New York Removes XRP, Dogecoin From Approved Cryptocurrency List
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New York State removed most digital assets like XRP, DOGE, and LINK from its approved "Greenlist" of cryptocurrencies.
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Bitcoin, Ethereum, and certain stablecoins remain on the amended Greenlist.
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New York's financial regulator can add or remove coins from the Greenlist at its discretion.
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The regulator wants coins on the list to have a track record of safety and widespread adoption.
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Virtual currency firms must notify the regulator 10 days before supporting a Greenlisted coin.