News & Analysis as of

Commodities Futures Trading Commission Central Bank Digital Currency (CBDCs)

The United States Commodities Futures Trading Commission was created in 1974 to regulate commodity futures and option markets. The Commission’s mission is to protect market participants and the public from... more +
The United States Commodities Futures Trading Commission was created in 1974 to regulate commodity futures and option markets. The Commission’s mission is to protect market participants and the public from fraud, abuse, and systemic risk associated with derivatives subject to the Commodities Exchange Act. In 2010, as a result of the Frank-Dodd Wall Street Reform and Consumer Protection, the Commission’s role was expanded to include drafting rules for regulating the swaps marketplace. less -
BakerHostetler

Crypto Legislation Facing Long Odds in Lame-Duck Congress

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A shrinking legislative calendar and the fallout from November’s election results – no matter which party gains the upper hand in the battle for control of Congress – are likely to doom lawmakers’ efforts to pass...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - May 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's May...more

BakerHostetler

New Crypto Initiatives Launch; California Governor Signs Digital Financial Assets Law; Bank Regulators Address Crypto Risks;...

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Financial Firm Completes CBDC Pilot; Exchanges Launch P2P Trading Platform - A major U.S. financial services firm recently published a press release announcing that it has “successfully demonstrated capabilities of a new...more

Polsinelli

Blockchain+ Bi-Weekly - September 2023 #2

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The Blockchain Bi-Weekly presented by the Polsinelli Blockchain+ team is a rundown of some of the key stories in the Web3, blockchain and crypto ecosystems curated by our attorneys navigating the intersections of code, smart...more

BakerHostetler

FedNow Instant Payments Service Launches; GAO Recommends Oversight of Crypto Assets; SEC, CFTC, DOJ Continue Crypto Enforcement;...

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U.S. Central Bank Launches Instant Payment Service - A recent press release by the U.S. central bank announced that “its new system for instant payments, the FedNow® Service, is now live.” According to the press release,...more

Troutman Pepper

Troutman Pepper Weekly Consumer Financial Services Newsletter - July 2023 #3

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To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week...more

BakerHostetler

Stablecoin Pilot Launches; Crypto Fund Report Published; Senate Seeks Crypto Tax Input; Numerous Crypto Enforcement Actions...

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Company Announces Stablecoin Pilot; BIS Publishes Reports on CBDCs - According to a blog post by a major multinational software company, the company has begun a pilot project to experiment with using the USDC and EUROC...more

BakerHostetler

Crypto Firms Expand Offerings; FATF Publishes Virtual Assets Update; CFTC Continues Crypto Enforcement; Israeli Agency Seizes...

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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

BakerHostetler

CBDC Initiatives Advance in Colombia, Hong Kong; DOJ Charges Defendants in Mt. Gox Hack, BTC-e; CFTC Wins Ooki DAO Case; Crypto...

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CBDC Initiatives Advance in Colombia and Hong Kong - According to a recent press release, a major U.S. fintech company and “leader in enterprise blockchain and crypto solutions” has announced a collaboration with Colombia’s...more

Kilpatrick

Key Takeaways – Digital Assets (Cryptocurrencies, Stablecoins, Tokenization, and CBDCs)

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With the rapid expansion and adoption of digital assets (cryptocurrencies, stablecoins, tokenized assets, and central banks digital currencies), companies of all types are being asked to address and interact with this growing...more

Jones Day

Economic Report of the President to the Crypto Industry: Thanks, But No Thanks

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In Short - The Situation: For the first time, the Economic Report of the President (the "Report") includes a chapter on digital assets....more

Kilpatrick

The State of Digital Assets Regulation and Foundational Terminology (Crypto, Stablecoin, and CBDC)

Kilpatrick on

The last twelve months have seen unprecedented adoption, evolution, and turbulence across the digital assets sphere. Whether cryptocurrencies, stablecoins, or central bank digital currencies (CBDCs), all of which qualify as...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, November 18, 2022

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November 17, 2022- The Federal Reserve Board published a paper entitled, "Sentiment in Bank Examination Reports and Bank Outcomes."...more

BakerHostetler

CBDC Report Published; Crypto and NFT Initiatives Launch; OFAC Redesignates Tornado Cash; SEC and CFTC Target Crypto Fraud; FTX...

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CBDC Report Published, Blockchain Settlement and Payment Initiatives Launch - This week the New York branch of the U.S. central bank published a report on the Phase I results of Project Cedar, “a multiphase research effort...more

Foodman CPAs & Advisors

White House Follows Up With Digital Assets Priorities Identified In Executive Order

President Biden’s Executive Order (EO) on Ensuring Responsible Development of Digital Assets was signed on 3/9/22 acknowledging how the rise in digital assets creates an opportunity to reinforce the leadership of the U.S. in...more

Paul Hastings LLP

4 Things to Know About Crypto Legislation As Congress Comes Back In Session This Week - Updated September 2022

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Congress comes back in session after the Labor Day weekend with a final push before the November elections. Over 20 bills regarding digital assets have been introduced to Congress, addressing a wide variety of areas including...more

Paul Hastings LLP

4 Things to Know About Crypto Legislation Before Congress Is Back In Session Next Week

Paul Hastings LLP on

Congress will be back in session after the Labor Day weekend with a final push before the November elections. Over 20 bills regarding digital assets have been introduced to Congress, addressing a wide variety of areas...more

BakerHostetler

Crypto Payment Initiatives Launch; Report Cites Evolving Crypto Views; G7, ECB, BIS Address Crypto Risks; DOJ, CFTC Target NFT...

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New Cryptocurrency Payments Systems, Tokens and Trade Associations Launch - A leading global cryptocurrency platform has reportedly announced a partnership with a global e-commerce platform that would allow e-commerce...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, May 21, 2022

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The G7 Finance Ministers and Central Bank Governors issued a communique on the results of their May 18-20 Meeting in Petersburg, Germany....more

BakerHostetler

New CBDC and NFT Data Released; OFAC Adds Mixer and Public Keys to SDN List; Multiple Crypto Enforcement Actions; Stablecoin Risks...

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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

BakerHostetler

[Podcast] Blockchain University: Relationship Drama: Cryptocurrencies, Blockchain and the Law

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Our fifth episode provides an overview of the key legal issues facing cryptocurrencies and blockchain in the U.S....more

Kilpatrick

Congressional and Federal Agency Action Following Executive Order on Digital Assets Policy

Kilpatrick on

In early March 2022, President Biden signed an Executive Order on Ensuring Responsible Development of Digital Assets. Digital assets, in this context, cover various types of assets, including cryptocurrency, stablecoin, and...more

Bracewell LLP

Executive Order Legitimizes Cryptocurrency Industry – Regulation and Legislation up Next

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The White House Executive Order on Ensuring Responsible Development of Digital Assets (the “EO”), is the policy statement that the industry was waiting and hoping for: one that recognizes the legitimacy of the cryptocurrency...more

Womble Bond Dickinson

President Biden’s Cryptocurrency Executive Order - What It Does And Does Not Do

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On Wednesday, March 9, President Biden issued an “Executive Order on Ensuring Responsible Development of Digital Assets” (hereinafter “EO”). The EO outlines a wide-ranging strategy to assess the risks and potential benefits...more

Bressler, Amery & Ross, P.C.

The Future Of Crypto Assets After President Biden’s Order

On March 9, 2022, President Joe Biden signed an executive order titled “Ensuring Responsible Development of Digital Assets” laying out a national policy for digital asset regulation.  The order calls for the Justice...more

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