The governor of New York declared to use blockchain analytics tech. To make sure that the new york license-based companies are not involved in supporting Russians.
The sanctions against Russians are accelerating in the USA. As the governor of new york, Kathy Hochul declared actions to reinforce the Department of Financial Services (DFS) implementation of sanctions against Russia.
As well as speed up the procurement of additional blockchain technology. These tools will boost the capability of the Department of Financial Services to identify the exposure to Russian individuals, and organizations dealing with federal sanctions. By the digital currency businesses approved by the department of financial services (DFS)
Furthermore, the DFS has also been evaluating many latest tech and service providers to increase the present supervisory abilities. As the department’s duty is to turn into a leading data-driven regulator of the global financial services sector.
Additionally, On Feb.27 the governor of new york Kathy Hochul has issued a notice in which she instructed the state to divest from Russian institutes and companies, also the entities that are backing them.
Moreover, the governor of new york said that they are also watching the present condition of Ukraine. And they are standing with Ukrainians in these tough times. As the New York state is the home to the nation’s biggest Ukrainian population.
Words Of Governor Hochul:
“Like millions across the globe, New Yorkers are watching the situation in Ukraine with fear and outrage, and in response, we are taking further action,”
“We stand shoulder to shoulder with the people of Ukraine and will continue to do our part to enforce U.S. sanctions against Russia in response to their unwarranted attack
Further, she assured that the New York state will use all its technological assets to secure Ukrainian. And proof Russia that we will hold them accountable”
As well, earlier this, the president of the European Commission declared the most important measures against Russia – after Russia’s assault on Ukraine.
Final words:
The statement by the governor of New York, Hochul shows. That they will use the blockchain analytic tech to track New York licensed companies. To make sure that they are not involved in supporting Russians.
And that all the sanctions against Russia are working effectively. As well new york state is ready to utilize all its technological assets against Russians.
Further, the governor of new york made it clear that they are in favor of innocent Ukrainians.
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