News & Analysis as of

Application Programming Interface (APIs) Financial Institutions Cryptocurrency

Orrick, Herrington & Sutcliffe LLP

Treasury seeks public input on innovative methods to detect illicit digital asset activity

On August 18, the Treasury issued a request for public comment on technologies and strategies to help financial institutions identify and mitigate illicit financial risks involving digital assets. The notice solicited...more

Troutman Pepper Locke

Fed Provides Details of Novel Banking Activities and Cryptocurrency Supervisory Program

Troutman Pepper Locke on

On August 8, the Federal Reserve Board (Fed) issued a press release providing additional information on its Novel Activities Supervision Program (Program) to monitor novel activities in the banks it oversees. Novel activities...more

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