The New York State Department of Financial Services (DFS) has issued updated guidance on customer protection for virtual currency assets during insolvency. Emphasis on Customer Protection and Sub-Custody The New York State Department of Financial Services (DFS) has released an updated guidance concerning customer protection for virtual currency assets in the event of an insolvency. […] Source: https://news.bitcoin.com/new-york-regulator-clarifies-rules-on-sub-custodians-and-customer-asset-segregation/