Last week, President Trump issued an executive order, titled “Strengthening American Leadership in Digital Financial Technology” (EO), establishing the administration’s policy to promote digital asset technologies and the...more
2/3/2025
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Executive Orders ,
FinCEN ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Trump Administration ,
U.S. Treasury
Senators Inquire about CFPB’s Fintech Agenda -
On July 27, 2021, Senator Sherrod Brown, the Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the Consumer Financial Protection...more
9/2/2021
/ Banking Sector ,
Big Tech ,
Blockchain ,
Bureau of Industry and Security (BIS) ,
China ,
Consumer Financial Protection Bureau (CFPB) ,
Digital Assets ,
EU ,
Federal Trade Commission (FTC) ,
FFIEC ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
FinTech ,
Guidance Update ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Risk Management ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Settlement
Federal Regulation Actions Frozen Pending Review from New Administration -
On January 20, 2021, newly inaugurated President Joe Biden issued a memorandum to the Heads of Executive Departments and Agencies asking current...more
1/27/2021
/ Artificial Intelligence ,
Biden Administration ,
Blockchain ,
Cannabis-Related Businesses (CRBs) ,
Consumer Financial Protection Bureau (CFPB) ,
Data-Sharing ,
Disclosure Requirements ,
Due Diligence ,
Federal Bank Regulatory Agencies ,
Federal Reserve ,
FinTech ,
Guidance Update ,
Marijuana Related Businesses ,
New Legislation ,
OCC ,
Regulatory Freeze ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Suspicious Activity Reports (SARs)
FDIC Issues Operational Resilience Paper -
In a new paper (here and here) the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Board of Governors of the Federal Reserve...more
U.S. Developments -
Regulatory Updates -
SEC Suspends Trading for Crypto Exchange and Mining Company -
On April 29, 2019, the U.S. Securities and Exchange Commission (“SEC”) announced that it was suspending trading for...more
5/9/2019
/ Blockchain ,
CFTC ,
Criminal Prosecution ,
Cross-Border Transactions ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Initial Coin Offering (ICOs) ,
NY Supreme Court ,
Popular ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency
Cboe Withdraws and Then Submits a Proposed Rulemaking for a Bitcoin ETF -
On January 22, 2019, Cboe BZX Exchange (Cboe) withdrew its proposed rulemaking with the U.S. Securities and Exchange Commission (SEC). Had the...more
2/5/2019
/ Anti-Money Laundering ,
Blockchain ,
Broker-Dealer ,
Cryptocurrency ,
Digital Assets ,
Examination Priorities ,
Financial Industry Regulatory Authority (FINRA) ,
Italy ,
MiFID II ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
UK ,
Uniform Commercial Code (UCC) ,
Virtual Currency
FATF Issues Virtual Currency Guidance -
On October 19, the Financial Action Task Force (“FATF”) published the outcomes of its Plenary meeting. Included in the outcomes of the meeting were new recommendations related to the...more
11/2/2018
/ American Arbitration Association ,
AML/CFT ,
Anti-Money Laundering ,
Blockchain ,
China ,
Coinbase ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
FATF ,
FCC ,
Japan ,
Market Manipulation ,
NYDFS ,
Popular ,
Securities and Exchange Commission (SEC) ,
South Korea ,
Virtual Currency