job posting, the policy specialist is […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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