The US Congress is advancing legislation to establish a regulatory framework for stablecoins, with the US Senate’s GENIUS Act of 2025 at the forefront. The bill outlines requirements for permitted issuers, redemption...more
The growth of digital assets presents a challenge for global regulators, but also an opportunity to facilitate development of revolutionary access to the modern financial system. A successful way forward will require...more
The year 2020 won’t soon be forgotten. Despite the challenges that the COVID-19 pandemic presented on a global scale, 2020 ushered in new ways of thinking about stablecoin, a type of cryptocurrency that attempts to peg its...more
1/12/2021
/ Bitcoin ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Financial Crimes ,
FinCEN ,
Money Transmitter ,
Regulatory Agenda ,
Regulatory Oversight ,
Stablecoins ,
True Lender ,
Virtual Currency
Regulators on both sides of the Atlantic continue to monitor and address cryptoasset and distributed ledger technology activities. We recently posted on the guidance issued by the US Financial Crimes Enforcement Network on...more
8/16/2019
/ Anti-Money Laundering ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptoassets ,
Cryptocurrency ,
Data Privacy ,
Distributed Ledger Technology (DLT) ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
UK