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
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
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
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)
Over the past few weeks, Congress has focused on digital asset regulations through various hearings and press conferences. Committees held key hearings to seek regulatory clarity, proposed new legislation and created a...more
Stablecoins, which are digital assets pegged to fiat currency or other assets, play a crucial role in crypto markets, offering price stability and facilitating transactions. Despite their growing significance, there is no...more
2/10/2025
/ Anti-Money Laundering ,
California ,
Compliance ,
Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
FinTech ,
NYDFS ,
Regulatory Agenda ,
Regulatory Requirements ,
Stablecoins ,
Texas
It’s a new year, and state legislatures around the country are beginning new legislative sessions. We expect to see more of them enacting Article 12 of the Uniform Commercial Code (UCC), which is designed to facilitate...more
1/20/2025
/ Blockchain ,
Compliance ,
Cryptocurrency ,
Digital Assets ,
Electronic Records ,
Financial Institutions ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Purchasers ,
Regulatory Requirements ,
Stablecoins ,
Uniform Commercial Code (UCC)
As we begin the 119th Congress, the nation is also preparing for the new administration to take office in just a few weeks. While federal action on digital assets remains a key focus, this week’s Crypto Policy Tracker shifts...more
1/13/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Banking Sector ,
Compliance ,
Cryptocurrency ,
CSBS ,
Digital Assets ,
Digital Currency ,
FinCEN ,
FinTech ,
Money Transmitter ,
Regulatory Agenda ,
Regulatory Requirements ,
State and Local Government
A significant headwind for companies in the digital asset space is that they have reportedly struggled to secure and maintain relationships with banks, in what is now called “Choke Point 2.0.” With the incoming Trump...more
12/16/2024
/ Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Regulatory Agencies ,
Financial Services Industry ,
FinTech ,
OCC ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Staff Accounting Bulletin ,
U.S. Treasury
In this update, we focus on the potential changes in the executive branch and on the congressional committees that have jurisdiction over cryptocurrency. As the transition unfolds, much attention is on who will stay from the...more
11/25/2024
/ Anti-Money Laundering ,
Board of Governors ,
Choke Point ,
Cryptocurrency ,
Digital Assets ,
Economic Action Plan ,
Executive Branch ,
FDIC ,
Federal Reserve ,
Financial Services Committee ,
Financial Services Industry ,
FinTech ,
GAO ,
NDAA ,
OCC ,
Secretary of the Treasury ,
Securities and Exchange Commission (SEC) ,
Trump Administration
With the 119th Congress set to take office in January, we’re here to keep you up to date on key developments in the fast-evolving landscape of crypto policy. As a reminder, each new Congress starts with a clean slate, meaning...more
11/18/2024
/ Anti-Money Laundering ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Financial Markets ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Stablecoins