The Securities and Exchange Commission (SEC) recently hosted a Roundtable on Artificial Intelligence in the Financial Industry in Washington, DC (SEC AI Roundtable). The day-long event, which took place on March 27, 2025,...more
The US Department of Justice (DOJ) has announced that Wall Street Exchange (WSE), a Dubai-based money exchange service provider, entered into a non-prosecution agreement (NPA) and agreed to pay more than $9.2 million to...more
2/5/2025
/ Anti-Money Laundering ,
Bank Fraud ,
BSA/AML ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
Foreign Entities ,
Money Laundering ,
Money Transmitter ,
Non-Prosecution Agreements ,
Settlement ,
White Collar Crimes
This periodic bulletin is designed to help companies identify important legal developments governing the use and acceptance of blockchain technology, smart contracts, and digital assets. While the use cases for blockchain...more
1/28/2025
/ Blockchain ,
CFTC ,
Chattel ,
Commodities ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Financial Services Industry ,
IRS ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Smart Contracts ,
Virtual Currency