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October 19, 2026 4:49 pm
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New York’s Department of Financial Services and the Wyoming Division of Banking signed a memorandum of understanding to streamline licensing and supervisory procedures for crypto firms operating in both states and support expedited reviews, Crypto in America reported. Under the agreement, the regulators will share examination information and conduct joint supervision, offering reviews within six months for companies with no regulatory violations for more than three years. The outlet added this appears to be a move by state regulators to improve supervisory efficiency amid delays in CLARITY Act legislation.