On March 6, President Trump issued an Executive Order establishing a Strategic Bitcoin Reserve capitalized by Government BTC and a U.S. Digital Asset Stockpile capitalized by other crypto assets. Creating the Strategic...more
5/2/2025
/ Banks ,
Bitcoin ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Financial Institutions ,
Financial Regulatory Reform ,
OCC ,
Popular ,
Regulatory Reform ,
Trump Administration ,
U.S. Treasury
The new requirement for companies to comply with the Corporate Transparency Act (CTA) prior to year-end has caused many business owners to ask what other housekeeping work they need to do. All company owners need to maintain...more
In September 2022, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued the final beneficial ownership information (“BOI”) reporting rules (the “BOI Reporting Rules”) of the Corporate...more
Beginning January 1, 2024, many types of legal entities must report information regarding their “beneficial owners” and certain other information (collectively, “BOI”) to the Financial Crimes Enforcement Network (“FinCEN”)....more