New Crypto Payment and Staking Services Launch, Bank to Pilot Crypto Trading -
According to recent reports, Transak, a leading payments infrastructure provider for crypto and NFTs, has announced a strategic collaboration...more
2/5/2024
/ Blockchain ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Services Industry ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Smart Contracts
New Data Published on Cryptocurrency Market Growth -
CoinGecko recently released its 2023 Annual Crypto Industry Report. According to the report, “the crypto market experienced a surge in anticipation related to ETFs” and...more
1/29/2024
/ Bitcoin ,
Bitcoin Mining ,
Blockchain ,
Compliance ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Currency ,
Financial Industry Regulatory Authority (FINRA) ,
FinTech ,
Hackers ,
Securities and Exchange Commission (SEC) ,
Stablecoins
On January 10, the U.S. Securities and Exchange Commission (SEC) simultaneously approved eleven spot bitcoin Exchange Traded Funds (ETFs) on an accelerated basis based on its Order Granting Accelerated Approval of Proposed...more
1/16/2024
/ Advisory Committee ,
Bitcoin ,
CFTC ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
ETFs ,
Financial Industry Regulatory Authority (FINRA) ,
Futures ,
Information Reports ,
Non-Fungible Tokens (NFTs) ,
Regulatory Oversight ,
Scams ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
Crypto Exchange Receives CFTC License; Ratings Agency Scores Stablecoins -
A recent press release announced that Bitnomial, “a US-regulated digital asset derivates exchange,” has been granted “a US clearinghouse license to...more
1/8/2024
/ CFTC ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Enforcement Actions ,
GAO ,
Hackers ,
INTERPOL ,
IOSCO ,
Non-Fungible Tokens (NFTs) ,
Rating Agencies ,
Scams ,
Securities and Exchange Commission (SEC) ,
Stablecoins
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
Crypto Firms Announce Initiatives in Payments, Mining, DAOs and More -
Recent reports provided details on new developments across the cryptocurrency market...more
Digital Asset Exchanges Launch Margin Futures, Stablecoins, Custody Product -
The digital asset affiliate of one of the world’s largest derivatives exchanges recently published a press release announcing that it will...more
Crypto Custody Providers Launch Institutional Focused Offerings -
According to a recent press release by BitGo, a major U.S. cryptocurrency custody provider, BitGo’s GoNetwork and Copper’s ClearLoop have entered into a...more
11/13/2023
/ Banks ,
Bureau of Industry and Security (BIS) ,
Cryptoassets ,
Cryptocurrency ,
Debit Cards ,
Digital Assets ,
Digital Wallets ,
Distributed Ledger Technology (DLT) ,
EU ,
European Banking Authority (EBA) ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Popular ,
Stablecoins
Swiss Banks Launch Tokenization Pilot, Crypto Custody and Trading Services -
A recent press release announced a pilot by “SIX, the Swiss National Bank (SNB) and six commercial banks” that seeks “to test, in a live...more
11/6/2023
/ Banking Sector ,
Central Bank Digital Currency (CBDCs) ,
Cryptoassets ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
Financial Conduct Authority (FCA) ,
Fraud ,
GAO ,
Hong Kong ,
New Guidance ,
Popular ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Switzerland ,
UK
Banks Complete Stablecoin Pilot, Crypto Indices and Web3 Solutions Launch -
According to recent reports, a major German bank and an affiliate of a major British bank have completed a pilot in which stablecoin swaps were...more
10/30/2023
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
EU ,
European Central Bank ,
FinCEN ,
Hackers ,
Popular ,
Proposed Rules ,
Stablecoins
Financial Firm Completes CBDC Pilot; Exchanges Launch P2P Trading Platform -
A major U.S. financial services firm recently published a press release announcing that it has “successfully demonstrated capabilities of a new...more
10/23/2023
/ Banking Regulators ,
Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Governor Newsom ,
Hamas ,
New Legislation ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Risk Management
U.S. Bank Launches Blockchain Network, Crypto Bank Gains Securities License -
According to recent reports, the largest bank in the U.S. has gone live with its blockchain-based Tokenized Collateral Network (TCN) and...more
10/16/2023
/ Blockchain ,
Canada ,
Canadian Securities Administration ,
Cryptocurrency ,
Cyber Crimes ,
Decentralized Finance (DeFi) ,
Digital Assets ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Hackers ,
Hamas ,
New Guidance ,
Popular ,
Regulatory Authority ,
Securities ,
Stablecoins ,
Terrorism Funding ,
UK ,
United Arab Emirates (UAE)
Crypto Firms Continue to Launch New Initiatives Across Markets -
