In this episode of The Crypto Exchange, Ethan Ostroff and Alexandra Barrage are joined by Matt Bornfreund to discuss recent activities by federal banking regulators and federal legislative developments impacting the digital...more
In this episode of Crypto Exchange, Ethan Ostroff and Alexandra Barrage are joined by partners Joanna Cline and Jay Dubow to discuss the evolving landscape of the SEC's enforcement actions involving cryptocurrencies.
The...more
On March 7, the Office of the Comptroller of the Currency (OCC) issued a significant update regarding the involvement of national banks and federal savings associations in cryptocurrency activities. Interpretive Letter 1183...more
3/13/2025
/ Banks ,
Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Interpretive Letters ,
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
3/13/2025
/ Administrative Appointments ,
CBCA ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Unions ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
FDIC ,
Federal Trade Commission (FTC) ,
Financial Regulatory Reform ,
Financial Services Committee ,
NCUA ,
OCC ,
Popular ,
Trump Administration ,
U.S. Treasury
In this special joint edition of the Crypto Exchange and the Consumer Finance Podcast, host Ethan Ostroff is joined by colleagues James Kim and Chris Willis to discuss the anticipated regulatory approaches to digital assets...more
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
3/5/2025
/ Advertising ,
Anti-Money Laundering ,
ATMs ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Cybersecurity ,
Digital Assets ,
Enforcement Actions ,
FDIC ,
Financial Regulatory Reform ,
Financial Services Industry ,
Fraud ,
Office of Personnel Management (OPM) ,
Popular ,
Securities and Exchange Commission (SEC) ,
Trump Administration
In a stated effort to provide greater clarity on the application of federal securities laws to “crypto assets,” the Securities and Exchange Commission’s (SEC) Division of Corporation Finance has released its views on “meme...more
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
2/27/2025
/ Anti-Money Laundering ,
Consumer Protection Laws ,
Cryptocurrency ,
Department of Government Efficiency (DOGE) ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Industry ,
OIRA ,
OMB ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Telemarketing ,
Trump Administration
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
2/5/2025
/ CARS Rule ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Digital Assets ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Military Lending Act ,
Popular ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Servicemembers Civil Relief Act (SCRA) ,
U.S. Treasury ,
Unfair or Deceptive Trade Practices
After two and a half years, Coinbase, Inc. (Coinbase) and other crypto market participants may finally get an answer for why the Securities and Exchange Commission (SEC) has declined to promulgate rules clarifying how and...more
2/4/2025
/ Administrative Procedure Act ,
Appeals ,
Coinbase ,
Corporate Counsel ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Financial Services Industry ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
In this episode of the Crypto Exchange, Ethan Ostroff is joined by colleagues Pete Jeydel and Matt Orso to discuss a recent landmark decision from the Fifth Circuit regarding Tornado Cash. The court ruled that the Office of...more
On January 10, the Consumer Financial Protection Bureau (Bureau) issued a notice of proposed interpretive rule (Proposed Rule). The deadline for comments is March 31, 2025. The Proposed Rule would apply the Electronic Fund...more
Although Congress has neither formulated a regulatory framework for the digital asset industry nor anointed a federal regulatory agency as the de facto overseer of digital asset-related activities affecting interstate...more
1/8/2025
/ Bitcoin ,
Blockchain ,
CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
Compliance ,
Cryptoassets ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
Enforcement Actions ,
Financial Regulatory Reform ,
FinTech ,
Regulatory Agenda
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
1/8/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Privacy ,
Debt Collection ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Enforcement Actions ,
Federal Reserve ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
HIPAA Security Rule ,
IRS ,
Reporting Requirements ,
Unfair or Deceptive Trade Practices
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations that significantly impact the reporting requirements for brokers involved in digital asset transactions. The stated aim of...more
1/6/2025
/ Administrative Procedure Act ,
Biden Administration ,
Blockchain ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Fifth Amendment ,
Final Rules ,
Financial Regulatory Reform ,
Fourth Amendment ,
Internal Revenue Code (IRC) ,
IRS ,
New Regulations ,
Regulatory Requirements ,
Tax Liability ,
Tax Reform ,
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
11/27/2024
/ Bank Secrecy Act ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Bureaus ,
Credit Scores ,
Debt Collectors ,
Department of Financial Protection and Innovation (DFPI) ,
Digital Assets ,
Digital Wallets ,
Electronic Fund Transfer Act ,
Fair Credit Reporting Act (FCRA) ,
False Advertising ,
FDIC ,
Federal Reserve ,
FHFA ,
Financial Services Industry ,
GMAC ,
Hackers ,
National Association of Attorneys General (NAAG) ,
Non-Bank Lenders ,
Ombudsman ,
Payment Systems ,
Phishing Scams ,
Robocalling ,
Student Loans ,
Truth in Lending Act (TILA) ,
Virtual Currency
In the latest episode of The Crypto Exchange, host Ethan Ostroff is joined by colleagues Brett Broczkowski and Mike Lowe to discuss the intersection of crime and cryptocurrency, with a focus on the challenges financial...more
In the latest episode of The Crypto Exchange, host Ethan Ostroff is joined by Addison Morgan to discuss the recent CFTC enforcement action against Uniswap. The CFTC alleged that Uniswap violated the Commodity Exchange Act...more
On September 29, California Governor Gavin Newsom signed Assembly Bill (AB) 1934 into law, marking a significant update to California’s Digital Financial Assets Law (DFAL). In addition to extending the compliance deadline for...more
On August 19, the U.S. Treasury Department officially withdrew a contentious proposal from 2020 that aimed to impose know-your-customer requirements on non-custodial cryptocurrency wallets....more
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
8/30/2024
/ Banks ,
Broker-Dealer ,
Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Final Rules ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)
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
8/21/2024
/ Anti-Money Laundering ,
Bank Secrecy Act ,
CFTC ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Digital Assets ,
FDIC ,
Final Rules ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Money Laundering ,
Proposed Rules ,
Regulatory Agenda ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
State Attorneys General
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
6/11/2024
/ Broker-Dealer ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
OCC ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)
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
6/5/2024
/ Artificial Intelligence ,
Borrowers ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Debtors ,
Digital Assets ,
FDIC ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Late Fees ,
Mortgages ,
OCC ,
Proposed Rules ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)
In the latest episode of The Crypto Exchange, host Ethan Ostroff is joined by Addison Morgan for an in-depth discussion on the Lummis-Gillibrand Payment Stablecoin Act. This legislation proposes a state and federal regulatory...more