The head of the New York State Department of Financial Services said she wants the regulator to continue to be a leader in cryptocurrencies, remaining upbeat on virtual assets despite the industry’s turmoil.

The regulator has issued more cryptocurrency-related licences so far in 2022 than it did in all of 2021, its superintendent, Adrienne Harris, said 29 June at a New York conference hosted by the Association of Certified Anti-Money Laundering Specialists, or ACAMS.