Congress is on recess, leaving regulatory agencies and industry groups to drive this week’s developments in digital asset policy.
The Federal Reserve announced a sunset of its Novel Activities Supervision Program, folding...more
8/25/2025
/ Banking Sector ,
Banks ,
Consumer Data Requests ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
FinTech ,
New Legislation ,
Regulatory Oversight ,
Regulatory Reform ,
Stablecoins ,
The GENIUS Act
This week’s developments reflect continued executive branch action and regulatory guidance shaping the digital asset and financial technology landscape. The President signed two executive orders: one aimed at eliminating...more
8/18/2025
/ 401k ,
Artificial Intelligence ,
Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Federal Reserve ,
FinCEN ,
Open Banking ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury
Last week, the White House released a landmark report on digital financial technology, signaling a coordinated federal push to modernize crypto regulation. The report, issued by the President’s Working Group on Digital...more
8/11/2025
/ Anti-Money Laundering ,
Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Executive Orders ,
FinTech ,
New Legislation ,
New Regulations ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins
The Senate Banking Committee, which has jurisdiction over the SEC, released its long-anticipated digital asset market structure legislation, titled the “Responsible Financial Innovation Act of 2025.” The Committee’s draft...more
8/4/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
FinTech ,
New Legislation ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Senate Banking Committee
In a pivotal week for digital asset policy, federal banking regulators issued long-awaited guidance outlining risk-management expectations for crypto-asset safekeeping activities. The OCC, Federal Reserve and FDIC released a...more
7/28/2025
/ Banking Regulators ,
Banking Sector ,
Compliance ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
FinTech ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Risk Management ,
Senate Banking Committee ,
Stablecoins ,
U.S. Treasury
Today marks a historic milestone in U.S. digital asset policy. The President signed the GENIUS Act into law following its bipartisan passage by 308-122 in the House on July 17 and 68-30 in the Senate on June 17. The GENIUS...more
7/21/2025
/ Banking Sector ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Committee ,
Financial Services Industry ,
Liquidity ,
New Legislation ,
Popular ,
Regulatory Requirements ,
Rulemaking Process ,
Securities ,
Stablecoins ,
The GENIUS Act ,
U.S. Treasury
Congress continues to prioritize digital asset legislation, with the House leadership designating the week of July 14 as “Crypto Week,” when the House plans to vote on three significant pieces of digital asset legislation:...more
7/14/2025
/ Blockchain ,
Cryptocurrency ,
Digital Assets ,
Exchange-Traded Products ,
Federal Reserve ,
New Legislation ,
Proposed Legislation ,
Regulation ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Tax Reform ,
Taxation ,
Tokenization
Crypto policy continues to be a hot topic in the nation’s Capitol ahead of the July 4 holiday. Senate Banking Committee Chairman Tim Scott (R-SC) and Digital Assets Subcommittee Chair Cynthia Lummis (R-WY) announced that the...more
7/7/2025
/ Anti-Money Laundering ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
FHFA ,
Financial Regulatory Reform ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Senate Banking Committee ,
Stablecoins
Momentum continues to build for digital asset policy reform in Washington, with both chambers of Congress taking notable steps to advance legislative efforts. On June 23, the House passed several financial services and...more
6/30/2025
/ Blockchain ,
Capital Markets ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
New Legislation ,
Proposed Legislation ,
Securities Regulation ,
Senate Banking Committee ,
Stablecoins
The Senate passed the GENIUS Act with bipartisan support, marking a significant step forward in advancing stablecoin legislation. Legislative action on stablecoins will now move to the House of Representatives. The House...more
6/23/2025
/ Bitcoin ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Committee ,
New Legislation ,
OCC ,
Proposed Legislation ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
U.S. Treasury
The digital asset policy landscape developed on multiple fronts this week. The House Financial Services and Agriculture Committees voted to advance the CLARITY Act, a bipartisan proposal to establish a regulatory framework...more
6/16/2025
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Financial Services Committee ,
FinTech ,
Legislative Agendas ,
New Legislation ,
OCC ,
Proposed Legislation ,
Regulatory Agencies ,
Regulatory Reform ,
Stablecoins
This week’s tracker covers several significant developments in crypto policy. Lawmakers released a new draft of the CLARITY Act, a market structure bill that would expand the CFTC’s role and clarify how digital assets are...more
