TradFi/DeFi Integrations Announced, Yield-Bearing Stablecoin Launches -
According to reports, Robinhood, a major U.S. financial services company, has entered into an agreement to acquire Bitstamp, a global cryptocurrency...more
6/10/2024
/ Blockchain ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Institutions ,
Hackers ,
Money Laundering ,
New Guidance ,
Non-Fungible Tokens (NFTs) ,
NYDFS ,
Popular ,
Risk Assessment ,
Stablecoins
Crypto Custody, Stablecoin Products Launch; El Salvador is Mining Bitcoin -
According to a recent press release, Fireblocks has launched the Fireblocks Global Custodian Partner Program, a global network of licensed...more
5/20/2024
/ Biden Administration ,
Bitcoin ,
Bitcoin Mining ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
El Salvador ,
Enforcement Actions ,
Executive Orders ,
Hackers ,
Proposed Legislation ,
Scams ,
Stablecoins ,
United Nations Conference on Trade and Development (UNCTAD)
Crypto and Web3 Firms Announce Fintech Integrations -
A major U.S. fintech firm recently announced a product integration with MoonPay, a Web3 infrastructure company, “that allows MoonPay users in the U.S. to seamlessly buy...more
5/13/2024
/ Bitcoin ,
Bitcoin Mining ,
Blockchain ,
Broker-Dealer ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement ,
Enforcement Actions ,
Financial Services Industry ,
FinTech ,
Government Investigations ,
Popular ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Startups ,
Tax Authority ,
Trading Platforms ,
Venture Capital ,
Wells Notice
Stablecoin, Wallet Products Launch; German Bank Launches Crypto Services -
Circle, a global fintech firm and issuer of the USDC stablecoin, has announced new smart contract functionality to allow holders of BUIDL, a...more
4/22/2024
/ Australia ,
Bitcoin Mining ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Criminal Convictions ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Digital Wallets ,
Enforcement Actions ,
Financial Instruments ,
FinTech ,
Germany ,
Hackers ,
Indictments ,
Investors ,
Phishing Scams ,
Proposed Legislation ,
Scams ,
Stablecoins
US Firms Launch New Stablecoin Products, Crypto Debit Card Launches -
A major U.S. financial technology firm recently announced plans to launch a U.S. dollar-backed stablecoin. According to a blog post by the company, the...more
Crypto Exchanges Launch Institutional Platform, LATAM Stablecoin -
A major U.S. cryptocurrency exchange recently announced the launch of an institutional platform “aimed at institutions, asset managers, hedge funds and...more
3/4/2024
/ Bitcoin Mining ,
Blockchain ,
Compliance ,
Conspiracies ,
Criminal Conspiracy ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Electricity ,
Energy Information Association (EIA) ,
Enforcement ,
Hackers ,
Indictments ,
IRS ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Stablecoins ,
TRO ,
Wire Fraud
New Data Published on Cryptocurrency Market Growth -
CoinGecko recently released its 2023 Annual Crypto Industry Report. According to the report, “the crypto market experienced a surge in anticipation related to ETFs” and...more
1/29/2024
/ Bitcoin ,
Bitcoin Mining ,
Blockchain ,
Compliance ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Currency ,
Financial Industry Regulatory Authority (FINRA) ,
FinTech ,
Hackers ,
Securities and Exchange Commission (SEC) ,
Stablecoins
Crypto Exchange Receives CFTC License; Ratings Agency Scores Stablecoins -
A recent press release announced that Bitnomial, “a US-regulated digital asset derivates exchange,” has been granted “a US clearinghouse license to...more
1/8/2024
/ CFTC ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Enforcement Actions ,
GAO ,
Hackers ,
INTERPOL ,
IOSCO ,
Non-Fungible Tokens (NFTs) ,
Rating Agencies ,
Scams ,
Securities and Exchange Commission (SEC) ,
Stablecoins
Major Banks and Technology Firms Launch Stablecoin and Custody Products -
According to recent reports, a major European bank has launched its own stablecoin, “becoming the first big bank to offer digital tokens tracking...more
12/11/2023
/ Blockchain ,
Cryptocurrency ,
Cybersecurity ,
Department of Justice (DOJ) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Services Industry ,
FinTech ,
Popular ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Token Sales
Crypto Custody Providers Launch Institutional Focused Offerings -
According to a recent press release by BitGo, a major U.S. cryptocurrency custody provider, BitGo’s GoNetwork and Copper’s ClearLoop have entered into a...more
11/13/2023
/ Banks ,
Bureau of Industry and Security (BIS) ,
Cryptoassets ,
Cryptocurrency ,
Debit Cards ,
Digital Assets ,
Digital Wallets ,
Distributed Ledger Technology (DLT) ,
EU ,
European Banking Authority (EBA) ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Popular ,
Stablecoins
Banks Complete Stablecoin Pilot, Crypto Indices and Web3 Solutions Launch -
According to recent reports, a major German bank and an affiliate of a major British bank have completed a pilot in which stablecoin swaps were...more
10/30/2023
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
EU ,
European Central Bank ,
FinCEN ,
Hackers ,
Popular ,
Proposed Rules ,
Stablecoins
U.S. Bank Launches Blockchain Network, Crypto Bank Gains Securities License -
According to recent reports, the largest bank in the U.S. has gone live with its blockchain-based Tokenized Collateral Network (TCN) and...more
10/16/2023
/ Blockchain ,
Canada ,
Canadian Securities Administration ,
Cryptocurrency ,
Cyber Crimes ,
Decentralized Finance (DeFi) ,
Digital Assets ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Hackers ,
Hamas ,
New Guidance ,
Popular ,
Regulatory Authority ,
Securities ,
Stablecoins ,
