What Happened?
The New York Department of Financial Services (NYDFS or Department) released proposed updates to its guidance on the self-certification process for listing and delisting digital assets. It also announced...more
The New York Department of Financial Services (NYDFS) formally implemented its Virtual Currency Assessments Rule as 23 NYCRR 102 on Wednesday, April 19, 2023, by publishing a notice of adoption in the State Register. Under...more
Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto in Ukraine -
On March 16, Ukrainian President Volodymyr Zelenskyy signed the Law on Virtual Assets. According to a statement by the Ministry of Digital...more
3/24/2022
/ Biden Administration ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Economic Sanctions ,
EU ,
Executive Orders ,
Financial Transactions ,
International Trade ,
Japan ,
Russia ,
Securities and Exchange Commission (SEC) ,
Ukraine ,
Virtual Currency
Crypto Rating Council releases its securities law framework -
On May 11, 2021, the Crypto Rating Council (CRC) released the securities framework it developed to assess the likelihood of a digital asset being deemed a...more
6/7/2021
/ Bank of England ,
Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Cyber Attacks ,
Digital Assets ,
Ethiopia ,
Popular ,
Ransomware ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency
U.S. Developments -
Bipartisan crypto bill passes House of Representatives -
Last week, the U.S. House of Representatives passed H.R. 1602, titled “Eliminate Barriers to Innovation Act of 2021.” The bill was first...more
5/7/2021
/ Bitcoin ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Currency ,
FOMC ,
Interest Rates ,
International Trade ,
Popular ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
South Korea ,
Turkey ,
Virtual Currency
Jay Clayton to step down as SEC Chairman at the end of this year -
Securities and Exchange Commission Chairman Jay Clayton will step down at the end of this year, according to a November 16, 2020, announcement. This...more
U.S. Developments -
Kik & SEC Agree to $5M Judgment -
On October 20, 2020, Canadian messaging company Kik Interactive Inc. (Kik) and the U.S. Securities and Exchange Commission (SEC) agreed to resolve an ongoing enforcement...more
10/30/2020
/ Bahamas ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Department of Financial Services ,
Digital Assets ,
Digital Currency ,
Futures Commission Merchants (FCMs) ,
IMF ,
Popular ,
Ripple ,
SEC Advisory Committee ,
Securities and Exchange Commission (SEC) ,
Spain ,
State Legislatures ,
Virtual Currency