6/6/2025
/ 401k ,
Blockchain ,
CFTC ,
Consumer Financial Products ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Labor (DOL) ,
Digital Assets ,
Financial Services Industry ,
New Legislation ,
Proposed Legislation ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Stablecoins
Recent legislative activity continued to shape the trajectory of U.S. crypto policy, even as Congress is out of session this week. Lawmakers advanced several financial reform bills before the recess, while federal regulators...more
5/30/2025
/ CFTC ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Investment ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Several legislative and regulatory developments in the crypto space occurred this week. The U.S. Senate took a significant step forward on stablecoin legislation, voting 66-32 on a procedural motion to advance the GENIUS Act....more
Several significant regulatory and policy developments took place this week in Washington. The Senate banking committee advanced several key nominations, including Michelle Bowman to serve as vice chair for supervision at the...more
5/16/2025
/ Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Federal Reserve ,
Financial Institutions ,
Financial Regulatory Reform ,
Nominations ,
OCC ,
Popular ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Tokenization ,
U.S. Treasury
Two significant legislative efforts took center stage this week, offering a clearer view of where Congress may be heading on crypto regulation. A revised version of the GENIUS Act, legislation to establish a federal framework...more
Congress is back in session this week after a two-week recess. Several new pieces of legislation were introduced, including one directing the secretary of commerce to spearhead federal blockchain policy initiatives, another...more
5/5/2025
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
New Legislation ,
Popular ,
Proposed Legislation ,
Regulatory Reform ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC)
While the House and Senate were out of session for the last two weeks, federal financial regulators and legislators took a wide range of actions impacting the future of digital asset policy. Senate Banking Chair Tim Scott...more
4/28/2025
/ Consumer Protection Laws ,
Federal Reserve ,
Financial Institutions ,
Financial Regulatory Reform ,
National Security ,
New Legislation ,
OCC ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins
In just a few weeks, the landscape for crypto policy has continued to shift dramatically. The president signed into law the repeal of an IRS rule that would have expanded the definition of “broker” to capture DeFi protocols;...more
4/21/2025
/ CFTC ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
Popular ,
Proposed Legislation ,
Regulatory Reform ,
Securities Regulation ,
U.S. Treasury
In light of the approaching April 15 tax filing deadline, this week’s update highlights recent developments in U.S. federal tax policy that may impact crypto firms and crypto holders....more
Despite the Trump administration’s generally favorable stance toward cryptocurrency and blockchain innovation, virtual asset services providers (VASPs) must remain vigilant in complying with anti-money laundering (AML)...more
4/7/2025
/ Anti-Money Laundering ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Crimes ,
FinCEN ,
Popular ,
Risk Assessment ,
Risk Management ,
Trump Administration ,
Virtual Currency
Over the past several years, as U.S. regulators have grappled with the increasing use of cryptocurrency across a spectrum of legitimate and illegitimate commerce, the U.S. Department of Commerce’s Office of Foreign Assets...more
3/28/2025
/ Appeals ,
Constitutional Challenges ,
Cryptocurrency ,
Delisting ,
Economic Sanctions ,
Enforcement Actions ,
Executive Orders ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Smart Contracts ,
U.S. Treasury
The past two weeks have been a whirlwind of activity for the financial and crypto sectors, with developments on Capitol Hill and from key regulatory agencies. President Donald Trump’s nomination of Michelle Bowman as the...more
On February 21, 2025, Dubai-based Bybit, one of the world’s leading cryptocurrency exchanges, suffered a massive security breach, resulting in the loss of approximately $1.5 billion in Ethereum (ETH). The incident, which is...more
3/14/2025
/ Anti-Money Laundering ,
Cryptocurrency ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Digital Assets ,
Financial Crimes ,
National Security ,
Popular ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC)
Congress and federal agencies have continued to back more industry-friendly crypto regulations and appear to be looking for paths forward for new legislation. Under new leadership, the agencies have indicated a willingness to...more
3/7/2025
/ Anti-Money Laundering ,
CFTC ,
Corporate Counsel ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Executive Orders ,
FDIC ,
Financial Regulatory Reform ,
FinTech ,
IRS ,
Regulatory Reform ,
Securities and Exchange Commission (SEC)