Amos Kim

Fintech Firms Pursue DeFi, CBDC Initiatives; Blockchain Integrations Announced; IRS Trains Ukraine on Crypto; FATF Voices Crypto AML Concerns

By Robert A. Musiala, Amos Kim, Christopher Lamb and Joanna F. Wasick on May 22, 2023 Posted in Blockchain

In this issue: • Product Integrations and Data Indicate Increased Interest in DeFi• Fintech Firms and BIS Pursue CBDC Initiatives• Blockchain Applications Announced for DAO Voting, Oracles and Data Security• SEC Brings Crypto Fraud Charges, IRS Trains Ukraine on Crypto Investigations• FATF Chief Urges End to ‘Lawless Crypto Space’ Product Integrations and Data Indicate Increased … Continue Reading

ETH Staking Data Published; Blockchain Solutions Launch; NY AG Proposes Crypto Legislation; UK Targets Crypto ATMs; Crypto Hack Schemes Reported

By Robert A. Musiala, Christopher Lamb, Amos Kim, Keith R. Murphy and Christina Gotsis on May 15, 2023 Posted in Blockchain

In this issue: • ETH Staking Data Published, Blockchain Solutions Launch for Financial Services• New York Attorney General Proposes New Legislation for Crypto Industry• UK Authorities Target Illegal Crypto ATMs• Reports Detail Crypto Malware, Phishing and Hacked Exchange Accounts ETH Staking Data Published, Blockchain Solutions Launch for Financial Services By Christopher Lamb According to a … Continue Reading

ETH Staking Data Published; USDC Transfer Protocol Launches; OFAC Adds Public Keys to SDN List; DOJ Targets Crypto Market Manipulation

By Robert A. Musiala, Joanna F. Wasick, Christopher Lamb and Amos Kim on May 1, 2023 Posted in Blockchain

In this issue: • ETH Staking Data Published, USDC Cross-Chain Transfer Protocol Launches• IRS Modifies 2014 Virtual Currency Guidance• OFAC Adds 20 Cryptocurrency Public Keys to SDN List• DOJ Actions Target Crypto Market Manipulation and Money Laundering ETH Staking Data Published, USDC Cross-Chain Transfer Protocol Launches By Joanna F. Wasick New data reflects that the … Continue Reading

Australia and BIS Address CBDCs; OCC, PCAOB and U.S. Senators Address Crypto Risks; SEC, DOJ and USSS Continue Crypto Enforcement Actions

By Robert A. Musiala, Amos Kim, Keith R. Murphy, Joanna F. Wasick and Lauren Bass on March 13, 2023 Posted in Blockchain

In this issue: • Reserve Bank of Australia and BIS Commence Efforts to Advance CBDCs• Acting Comptroller of the Currency and PCAOB Address Crypto Risks• Binance and Binance.US Face Inquiry from U.S. Senators• SEC and DOJ Continue Enforcement Actions Targeting Crypto Fraud Schemes• Bitcoin ATM Operators Arrested, Charged with Criminal Violations Reserve Bank of Australia … Continue Reading

New ERC-4337 Standard Released; US Bank Regulators, G20, IMF and OSC Address Crypto Risks; DeFi Hack Victims Regain Crypto Via Code Exploit

By Robert A. Musiala, Christopher Lamb, Amos Kim and Christina Gotsis on March 6, 2023 Posted in Blockchain

In this issue:• New ERC-4337 Smart Contract Standard Released to Enhance Wallet Security• US Federal Bank Regulators Issue Joint Statement on Crypto Liquidity Risks• G20 Announces Forthcoming Reports Addressing Global Crypto Regulation• IMF Addresses Crypto Policy; OSC Issues Notice for Crypto Trading Platforms• DeFi Hack Victims Exploit Code Vulnerability to Regain Control of Hacked Crypto … Continue Reading

PoS Principles Published; Crypto Market Analysis and POC Announced; Court Interprets NFTs Under Howey; SEC, CFTC and DOJ Continue Crypto Enforcement

By Robert A. Musiala, Amos Kim, Christopher Lamb, Keith R. Murphy and Joanna F. Wasick on February 27, 2023 Posted in Blockchain

In this issue:• Proof of Stake Alliance Publishes Analysis, Advocates for Industry Standards• BIS Analyzes Crypto Market Data, Digital Asset PoC and Consultation Announced• U.S. District Court Denies Motion to Dismiss Claims that NFTs Are Securities• SEC and CFTC Actions Pursue Crypto Misrepresentation and Fraud Actions• DOJ and New York State Actions Target Crypto Fraud … Continue Reading

