On July 17, 2025, Congress passed the Guiding and Establishing National Innovation for U.S Stablecoins Act (“GENIUS Act” or “Act”) – a landmark piece of legislation that received bipartisan support and was signed into law by...more
7/30/2025
/ Blockchain ,
BSA/AML ,
CFTC ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Financial Institutions ,
Financial Regulatory Agencies ,
FinCEN ,
FinTech ,
NCUA ,
New Legislation ,
OCC ,
Regulatory Agenda ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
Stablecoins
At present, Cryptoassets are largely unregulated in the UK. However, the growth of crypto cannot be ignored and many argue that regulators need to take action to ensure adequate consumer protections are in place and to...more
1/31/2025
/ AML/CFT ,
Cryptoassets ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
FSMA ,
Legislative Agendas ,
Non-Fungible Tokens (NFTs) ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
UK
Shortly before Thanksgiving, a panel of the United States Court of Appeals for the Fifth Circuit ruled that the Office of Foreign Assets Control (“OFAC”) did not have the authority to sanction Tornado Cash, which offers a...more
12/19/2024
/ Chevron Deference ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Economic Sanctions ,
International Emergency Economic Powers Act (IEEPA) ,
Loper Bright Enterprises v Raimondo ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
SDN List ,
Smart Contracts ,
U.S. Treasury
On December 4, 2024, the Commodity Futures Trading Commission (“CFTC”) released its enforcement results for Fiscal Year 2024 (“FY 2024”), showcasing record awards of monetary relief totaling more than $17.2 billion....more
12/6/2024
/ CFTC ,
Civil Monetary Penalty ,
Compliance ,
Digital Assets ,
Enforcement Actions ,
Enforcement Statistics ,
Futures ,
Market Manipulation ,
Reporting Requirements ,
Risk Management ,
Swaps
The Commodity Futures Trading Commission ("CFTC") recently released its enforcement results for Fiscal Year 2023 ("FY 2023"), which ran from October 1, 2022, through September 30, 2023. ...more
4/8/2024
/ Annual Reports ,
CFTC ,
Compliance ,
Confidential Information ,
Cooperation ,
Corporate Counsel ,
Digital Assets ,
Enforcement Actions ,
Enforcement Statistics ,
Professional Misconduct ,
Reporting Requirements ,
Risk Management ,
Spoofing