A new wave of payment innovation is upon us, and it is fueled, at least in part, by digital-first consumers’ and merchants’ concerns about the rising costs of traditional payment methods....more
8/20/2025
/ Anti-Money Laundering ,
Blockchain ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Merchants ,
New Legislation ,
Payment Systems ,
Regulatory Requirements ,
Stablecoins
In a first of its kind enforcement action, the Commodity Futures Trading Commission (“CFTC”) is attempting to hold participating members of a decentralized autonomous organization (“DAO”) liable for alleged violations of the...more
10/5/2022
/ Anti-Money Laundering ,
CFTC ,
Commodity Exchange Act (CEA) ,
Criminal Liability ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Enforcement Actions ,
Futures Commission Merchants (FCMs) ,
Illegal Trading ,
Market Participants ,
Registration Requirement ,
Retail Investors ,
Swap Execution Facilities
On October 8, 2020, the Attorney General’s Cyber Digital Task Force announced the release of a publication entitled Cryptocurrency: An Enforcement Framework (the “Enforcement Framework”). The Enforcement Framework describes...more
10/12/2020
/ Anti-Money Laundering ,
CFTC ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Authority ,
Financial Institutions ,
Jurisdiction ,
Money Laundering ,
Securities and Exchange Commission (SEC) ,
Tax Avoidance