"This report is another example of New York’s OAG overreaching its mandate by requiring businesses that operate outside of their jurisdiction to subject themselves to New York oversight," said Dash Core CEO Ryan Taylor. "This further cements New York's reputation as a state that is not friendly to cryptocurrency. It is deeply disappointing to see the state target well-run organizations that actively exclude users from New York, and take steps to prevent users from circumventing these controls."
It's worth noting that New York State's reputation for crypto-unfriendliness has been built over years, and that many of the surveyed exchanges have had extensive, expensive and unpleasant flings with New York regulators over the years.
juicy crypto words
In that context, this report might be seen as just more business as usual. Many of the participating exchanges have never been able to please New York regulators, and probably see no reason to start trying now."
https://www.finder.com.au/attorney-generals-brutal-crypto-exchange-review-is-just-the-start