On September 2, the staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a Joint Staff Statement regarding the listing of leveraged, margined, or financed spot...more
9/5/2025
/ Blockchain ,
CFTC ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Designated Contract Markets (DCMs) ,
Digital Assets ,
Digital Currency ,
Financial Markets ,
FinTech ,
Foreign Boards of Trade (FBOT) ,
Joint Statements ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC)
To keep you informed of recent activities, here are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
9/4/2025
/ CFTC ,
Community Reinvestment Act ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Derivatives ,
Digital Assets ,
FCC ,
FDIC ,
Federal Trade Commission (FTC) ,
Final Rules ,
Financial Regulatory Reform ,
Financial Services Industry ,
OCC ,
Proposed Rules ,
Regulatory Agenda ,
Telecommunications ,
Telemarketing Sales Rule ,
Text Messages
In a significant move aimed at enhancing regulatory clarity and fostering global market access, particularly for offshore cryptocurrency firms, the U.S. Commodity Futures Trading Commission (CFTC) issued a new advisory on the...more
9/3/2025
/ CFTC ,
Cross-Border Transactions ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
DMO ,
Financial Regulatory Reform ,
Foreign Boards of Trade (FBOT) ,
New Guidance ,
Regulatory Oversight ,
Regulatory Requirements ,
Trading Policies
Last week, Illinois Governor JB Pritzker signed two landmark pieces of legislation aimed at protecting consumers from cryptocurrency scams and fraud. The Digital Assets and Consumer Protection Act (SB1797) and the Digital...more
8/28/2025
/ Anti-Money Laundering ,
Consumer Protection Laws ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Financial Fraud ,
Financial Regulatory Reform ,
Illinois ,
Investment ,
New Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Scams
As digital assets continue to reshape the financial landscape, regulatory clarity around stablecoins is increasingly vital. The GENIUS Act, signed into law by President Trump in July, establishes the first-ever federal...more
8/27/2025
/ Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment ,
National Security ,
New Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins ,
The GENIUS Act ,
Trump Administration
On August 18, the U.S. Department of the Treasury issued a Request for Comment, inviting interested members of the public to provide input on innovative methods to detect and mitigate illicit finance risks involving digital...more
8/25/2025
/ AML/CFT ,
Anti-Money Laundering ,
APIs ,
Artificial Intelligence ,
Blockchain ,
Comment Period ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Financial Crimes ,
Financial Fraud ,
FinCEN ,
FinTech ,
Innovative Technology ,
Money Laundering ,
Public Comment ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Terrorist Financing Regulations ,
The GENIUS Act ,
U.S. Treasury
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
8/20/2025
/ Administrative Resignation ,
Blockchain ,
Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Critical Infrastructure Sectors ,
Cryptocurrency ,
Department of Labor (DOL) ,
Digital Assets ,
Federal Reserve ,
FinTech ,
FRB ,
Hiring & Firing ,
Layoffs ,
Living Will ,
Popular ,
Regulation II ,
Regulatory Agencies ,
Stablecoins ,
The GENIUS Act ,
Trump Administration ,
U.S. Treasury
On August 1, the Commodity Futures Trading Commission (CFTC) announced an initiative aimed at advancing the U.S.’s position in the global cryptocurrency landscape. Acting Chairman Caroline D. Pham revealed the commencement of...more
8/20/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
Financial Markets ,
Financial Regulatory Reform ,
FinTech ,
Investment ,
New Guidance ,
Regulatory Reform ,
Trump Administration
On July 31, the Securities and Exchange Commission (SEC) Chairman Paul Atkins (Chair Atkins) presented “Project Crypto,” an initiative aimed at positioning the U.S. as the global leader in the digital finance world. In his...more
8/6/2025
/ Blockchain ,
Capital Markets ,
Crypto Exchanges ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FinTech ,
Investment ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
8/5/2025
/ Anti-Money Laundering ,
Artificial Intelligence ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Exchange-Traded Products ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
FinCEN ,
Securities and Exchange Commission (SEC)
Since the House passed the CLARITY Act on July 17, the U.S. Senate Banking Committee, which has oversight of the Securities and Exchange Commission (SEC), has been busy working on its own version of the U.S. crypto regulatory...more
8/5/2025
/ Ancillary Agreements ,
Anti-Money Laundering ,
Blockchain ,
BSA/AML ,
CFTC ,
Cryptoassets ,
Digital Assets ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Senate Banking Committee
On July 16, TradeStation Securities, Inc., a member firm of the Financial Industry Regulatory Authority (FINRA), submitted a Letter of Acceptance, Waiver, and Consent (AWC) to FINRA’s Department of Enforcement. This AWC...more
7/31/2025
