This week’s consideration of H.R. 3633, the Digital Asset Market Clarity Act of 2025 (CLARITY or the Act) in the U.S. House of Representatives is a pivotal moment for the development of US digital asset regulation. ...more
On January 23, 2025, President Donald Trump signed an executive order laying out his new administration’s vision on digital assets (the Order). The Order reflects Trump’s oft-repeated commitment to make the United States the...more
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 Sept. 18, the New York State Department of Financial Services issued proposed guidance for companies holding virtual currency business licenses and limited-purpose trust companies — collectively referred to as virtual...more
On May 5, New York Attorney General Letitia James announced a landmark legislative proposal—titled the Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act (hereinafter, the Proposal)—to tighten regulations...more
On November 28, the Treasury Department sanctioned two Iran-based individuals for exchanging bitcoin into Iranian rials on behalf of malicious cyber actors involved in the SamSam ransomware scheme. Notably, this action marks...more
12/3/2018
/ Bitcoin ,
Crypto Exchanges ,
Cryptocurrency ,
Digital Currency ,
Economic Sanctions ,
Iran ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Ransomware ,
SDN List ,
U.S. Treasury