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Potential BSA/AML Roadmap – Crypto Exchange Bittrex Enforcement Actions

The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) and Office of Foreign Assets Control (“OFAC”) settled enforcement actions with Washington state-based Bittrex. In the two settlements, Bittrex...more

Executive Order on Digital Assets Addresses Regulatory Uncertainty for Startups

On Wednesday, President Biden finally issued a long-awaited Executive Order (the “Order”) directing the government’s regulatory agencies to examine the risks and benefits of cryptocurrencies. Many of our clients have been on...more

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