The US House of Representatives has passed stablecoin legislation as part of “Crypto Week” on Capitol Hill. S. 1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS or the Act), passed the US...more
Coming off a busy 2024, we expect that 2025 will be a landmark year for the Commodity Futures Trading Commission (CFTC or Commission). Rostin Behnam’s resignation as Chairman on January 20 marked the end of the Biden...more
3/11/2025
/ Artificial Intelligence ,
Biden Administration ,
CFTC ,
Decentralized Finance (DeFi) ,
Derivatives ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Executive Orders ,
Final Rules ,
Financial Institutions ,
Financial Markets ,
Proposed Rules ,
Regulatory Agenda ,
Trump Administration
On January 10, 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a proposed interpretive rule that would expand the Bureau’s consumer protection authority under the Electronic Fund Transfer Act (EFTA) and...more
1/30/2025
/ Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Electronic Fund Transfer Act ,
Financial Institutions ,
FinTech ,
Interpretive Rule ,
Proposed Rules ,
Regulation E ,
Stablecoins
On June 6, 2024, the US Department of the Treasury (Treasury) issued a request for information (RFI) on the “uses, opportunities and risks of artificial intelligence (AI) in the financial services sector.” The RFI seeks...more
On January 25, 2024, the Commodity Futures Trading Commission’s (CFTC) Staff issued a request for comment (RFC) on the current and potential uses and risks of artificial intelligence (AI) in the markets that the CFTC...more
A flurry of activity on January 27 signaled continued skepticism from the Federal Reserve of crypto-asset-related activities generally and open, public or decentralized networks in particular....more