NYDFS (@NYDFS) — Twitter Score 24 out of 1000

NYDFS is the New York State Department of Financial Services, the state agency that supervises banks, insurers, and virtual-currency businesses operating in New York. NYDFS's Twitter Score is 24 out of 1000 as of August 2026, ranking #40,655 (top 10%) among 483,944 tracked accounts.

NYDFS is affiliated with New York State and holds a notable place in crypto regulatory history as the first U.S. regulator to license virtual-currency companies and build a dedicated prudential framework for them. It published final BitLicense rules in June 2015 and approved the first BitLicense application, granted to Circle Internet Financial, in September 2015.

NYDFS has pursued a series of significant enforcement actions against major crypto firms. In January 2023, it settled with Coinbase, requiring a $50 million penalty alongside a $50 million compliance investment. In August 2022, it settled with Robinhood Crypto for a $30 million penalty and mandated an independent compliance consultant. In January 2024, it imposed an $8 million penalty on Genesis Global Trading, which also surrendered its BitLicense. In February 2024, it settled with Gemini, which committed to return at least $1.1 billion to Earn customers. In August 2025, it settled with Paxos Trust Company, requiring a $26.5 million penalty and a $22 million compliance investment. In February 2023, it ordered Paxos to cease minting BUSD over safety-and-soundness concerns tied to Binance.

NYDFS is also affiliated with the European Banking Authority. NYDFS has been mentioned by 234 accounts a total of 771 times, reflecting its prominence in regulatory and crypto policy conversations. NYDFS has published 6,414 posts on the platform.

Who follows NYDFS on X?

The accounts that follow NYDFS include 69 founders, 15 angel investors, 31 influencers and 1 VCs, among them Toly, Db, Tyler Winklevoss, Mario Nawfal, Cameron Winklevoss and MoonPay.