Overview
- Governor Kathy Hochul said Harris will depart the New York Department of Financial Services on Oct. 17, 2025.
- Executive Deputy Superintendent Kaitlin Asrow will serve as acting head and has prioritized consumer protection with responsible financial innovation.
- In a final interview, Harris backed exploring a US–UK crypto passporting approach to ease duplicative authorizations and strengthen investor safeguards.
- During Harris’s tenure, NYDFS issued 11 pieces of guidance that added detail to the BitLicense framework, including rules on stablecoins, listings and blockchain analytics.
- The agency pursued oversight and enforcement involving firms such as Coinbase, Genesis and Paxos’s BUSD while growing its crypto-focused team by roughly 60 staff.