In a recent press release, digital asset infrastructure firm Fireblocks announced its acquisition of BlockFold, “a smart contract development and...more
10/9/2023
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
IMF ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Stablecoins ,
Virtual Currency
Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...more
10/6/2023
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cyber Crimes ,
Cyber Insurance ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Extortion ,
FinCEN ,
Hackers ,
Ransomware ,
Risk Assessment ,
Risk Management ,
Risk Mitigation ,
Scams ,
Smart Contracts
Financial Firms Launch Crypto Products for Custody, Tokenization and Staking -
In a recent press release, BitGo announced its plans “to create the first Bitcoin-only trust company” by partnering with Swan Bitcoin, a leading...more
9/25/2023
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Data Collection ,
Delisting ,
Digital Assets ,
Fashion Branding ,
Information Reports ,
Listing Rules ,
Non-Fungible Tokens (NFTs) ,
NYDFS ,
Popular ,
Search Engines ,
Smart Contracts ,
Tokenization ,
Virtual Currency
Financial Services Firms Expand Cryptocurrency Custody Services -
According to recent reports, the cryptocurrency custody arm of a major international bank has launched its institutional cryptocurrency custody services in...more
9/18/2023
/ Blockchain ,
Bureau of Industry and Security (BIS) ,
CFTC ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Enforcement Actions ,
FBI ,
Hackers ,
IOSCO ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Ripple ,
Scams ,
Securities ,
Securities and Exchange Commission (SEC) ,
Theft ,
Virtual Currency ,
Wash Trades
The Internal Revenue Service (IRS) and the Department of the Treasury issued a 282 page notice of proposed rulemaking regarding digital assets and broker reporting on Aug. 26 (the Proposed Regulations), nearly two years after...more
9/14/2023
/ Brokers ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Infrastructure Investment and Jobs Act (IIJA) ,
Internal Revenue Code (IRC) ,
IRS ,
Non-Fungible Tokens (NFTs) ,
NPRM ,
Payment Processors ,
Popular ,
Public Hearing ,
Reporting Requirements ,
Stablecoins ,
U.S. Treasury
SWIFT Publishes Blockchain Pilot Findings; Firms Announce USDC Integrations -
According to a recent press release, the Society for Worldwide Interbank Financial Telecommunication (Swift) recently published a report with...more
9/11/2023
/ Accounting Standards ,
AML/CFT ,
Asia Pacific ,
Bitcoin ,
Blockchain ,
Crypto Exchanges ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
ETFs ,
Fair Market Value ,
FASB ,
FATF ,
Financial Stability Board ,
Hong Kong ,
Information Reports ,
International Monetary Fund ,
Popular ,
Securities and Exchange Commission (SEC)
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
US Exchange Approved for Crypto Futures; Wallet Integrates with Fintech Firm -
A major U.S. cryptocurrency exchange recently announced that it has secured regulatory approval from the National Futures Association (NFA) to...more
8/21/2023
/ CFTC ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Digital Wallets ,
Enforcement Actions ,
FBI ,
FinTech ,
Fraud ,
Hackers ,
Scams ,
Securities and Exchange Commission (SEC)
U.S. Fintech Firm Launches Stablecoin; Circle Launches ‘Programmable Wallets’ -
A major U.S. fintech and payments firm recently announced the launch of a U.S. dollar-denominated stablecoin, PYUSD. According to a press...more
8/14/2023
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Enforcement Actions ,
Financial Services Industry ,
FinTech ,
Initial Coin Offering (ICOs) ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Token Sales
Federal District Court Enters Default Judgment Based on NFT Service of Process -
A federal district court judge in Florida entered a $2.2 million default judgment against a defendant on whom the judge previously authorized...more
8/10/2023
/ Blockchain ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Enforcement Actions ,
Ethereum ,
Fraud ,
IRS ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Revenue Procedures ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Unregistered Securities
U.S. Central Bank Launches Instant Payment Service -
A recent press release by the U.S. central bank announced that “its new system for instant payments, the FedNow® Service, is now live.” According to the press release,...more
8/3/2023
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Platforms ,
Enforcement Actions ,
Federal Reserve ,
GAO ,
Hackers ,
Payment Systems ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury
French Bank Licensed to Offer Crypto Services, New Crypto Products Launch -
According to recent reports, one of the largest banks in France recently received the first license for crypto services issued by the French...more