DeFi Protocols Announce Updates; FSB Addresses DeFi Risks; Museum to Host NFT Exhibit; Crypto Enforcement Continues; Crypto Crime Reports Published

By Robert A. Musiala, Christopher Lamb, Joanna F. Wasick and Amos Kim on February 17, 2023 Posted in Blockchain

In this issue: • DeFi Protocols Announce Updates, US Bank Introduces Deposit Token Concept• Financial Stability Board Addresses DeFi Risks in New Report• French Museum to Host NFT Exhibit, New Report Provides 2022 NFT Market Data• SEC Proposes to Expand Scope of Custody Rule to Cover All Crypto Assets• DFS Orders End to BUSD; US, … Continue Reading

White House Issues Statement on Crypto; Bitcoin ETF Rejected; Public Keys Added to OFAC List; Regulators Address Digital Assets; Crypto Enforcement Continues

By Robert A. Musiala, Keith R. Murphy, Christopher Lamb, Amos Kim and Lauren Bass on February 3, 2023 Posted in Blockchain

In this issue:• White House Addresses Crypto Risks; Blockchain Firm Wins Air Force Contract• SEC Issues Order Disapproving Spot Bitcoin ETF Application• OFAC Adds Bitcoin and Ethereum Public Keys to OFAC’s SDN List• UK and Hong Kong Financial Regulators Address Digital Assets• Founder of Crypto Fraud Sentenced; South Korea Prosecutors Raid Exchange White House Addresses … Continue Reading

Crypto Market Data Published; Digital Assets RFI Issued; BIS Addresses DeFi; NY DFS Issues Crypto Guidance; SEC Brings Crypto Actions; FBI Addresses Hacks

By Amos Kim, Veronica Reynolds, Lauren Bass, Christopher Lamb, Robert A. Musiala, Teresa Goody Guillén and Joanna F. Wasick on January 27, 2023 Posted in Cryptocurrency

In this issue: Reports Address Crypto Ownership, Stablecoins and Dapp Adoption By Amos Kim Recent reports provide new data on various areas of the digital asset market. In one report, a survey published by a cryptocurrency trading platform found “a significant rise in crypto ownership among young women.” Among other things, the survey found that … Continue Reading

Paper Touts DeFi FX Benefits; New Stablecoin Launched; DAO Toolkit Published; BIS Addresses Crypto Risk; SEC, FinCEN, and DOJ Bring Enforcement Actions

By Robert A. Musiala, Teresa Goody Guillén, Christopher Lamb, Amos Kim, Keith R. Murphy and Joanna F. Wasick on January 20, 2023 Posted in Blockchain

In this issue:• Paper Explores Benefits of DeFi for FX; Australian Bank Launches Stablecoin• World Economic Forum Publishes DAO Toolkit; ETH Staking Continues to Grow• New BIS Bulletin and Thailand SEC Regulations Address Digital Asset Risks• SEC Charges U.S. Crypto Lender and Exchange with Securities Law Violations• FinCEN and DOJ Bring Parallel Actions Against Foreign-Based … Continue Reading

Data Published on Crypto Exchange Volume, NFT Royalties, Crypto Crime; Crypto Adoption Continues; DOJ and CFTC Bring Multiple Enforcement Actions

By Robert A. Musiala, Amos Kim, Joanna F. Wasick, Teresa Goody Guillén and Christopher Lamb on January 13, 2023 Posted in Blockchain

In this issue:• New Data Published on 2022 Crypto Exchange Trading Volume, NFT Royalties• Blockchain Development Firm Integrates Avalanche with Major Cloud Provider• Governments of El Salvador and Nigeria Take Steps Toward Crypto Adoption• DOJ Enforcement: NFT Rug Pull, Insider Trading, Crypto Fraud and Theft• CFTC Action Alleges Digital Asset Market Manipulation on DeFi Exchange• … Continue Reading

Crypto Products Launch; NFTs Allowed for Political Fundraising; Bank Regulators Address Crypto Risk; DOJ/SEC Target Crypto Fraud; Scams Continue

By Robert A. Musiala, Christopher Lamb, Keith R. Murphy, Joanna F. Wasick, Amos Kim and Lauren Bass on January 6, 2023 Posted in Blockchain

