The Attorney General Alliance (“AGA”) recently issued a collaborative White Paper that signals heightened scrutiny of digital asset businesses by state Attorneys General in coming years. Recognizing that it is “no longer...more
7/13/2022
/ Blockchain ,
Civil Monetary Penalty ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Cyber Crimes ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
Executive Orders ,
FinCEN ,
Fraud ,
Injunctions ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Restitution ,
Securities and Exchange Commission (SEC) ,
State Attorneys General ,
Uniform Commercial Code (UCC)
With offerings across a growing number of online platforms and increased trading volume, NFT issuers, promoters, and buyers should consider the legal and regulatory implications relating to NFTs and federal securities laws....more
6/16/2021
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Financial Industry Regulatory Authority (FINRA) ,
FinHub ,
FinTech ,
Howey ,
Investment ,
Investment Contract ,
Non-Fungible Tokens (NFTs) ,
Securities ,
Securities Act of 1933 ,
Smart Contracts
As NFTs gain popularity, buyers and sellers should consider the potential issues related to federal anti-money laundering laws.
While non-fungible tokens (“NFTs”) have existed for several years, the market for NFTs grew...more
5/19/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Bitcoin ,
Blockchain ,
Compliance ,
Cryptocurrency ,
Customer Due Diligence (CDD) ,
FinCEN ,
Non-Fungible Tokens (NFTs) ,
Peer-to-Peer ,
Popular