NYDFS and Wyoming Regulators Sign Pact for Joint Crypto Oversight

New York and Wyoming have signed an agreement to coordinate crypto oversight across both states. The Memorandum of Understanding (MOU) applies to firms already regulated in either state, including those seeking approval in both jurisdictions.

The MOU establishes protocols for sharing supervisory reports, market trend data, and notifications about potential enforcement actions. Regulators will periodically share investigative information and may undertake enforcement actions jointly or separately.

This agreement links two states with different approaches to crypto regulation. New York has maintained its BitLicense regime since 2015, while Wyoming has sought to accommodate digital asset businesses through specialized banking charters.