News & Analysis as of July 18, 2025

Financial Regulatory Reform

+ Follow

Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender status, Virtual Currency is still traded and exchanged in some environments, typically online environments or communities. Bitcoin is the most well-known form of Virtual Currency. less -

The GENIUS Act: What Is It and What’s Next?

Troutman Pepper Locke on 6/25/2025

On June 17, the U.S. Senate voted 68-30 to pass S.1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act (the Act). This represents a landmark effort by the U.S. Congress to...more

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025 # 5

Troutman Pepper Locke on 5/1/2025

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Fed Opens Debate On U.S. Digital Currency

Foodman CPAs & Advisors on 2/10/2022

Report Examines Pros and Cons of CBDC The Federal Reserve is considering issuing a Central Bank Digital Coin (CBDC), according to a new report considering the pros and cons of such a move....more

Year-end Crypto Roundup — Five Key Concepts About the U.S. Government’s Recent Actions on Virtual Currency and Ransomware

Orrick, Herrington & Sutcliffe LLP on 12/30/2021

The innovative use of virtual currencies is hotter than ever, but so is a dark side of these instruments: their exploitation in ransomware schemes. This year, since January 2021, ransomware attacks have increased...more

The Biden Administration, Cryptocurrency, and FinTech

K2 Integrity on 3/8/2021

Cryptocurrency Landscape - Virtual currency is not just here, it’s hot. The asset class seems to have no boundaries; a recent rise has pushed the market value of bitcoin alone to $1 trillion. ...more

Crypto in the Crosshairs: What Regulatory Themes Characterized 2020?

Latham & Watkins LLP on 1/29/2021

Throughout 2020, cryptocurrencies experienced incremental progress towards the mainstream as institutional investors and financial institutions made positive statements about the nascent asset class, an increasing number of...more

Proposed Rules for Transactions with Unhosted Virtual Currency Wallets

K2 Integrity on 1/6/2021

On 18 December, the Financial Crimes Enforcement Network (FinCEN) at the U.S. Department of the Treasury announced highly anticipated and controversial new proposed requirements designed to mitigate illicit finance risks...more

Germany to Implement EU Anti-Money Laundering Directive with Cryptocurrency Licensing Requirements

Jones Day on 7/1/2019

The Situation: The G20, a forum for governments and central bank governors from 19 countries and the European Union, had made the decision to combat money laundering and terrorism financing activities tied to the use of...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 10/12/2018

Walmart’s retail efforts to keep pace with Amazon are well documented. Now it appears that the company’s refusing to concede the entertainment space, either, as evidenced by its new partnerships with Metro-Goldwyn-Mayer and...more

New York Becomes First State to Propose Virtual Currency Regulations

Davis Wright Tremaine LLP on 8/14/2014

On July 17, 2014, the New York State Department of Financial Services (DFS) became the first state agency to release proposed regulations specifically governing the crypto-currency industry. The proposed regulations were...more

10 Results

View per page

Page: of 1

Virtual Currency › Today's Popular Updates › Financial Regulatory Reform

"My best business intelligence, in one easy email…"