/ Advertising ,
Broker-Dealer ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
Investment ,
Investors ,
Marketing ,
Regulatory Violations ,
Securities Regulation ,
Trading Platforms
On July 18, America’s Credit Unions sent a letter to the Honorable Kyle Hauptman, Chairman of the National Credit Union Administration (NCUA), urging the agency to initiate rulemaking that would allow credit unions to take...more
7/24/2025
/ Consumer Financial Products ,
Credit Unions ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment ,
NCUA ,
Regulatory Requirements ,
Rulemaking Process ,
Stablecoins ,
The GENIUS Act
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/22/2025
/ Appraisal ,
Commodity Exchange Act (CEA) ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Disparate Impact ,
Diversity and Inclusion Standards (D&I) ,
FCC ,
Federal Reserve ,
Financial Services Industry ,
Gaming ,
Holding Companies ,
Taxation ,
Telecommunications ,
Trump Administration
On July 14, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (the Board), and the Federal Deposit Insurance Corporation (FDIC) jointly issued a statement addressing the...more
7/17/2025
/ Anti-Money Laundering ,
Banking Sector ,
Banks ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Fiduciary Duty ,
Financial Institutions ,
Investment ,
Joint Statements ,
OCC ,
Regulatory Requirements ,
Risk Management
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/16/2025
/ Anti-Money Laundering ,
Blockchain ,
CFTC ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Exchange-Traded Products ,
FDIC ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment ,
New Legislation ,
OCC ,
Popular ,
Regulatory Agencies ,
Regulatory Agenda ,
Regulatory Requirements ,
Stablecoins
Recently, the Department of Financial Protection and Innovation (DFPI) in California issued a consent order against Coinme Inc., a company operating digital financial asset kiosks, commonly known as Bitcoin ATMs, across the...more
On June 26, the Conference of State Bank Supervisors (CSBS) released new guidance regarding the treatment of virtual currency in the calculation of a licensee’s tangible net worth under the Money Transmission Modernization...more
7/9/2025
/ Banking Sector ,
Cryptocurrency ,
CSBS ,
Digital Assets ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Money Transmission Act ,
Money Transmitter ,
New Guidance ,
Regulatory Oversight ,
Regulatory Requirements ,
State and Local Government ,
Virtual Currency
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/8/2025
/ Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
De Minimus Doctrine ,
Digital Assets ,
Fair Housing Act (FHA) ,
FCC ,
FDIC ,
Financial Regulatory Reform ,
HUD ,
Mortgage Servicers ,
New Legislation ,
Regulatory Reform ,
Regulatory Requirements ,
State Legislatures ,
Student Loans ,
Treasury Inspector General for Tax Administration (TIGTA)
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/2/2025
/ Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Credit Reports ,
Cryptocurrency ,
Debt Collection ,
Digital Assets ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Regulatory Reform ,
New Legislation ,
Patriot Act ,
Pending Legislation ,
Regulatory Agenda ,
Regulatory Requirements
On June 24, Senate Banking Chairman Tim Scott (R-SC), Subcommittee on Digital Assets Chair Cynthia Lummis (R-WY), Senator Thom Tillis (R-NC), and Senator Bill Hagerty (R-TN) released a set of guiding principles for the...more
6/27/2025
/ Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Markets ,
Financial Regulatory Reform ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Securities Regulation ,
Senate Banking Committee ,
Stablecoins
On June 17, the U.S. Senate voted 68-30 to pass S.1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act (the Act). This represents a landmark effort by the U.S. Congress to...more
6/25/2025
/ Anti-Money Laundering ,
Bankruptcy Code ,
BSA/AML ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
FinTech ,
Investment ,
National Security ,
Popular ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins ,
Virtual Currency
On Tuesday, June 10, the House Committees on Agriculture and Financial Services both favorably reported to the House H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act (as amended). Both committees gave overwhelmingly...more
6/12/2025
/ CFTC ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Committee ,
Financial Services Industry ,
Government Agencies ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
6/11/2025
/ Administrative Appointments ,
Banking Sector ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Industry ,
Fraud ,
New Legislation ,
Regulation X ,
Regulation Z ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
After years of uncertainty and regulation by enforcement, the U.S. may finally be moving toward a more comprehensive framework for the regulation of digital assets. On June 4, 2025, the House Committee on Financial Services...more
6/10/2025
/ Blockchain ,
CFTC ,
Commodities ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities Regulation ,
Stablecoins