The U.S. Treasury Department's (Treasury) September 16, 2022, release of the "Action Plan to Address Illicit Financing Risks of Digital Assets" was published in response to an Executive Order, "Ensuring Responsible...more
Following the White House's Digital Assets Executive Order from March 2022 (summarized here), our September 2022 update provides an in-depth look at select follow-up reports issued by the U.S. Department of Justice and the...more
On April 6, 2022, Ranking Member of the Senate Banking Committee Senator Toomey (R-PA) released the Stablecoin Trust Act of 2022 (Draft Bill), marking a milestone in his continued effort to provide clarity on a regulatory...more