On October 11, 2018, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released an advisory (the Advisory) intended to help money services businesses (MSBs) and foreign financial institutions...more
Purpose -
Distributed ledger technology (“DLT”), including the use of blockchain technology, has been touted as a way to create and validate digital identities that serve many of the same purposes that physical forms of...more
5/22/2017
/ Anti-Money Laundering ,
Blockchain ,
Compliance ,
Data Privacy ,
Data Security ,
Digital Data ,
Distributed Ledger Technology (DLT) ,
Ethereum ,
General Data Protection Regulation (GDPR) ,
Identity Protection Services ,
Identity Theft ,
Privacy Laws ,
Self-Sovereign Identity (SSI) ,
Technology ,
UFADAA
This chart is provided by Perkins Coie LLP’s Decentralized Virtual Currency industry practice group for informational purposes only and is not legal advice. This information is not intended to create, and receipt of it does...more
10/5/2015
/ AML/CFT ,
Anti-Money Laundering ,
Attorney-Client Privilege ,
Banking Sector ,
Banks ,
Bitcoin ,
Corporate Counsel ,
Cryptocurrency ,
CSSF ,
EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
FSA ,
GST ,
HMRC ,
Money Laundering ,
PBOC ,
Popular ,
SFC ,
Terrorist Financing Regulations ,
Treasury ,
Value-Added Tax (VAT) ,
Virtual Currency ,
Young Lawyers
A political action committee has sought an advisory opinion from the Federal Election Commission (FEC) as to whether bitcoins can be accepted as political contributions and, if so, how bitcoins should be characterized and...more