The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), on August 8, 2022, sanctioned virtual currency mixer Tornado Cash. OFAC alleged that it had been “used to launder more than $7 billion worth of...more
Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto in Ukraine -
On March 16, Ukrainian President Volodymyr Zelenskyy signed the Law on Virtual Assets. According to a statement by the Ministry of Digital...more
3/24/2022
/ Biden Administration ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Economic Sanctions ,
EU ,
Executive Orders ,
Financial Transactions ,
International Trade ,
Japan ,
Russia ,
Securities and Exchange Commission (SEC) ,
Ukraine ,
Virtual Currency
Senate Holds Hearing on Stablecoins -
The United States Senate Committee on Banking, Housing, and Urban Affairs held a hearing on stablecoins on Tuesday, December 14, 2021, featuring testimony from a cross section of law,...more
12/17/2021
/ Bitcoin ,
Blockchain ,
China ,
Commodities ,
Credit Unions ,
Digital Assets ,
FinCEN ,
Forms ,
IRS ,
Legislative Agendas ,
Mining ,
Regulatory Agenda ,
Stablecoins
U.S. Developments – Regulatory -
U.S. Treasury Foreshadows “Significant New Requirements” -
In testimony before the Senate on Wednesday, Secretary of the Treasury Steven Mnuchin eluded to new regulation. Mnuchin said...more
2/24/2020
/ Blockchain ,
CFTC ,
Coronavirus/COVID-19 ,
Criminal Investigations ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
FinTech ,
IOSCO ,
Securities and Exchange Commission (SEC)