In this issue:• Crypto Apps Launch New Features, Custody Firm Achieves CCSS Certificate• NFTs Permitted for Political Fund Raising; Analysis Details NFT Wash Trading• US and International Regulators Address Crypto Risk Factors for Banks• Treasury Dept. and IRS Issue Transitional Digital Assets Guidance for Brokers• DOJ and SEC Actions Target Crypto Fraud and Unregistered Securities … Continue Reading

Crypto Payment Products, DeFi Networks and Price Indices Launch; CBDC Report and NFT Royalty Data Published; FinCEN, FTC Address Crypto Regulation

By Shade Quailey, Joanna F. Wasick, Amos Kim, Keith R. Murphy and Veronica Reynolds on December 9, 2022 Posted in Blockchain

In this issue: Payments Firms Launch Crypto Products, New DeFi Price Indices Announced By Shade Quailey A U.S. fintech company recently announced the launch of a fiat-to-crypto on-ramp, which facilitates fiat-to-crypto payments using “a customizable widget that developers can embed directly into their DEX, NFT platform, wallet, or dApp.” According to a blog post, the … Continue Reading

Crypto Research Published; USPTO Seeks NFT Input; SEC and FINRA Address Digital Assets; OFAC Settles with Exchange; DOJ Enforcement Continues

By Robert A. Musiala, Lauren Bass, Sydney Park, Teresa Goody Guillén, Joanna F. Wasick, Amos Kim and Christopher Lamb on December 2, 2022 Posted in Blockchain

In this issue: • New Research and Surveys Address CBDCs, Institutional Crypto Investment• NFTs: Government Agencies Seek Comments on NFT IP; New Marketplaces Open• Crypto DEX and Wallet Providers Reveal User Data Collection Practices• SEC Commissioner Addresses Digital Assets and Investor Protection Concerns• SEC Institutes Proceedings Against DAO; FINRA Examines Crypto Advertising• New York State … Continue Reading

Crypto Market Data Published; Settlement Pilot Announced; Reports Analyze Crypto Scams; Exchanges Seek to Prove Reserves as Users Withdraw Funds

By Amos Kim, Christopher Lamb, Robert A. Musiala and Keith R. Murphy on November 18, 2022 Posted in Uncategorized

In this issue: New Crypto Market Data Published, Blockchain Settlement Pilot Announced CFPB Publishes Report on Crypto Scams; Study Analyzes Scams on Uniswap Multiple Cryptocurrency Exchanges Intend to Publish ‘Proof of Reserves’ Users Move Crypto Off of Exchanges, Tether Freezes $47M in USDT New Crypto Market Data Published, Blockchain Settlement Pilot Announced By Amos Kim … Continue Reading

CBDC Report Published; Crypto and NFT Initiatives Launch; OFAC Redesignates Tornado Cash; SEC and CFTC Target Crypto Fraud; FTX Files for Bankruptcy

By Robert A. Musiala, Veronica Reynolds, Amos Kim, Joanna F. Wasick and Christopher Lamb on November 11, 2022 Posted in Blockchain

In this issue: • CBDC Report Published, Blockchain Settlement and Payment Initiatives Launch• NFT World Cup Initiative Launched, Market Actors Launch NFT Royalty Solutions• OFAC Redesignates Tornado Cash, Mixer Receives Hacked Crypto• SEC, CFTC Bring Enforcement Actions Involving Fraudulent Crypto Trading Bots• FTX Files Bankruptcy Amid Binance’s FTT Selloff and Incoming DOJ Probe CBDC Report … Continue Reading

Crypto Products and DeFi Pilot Launch; Reports Address NFT Royalties, Ethereum PoS Efficiency; IRS, CFTC, Address Crypto; Exchange Hacked for $28M

By Robert A. Musiala, Amos Kim, Joanna F. Wasick, Teresa Goody Guillén and Sydney Park on November 4, 2022 Posted in Blockchain

In this issue: • New Crypto Products Launch; Singapore Completes DeFi Pilot with Major Banks• Report Provides New Data on NFT Royalties and Explores Related Issues• Ethereum Efficiency Data Published; Blockchain Infrastructure Projects Launch• IRS Updates Digital Asset Guidance, CFTC Commissioner Warns of Crypto Risk• Crypto Exchange Hacked for $28M; Reports Address Ransomware, Crypto Scams … Continue Reading