Terrorism Funding ,
UK ,
United Arab Emirates (UAE)
Crypto Firms Continue to Launch New Initiatives Across Markets -
In a recent press release, digital asset infrastructure firm Fireblocks announced its acquisition of BlockFold, “a smart contract development and...more
10/9/2023
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
IMF ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Stablecoins ,
Virtual Currency
The Internal Revenue Service (IRS) and the Department of the Treasury issued a 282 page notice of proposed rulemaking regarding digital assets and broker reporting on Aug. 26 (the Proposed Regulations), nearly two years after...more
9/14/2023
/ Brokers ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Infrastructure Investment and Jobs Act (IIJA) ,
Internal Revenue Code (IRC) ,
IRS ,
Non-Fungible Tokens (NFTs) ,
NPRM ,
Payment Processors ,
Popular ,
Public Hearing ,
Reporting Requirements ,
Stablecoins ,
U.S. Treasury
District Court Upholds Tornado Cash Sanctions, DOJ Charges Founders -
On August 17, a Texas federal court found that Tornado Cash, a crypto mixer (which obscures the source of crypto transactions) is an entity that can be...more
8/28/2023
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Conspiracies ,
Criminal Conspiracy ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Department of Justice (DOJ) ,
E-Commerce ,
Enforcement Actions ,
ETFs ,
Hackers ,
Indictments ,
IRS ,
Monetary Authority of Singapore ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Proposed Regulation ,
Singapore ,
Stablecoins ,
U.S. Treasury
U.S. Fintech Firm Launches Stablecoin; Circle Launches ‘Programmable Wallets’ -
A major U.S. fintech and payments firm recently announced the launch of a U.S. dollar-denominated stablecoin, PYUSD. According to a press...more
8/14/2023
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Enforcement Actions ,
Financial Services Industry ,
FinTech ,
Initial Coin Offering (ICOs) ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Token Sales
Crypto Firms Expand Offerings in Stablecoins, Private Key Management -
The issuer of the Pax Dollar (USDP) stablecoin recently announced that USDP is now available to all Mexican customers of a major Latin American online...more
7/5/2023
/ Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
FATF ,
Fraud ,
Israel ,
Popular ,
Receivership ,
Stablecoins ,
Virtual Goods
New Products Launch for Crypto Futures, Wallets, Stablecoins and Settlement -
According to a recent press release, a leading global options exchange has received the necessary approval from the U.S. Commodity Futures...more
6/12/2023
/ Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Digital Wallets ,
Enforcement Actions ,
Fraud ,
Hackers ,
Non-Fungible Tokens (NFTs) ,
Proposed Legislation ,
Securities and Exchange Commission (SEC) ,
Stablecoins
European Bank Launches Stablecoin; Financial Firms Expand Crypto Products -
A subsidiary of a major European financial services firm recently launched EUR CoinVertible (EURCV), an Ethereum ERC20 stablecoin backed 1:1 by...more
4/24/2023
/ Bitcoin ,
Blockchain ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Digital Wallets ,
Enforcement Actions ,
Ethereum ,
Hackers ,
Popular ,
SDN List ,
Stablecoins
Montenegro Announces CBDC Pilot, BIS Compares CBDCs to Stablecoins -
According to a recent press release, “The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions...more
4/17/2023
/ AML/CFT ,
Banks ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Ethereum ,
EU ,
Financial Services Industry ,
Hackers ,
Popular ,
Risk Assessment ,
Stablecoins ,
Tax Liability ,
U.S. Treasury
DeFi Protocols Announce Updates, US Bank Introduces Deposit Token Concept -
According to recent reports, Rocket Pool, a decentralized finance (DeFi) protocol used as an Ethereum (ETH) staking service, has reached $1...more
DeFi, Stablecoin Products Launch; Bitcoin Network Spikes Due to NFTs -
According to reports, a new decentralized finance (DeFi) protocol recently launched that allows users to deposit the stablecoins USDC or DAI in a...more
2/13/2023
/ Bitcoin ,
Blockchain ,
Criminal Prosecution ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
FASB ,
Individual Retirement Account (IRA) ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
North Korea ,
Ransomware ,
Securities and Exchange Commission (SEC) ,
Securities Tokens ,
Stablecoins
White House Addresses Crypto Risks; Blockchain Firm Wins Air Force Contract -
The White House issued a statement last week briefly outlining the Biden administration’s road map to mitigate the risks of cryptocurrencies,...more
2/6/2023
/ Biden Administration ,
Bitcoin ,
Blockchain ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Ethereum ,
Executive Orders ,
Fraud ,
Hong Kong ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
UK
Reports Address Crypto Ownership, Stablecoins and Dapp Adoption -
Recent reports provide new data on various areas of the digital asset market. In one report, a survey published by a cryptocurrency trading platform found...more
1/30/2023
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FBI ,
Hackers ,
New Guidance ,
Non-Fungible Tokens (NFTs) ,
NYDFS ,
Request For Information ,
Securities and Exchange Commission (SEC) ,
Stablecoins
Paper Explores Benefits of DeFi for FX; Australian Bank Launches Stablecoin -
A recent industry paper found that DeFi can reduce costs and enhance transparency in foreign exchange (FX) markets. The paper concludes that...more
1/23/2023
/ Blockchain ,
Bureau of Industry and Security (BIS) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
FinCEN ,
Online Platforms ,
Securities and Exchange Commission (SEC) ,
Stablecoins