U.S. Financial Services Firms Announce Digital Asset Initiatives -
A major U.S. financial services company and operator of global financial exchanges and clearinghouses recently announced an agreement with the issuer of the...more
4/7/2025
/ CFTC ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
ETFs ,
Financial Services Industry ,
Hackers ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Scams ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Stablecoins ,
Terrorist Financing ,
U.S. Treasury
In a recent press release, Custodial Bank and Vantage Bank announced “America’s first bank-issued stablecoin on a permissionless blockchain.” According to the press release, “[t]he banks collaborated on the mint, transfer and...more
3/31/2025
/ Banking Sector ,
Banks ,
Blockchain ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
ETFs ,
Ethereum ,
Financial Institutions ,
Financial Markets ,
FinTech ,
Hackers ,
Popular ,
Securities Regulation ,
Stablecoins ,
Tokenization
Digital Asset Companies Continue New Product Launches -
Decentralized finance (DeFi) startup Figure Markets recently announced that it has launched “the first interest-bearing transferable stablecoin native to a public...more
3/4/2025
/ Anti-Money Laundering ,
Bitcoin ,
Blockchain ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
Enforcement Priorities ,
Hackers ,
Legislative Agendas ,
Popular ,
Securities and Exchange Commission (SEC) ,
Stablecoins
US Stablecoin Companies Achieve Licenses, Avoid SEC Enforcement Action -
According to a recent press release, Circle, the issuer of USDC and EURC, announced that it is now the “first global stablecoin issuer to achieve...more
7/15/2024
/ Basel Committee on Banking Supervision (BCBS) ,
Blockchain ,
BSA/AML ,
Central Bank Digital Currency (CBDCs) ,
Compliance ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
EU ,
Hackers ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Reporting Requirements ,
Royalties ,
Securities and Exchange Commission (SEC) ,
Stablecoins
Crypto Firms Make Acquisitions, Integrate Products; New Crypto Index Launches -
According to a recent press release, a major U.S. fintech company has announced an agreement to acquire a major digital asset custody provider....more
2/20/2024
/ Blockchain ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Cybersecurity ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
FinCEN ,
FinTech ,
NIST ,
Non-Fungible Tokens (NFTs) ,
Popular
New Crypto Indices Launch; Crypto Firms Announce Product Integrations -
According to a recent press release, SIX, a major Swiss stock exchange and global financial information provider, has launched new SIX Reference Rate...more
2/12/2024
/ Advertising ,
Bitcoin ,
Bitcoin Mining ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Energy Information Association (EIA) ,
Enforcement Actions ,
ETFs ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware ,
SDN List
Crypto Initiatives Focus on Latin America; New Tether Policy Aligns with OFAC -
According to a press release, earlier this month Circle Internet Financial announced a partnership with Nubank, one of Latin America’s largest...more
Major Banks and Technology Firms Launch Stablecoin and Custody Products -
According to recent reports, a major European bank has launched its own stablecoin, “becoming the first big bank to offer digital tokens tracking...more
12/11/2023
/ Blockchain ,
Cryptocurrency ,
Cybersecurity ,
Department of Justice (DOJ) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Services Industry ,
FinTech ,
Popular ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Token Sales
District Court Upholds Tornado Cash Sanctions, DOJ Charges Founders -
On August 17, a Texas federal court found that Tornado Cash, a crypto mixer (which obscures the source of crypto transactions) is an entity that can be...more
8/28/2023
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Conspiracies ,
Criminal Conspiracy ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Department of Justice (DOJ) ,
E-Commerce ,
Enforcement Actions ,
ETFs ,
Hackers ,
Indictments ,
IRS ,
Monetary Authority of Singapore ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Proposed Regulation ,
Singapore ,
Stablecoins ,
U.S. Treasury
Multiple Financial Services Firms Announce New Crypto Products -
A major U.S. financial services firm recently launched its Crypto Credential product, “a set of common standards and infrastructure that will help verify...more
5/8/2023
/ Blockchain ,
CFTC ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement ,
Enforcement Actions ,
Enforcement Priorities ,
Financial Services Industry ,
Fraud ,
Income Taxes ,
Office of Foreign Assets Control (OFAC) ,
Payment Methods ,
Popular ,
Securities and Exchange Commission (SEC) ,
UK
European Bank Launches Stablecoin; Financial Firms Expand Crypto Products -
A subsidiary of a major European financial services firm recently launched EUR CoinVertible (EURCV), an Ethereum ERC20 stablecoin backed 1:1 by...more
4/24/2023
/ Bitcoin ,
Blockchain ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Digital Wallets ,
Enforcement Actions ,
Ethereum ,
Hackers ,
Popular ,
SDN List ,
Stablecoins
Montenegro Announces CBDC Pilot, BIS Compares CBDCs to Stablecoins -
According to a recent press release, “The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions...more
4/17/2023
/ AML/CFT ,
Banks ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Ethereum ,
EU ,
Financial Services Industry ,
Hackers ,
Popular ,
Risk Assessment ,
Stablecoins ,
Tax Liability ,
