The New York State Financial Regulator (DFS) recently announced its plan to hire policy experts who will focus on assisting in the formulation of policies related to cryptocurrency, decentralized finance (DeFi), and the application of artificial intelligence in financial markets. The newly hired experts are expected to address policy challenges between traditional markets and cryptocurrency, DeFi, while also exploring and regulating the use of AI technologies in the financial sector. This initiative reflects New York State's ongoing commitment to monitoring and managing emerging fintech fields, aiming to foster innovation while ensuring market stability and consumer rights.