U.S. Financial Services Firms Announce Digital Asset Initiatives -
A major U.S. financial services company and operator of global financial exchanges and clearinghouses recently announced an agreement with the issuer of the...more
4/7/2025
/ CFTC ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
ETFs ,
Financial Services Industry ,
Hackers ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Scams ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Stablecoins ,
Terrorist Financing ,
U.S. Treasury
New Crypto Indices Launch; Crypto Firms Announce Product Integrations -
According to a recent press release, SIX, a major Swiss stock exchange and global financial information provider, has launched new SIX Reference Rate...more
2/12/2024
/ Advertising ,
Bitcoin ,
Bitcoin Mining ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Energy Information Association (EIA) ,
Enforcement Actions ,
ETFs ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware ,
SDN List
USDC Report Published, Crypto Firms Announce USDC Integrations -
Circle, the U.S. fintech company that manages the stablecoin USDC, recently released the “State of the USDC Economy” report, highlighting the “efforts to...more
1/22/2024
/ BitLicense ,
BSA/AML ,
CCIP ,
Civil Monetary Penalty ,
Compliance ,
Cryptocurrency ,
Enforcement Actions ,
EU ,
European Banking Authority (EBA) ,
FinTech ,
Information Reports ,
IRS ,
New Guidance ,
Office of Foreign Assets Control (OFAC)
Crypto Initiatives Focus on Latin America; New Tether Policy Aligns with OFAC -
According to a press release, earlier this month Circle Internet Financial announced a partnership with Nubank, one of Latin America’s largest...more
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
Multiple Financial Services Firms Announce New Crypto Products -
A major U.S. financial services firm recently launched its Crypto Credential product, “a set of common standards and infrastructure that will help verify...more
5/8/2023
/ Blockchain ,
CFTC ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement ,
Enforcement Actions ,
Enforcement Priorities ,
Financial Services Industry ,
Fraud ,
Income Taxes ,
Office of Foreign Assets Control (OFAC) ,
Payment Methods ,
Popular ,
Securities and Exchange Commission (SEC) ,
UK
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
New Research and Surveys Address CBDCs, Institutional Crypto Investment -
Staff from the board of governors of the U.S. central bank recently published a research paper addressing central bank digital currencies (CBDCs)....more
12/5/2022
/ Banking Sector ,
Bitcoin Mining ,
Central Bank Digital Currency (CBDCs) ,
Cryptoassets ,
Cryptocurrency ,
Data Collection ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Digital Wallets ,
Financial Industry Regulatory Authority (FINRA) ,
Fraud ,
Initial Coin Offering (ICOs) ,
Intellectual Property Protection ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
Securities and Exchange Commission (SEC) ,
USPTO
Non-Fungible Marketing: Brands Continue to Launch NFTs -
A South Korean technology company has reportedly launched a weeklong promotion in the metaverse. According to reports, the virtual events occurred across multiple...more
9/26/2022
/ AML/CFT ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Fraud ,
Hackers ,
Information Reports ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury
NY DFS Approves Crypto Platform, Prepaid Crypto Card to Launch in Argentina -
According to a press release this week, the New York State Department of Financial Services (NY DFS) has authorized two subsidiaries of Zero...more
8/15/2022
/ Consent Order ,
Crypto Exchanges ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
MasterCard ,
Money Laundering ,
NYDFS ,
Office of Foreign Assets Control (OFAC) ,
Prepaid Payment Products ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury ,
Virtual Currency
Non-fungible tokens (NFTs) often involve two areas with known money laundering and terrorist financing risks: cryptocurrencies and high-value assets, like art. As detailed below, the U.S. Treasury Department’s Financial...more
A well-known digital currency investment services company announced the launch of its first European exchange-traded fund (ETF), according to a press release this week. The ETF, which will be traded on multiple foreign...more
5/23/2022
/ Bitcoin ,
Bitcoin Mining ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Economic Sanctions ,
Evasion ,
Exchange-Traded Products ,
FinCEN ,
Investment Funds ,
Office of Foreign Assets Control (OFAC) ,
Partnerships ,
Popular ,
Risk Assessment ,
Scams ,
Securities and Exchange Commission (SEC) ,
U.S. Commerce Department
BIS Releases Survey on CBDC Initiatives; New Crypto Products Launch -
The Bank for International Settlements (BIS) recently released the results of its 2021 survey of central bank digital currencies (CBDCs). According to...more
5/16/2022
/ Casinos ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Exchange-Traded Products ,
Korea ,
Metaverse ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Security Risk Assessments ,
Stablecoins