U.S. Treasury
Staking Market Launches, ‘Defi Cover’ Data Published, DAO Buys Golf Course
According to a recent press release, MetaMask Institutional, “the web3 wallet for organizations,” has launched its “institutional staking...more
3/27/2023
/ Biden Administration ,
Blockchain ,
Celebrities ,
Central Bank Digital Currency (CBDCs) ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Fraud ,
Hackers ,
IRS ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Russia ,
Securities and Exchange Commission (SEC) ,
Wells Notice
On February 1, the U.S. District Court for the Southern District of New York dismissed a putative class action brought by customers of Coinbase Global Inc. and its subsidiary Coinbase Inc. (together, Coinbase), alleging the...more
Crypto Apps Launch New Features, Custody Firm Achieves CCSS Certificate -
According to recent reports, Uniswap V3 was the most used Ethereum contract in 2022, seeing over 15.5 million transactions throughout 2022 and using...more
1/9/2023
/ Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Fraud ,
Fundraisers ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Risk Alert ,
Risk Assessment ,
Scams ,
Securities and Exchange Commission (SEC) ,
Unregistered Securities
Crypto Products Launch, Reports Detail CBDC Pilots and Bank Crypto Exposure -
Last week, Circle Internet Financial, the issuer of USD Coin (USDC), announced plans “to make USDC available on five additional blockchain...more
10/10/2022
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Corporate Bonds ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
FinTech ,
Fraud ,
FSOC ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
U.S. Treasury
Fashion Brands Score with NFTs, but Market Trends Show Threats Abound -
According to a recent report, iconic fashion brands from ready-to-wear sportswear to haute couture have been reaping the financial rewards of their...more
8/29/2022
/ AML/CFT ,
Cease and Desist ,
Criminal Prosecution ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
European Central Bank ,
False Statements ,
Fashion Industry ,
FDIC ,
Fraud ,
New Guidance ,
Non-Fungible Tokens (NFTs) ,
Popular
Bitcoin Network Mining Difficulty Continues Downward Trend Amid Heat Wave -
A recent analysis of Bitcoin mining activity has shown that Bitcoin Network mining difficulty dropped by 5 percent recently, continuing a...more
Fintech and Crypto Firms Announce Myriad New Crypto Product Launches -
This week, a major global payments firm announced the launch of a stablecoin settlement solution that leverages technology by Fireblocks, a digital...more
6/10/2022
/ Bitcoin ,
Blockchain ,
Bureau of Industry and Security (BIS) ,
CFTC ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Embezzlement ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
FinTech ,
Fraud ,
Hackers ,
NYDFS ,
Popular ,
Scams ,
Stablecoins ,
Virtual Currency
New Cryptocurrency Payments Systems, Tokens and Trade Associations Launch -
A leading global cryptocurrency platform has reportedly announced a partnership with a global e-commerce platform that would allow e-commerce...more
6/6/2022
/ Bitcoin ,
Blockchain ,
Bureau of Industry and Security (BIS) ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
European Central Bank ,
Financial Stability Board ,
FinTech ,
Fraud ,
G7 ,
Insider Trading ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Risk Mitigation ,
U.S. Treasury ,
Virtual Currency
A well-known digital currency investment services company announced the launch of its first European exchange-traded fund (ETF), according to a press release this week. The ETF, which will be traded on multiple foreign...more
5/23/2022
/ Bitcoin ,
Bitcoin Mining ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Economic Sanctions ,
Evasion ,
Exchange-Traded Products ,
FinCEN ,
Investment Funds ,
Office of Foreign Assets Control (OFAC) ,
Partnerships ,
Popular ,
Risk Assessment ,
Scams ,
Securities and Exchange Commission (SEC) ,
U.S. Commerce Department
BIS Releases Survey on CBDC Initiatives; New Crypto Products Launch -
The Bank for International Settlements (BIS) recently released the results of its 2021 survey of central bank digital currencies (CBDCs). According to...more
5/16/2022
/ Casinos ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Exchange-Traded Products ,
Korea ,
Metaverse ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Security Risk Assessments ,
Stablecoins
A major U.S. fintech firm recently announced the launch of a “crypto payouts” pilot that will allow a select group of creators to receive cryptocurrency payments through a major social media platform. According to a press...more
5/2/2022
/ 401k ,
Anti-Money Laundering ,
Bitcoin ,
Bitcoin Mining ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Wallets ,
El Salvador ,
Enforcement ,
Evasion ,
FinTech ,
Indictments ,
New Regulations ,
Non-Fungible Tokens (NFTs) ,
Online Platforms ,
Popular ,
Stablecoins
Sports Teams and Messaging Apps Go All-In on NFTs, Potential Hack
Foiled -
A major U.S. football team has reportedly inked a lucrative sponsorship deal with a popular digital asset platform. According to reports, the...more
4/18/2022
/ ATMs ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
FinTech ,
Hackers ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Regulatory Agenda
Last week a fintech company reportedly teamed with a local digital asset exchange in the Philippines to develop a blockchain-based solution for cross-border remittances. According to reports, the partnership aims to increase...more