Adrienne Harris Departs From New York DFS; Calls for Closer U.S.-U.K. Crypto Ties

Adrienne Harris has stepped down as superintendent of New York's Department of Financial Services after four years of service. Her tenure saw New York emerge as a crypto hub through clear regulatory frameworks, with over 60 specialists hired to monitor the sector. Governor Kathy Hochul praised Harris for cementing DFS's global regulatory leadership.

Kaitlin Asrow will assume the role of acting superintendent starting October 2025. "New York will remain the global financial capital and a hub for responsible innovation," Asrow declared. The transition comes as regulators grapple with balancing consumer protection and technological advancement in digital assets.

Harris's departure marks a pivotal moment for crypto regulation. During her tenure, she advocated for international cooperation, particularly between U.S. and U.K. markets. "The financial system doesn't stop at borders," Harris remarked in her farewell statement. Her legacy includes establishing guardrails for crypto firms while fostering industry growth.