Yesterday, the White House released a major Report on how digital assets will be regulated in the United States along with a substantial series of recommendations for their near-term future development "to support the...more
On December 4, 2024, the CFTC's Division of Enforcement ("Division") released its enforcement results for Fiscal Year 2024. The results reflected an all-time high for monetary relief, mainly from its resolution of off-channel...more
12/11/2024
/ Anti-Money Laundering ,
Commodity Exchange Act (CEA) ,
Corporate Counsel ,
CTFC ,
Department of Justice (DOJ) ,
Digital Assets ,
Disgorgement ,
Enforcement ,
Fraud ,
Know Your Customers ,
Penalties ,
Restitution ,
Whistleblowers
As we have previously noted, we expect that the second Trump Administration will be significantly more favorable to crypto than the Biden Administration, especially with the recent appointment of David Sacks as the...more
12/9/2024
/ Accounting Standards ,
Administrative Procedure Act ,
Anti-Money Laundering ,
Banking Sector ,
Confidential Supervisory Information ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Innovation ,
OCC ,
Operation Choke Point ,
Policies and Procedures ,
Reputational Injury ,
Risk Assessment ,
Transparency ,
Trump Administration