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Potential BSA/AML Roadmap – Crypto Exchange Bittrex Enforcement Actions

The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) and Office of Foreign Assets Control (“OFAC”) settled enforcement actions with Washington state-based Bittrex. In the two settlements, Bittrex...more

Crypto Compensation? Bitcoin Bonus? New York State Employers Must Weigh Requests Carefully

If your staff member wants his or her paycheck in cryptocurrency, should you – as an employer keeping up with the times — accommodate the request? You don’t have to work in Silicon Valley or play for the NFL to field this...more

Executive Order on Digital Assets Addresses Regulatory Uncertainty for Startups

On Wednesday, President Biden finally issued a long-awaited Executive Order (the “Order”) directing the government’s regulatory agencies to examine the risks and benefits of cryptocurrencies. Many of our clients have been on...more

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