A shrinking legislative calendar and the fallout from November’s election results – no matter which party gains the upper hand in the battle for control of Congress – are likely to doom lawmakers’ efforts to pass...more
9/30/2024
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Biden Administration ,
Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Donald Trump ,
Financial Services Industry ,
Kamala Harris ,
Know Your Customers ,
Legislative Agendas ,
Proposed Legislation ,
Securities and Exchange Commission (SEC)
On September 16, 2022, the U.S. Department of the Treasury published a report, “The Future of Money and Payments” (Report), in response to the President’s March 2022 Executive Order on Ensuring Responsible Development of...more
10/3/2022
/ AML/CFT ,
Biden Administration ,
Central Bank Digital Currency (CBDCs) ,
Digital Assets ,
Executive Orders ,
Information Reports ,
Money Services Business ,
Payment Systems ,
Public Policy ,
Stablecoins ,
U.S. Treasury
On Sept. 16, 2022, the White House released a Fact Sheet providing key findings and action items arising from the nine reports addressing digital assets that have been submitted to the president to date consistent with the...more
9/23/2022
/ Biden Administration ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Digital Assets ,
Environmental Protection Agency (EPA) ,
Executive Orders ,
Financial Services Industry ,
Financial Stability Board ,
Innovation ,
Non-Fungible Tokens (NFTs) ,
OECD ,
U.S. Commerce Department ,
U.S. Treasury
On March 9, 2022, President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets (EO) and the White House released a corresponding fact sheet summarizing related key policy objectives. As...more
On April 14, 2021, the U.S. Senate confirmed the nomination of Gary Gensler as the 33rd Chair of the U.S. Securities and Exchange Commission (“SEC” or “Commission”). This change will bring forth a Democratic majority at the...more
4/16/2021
/ Biden Administration ,
CFTC ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Dodd-Frank ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Fraud ,
FSOC ,
Securities and Exchange Commission (SEC) ,
Special Purpose Acquisition Companies (SPACs)