Jordan R. Silversmith

Subscribe to all posts by Jordan R. Silversmith

New Stablecoins, Cryptocurrency Products and NFT Initiatives Launch; Ukraine Sells Donated NFT; SEC and OSC Bring Crypto Enforcement Actions

In this issue: • New Fiat-Pegged Stablecoins Launch, BIS Publishes New Findings on CBDCs• Traditional Financial Firms and Startups Launch New Cryptocurrency Products• NFT Ecosystem Expands; Ukrainian Government Sells NFT for Over $100,000• Canadian and US Securities Regulators Continue Crypto Enforcement Actions New Fiat-Pegged Stablecoins Launch, BIS Publishes New Findings on CBDCs By Jordan R. … Continue Reading

Financial Firms and Crypto Networks Launch Initiatives; Nonprofit Challenges Crypto Tax Provision; Crypto Enforcement Continues; UST Analysis Published

By Robert A. Musiala, Veronica Reynolds, Joanna F. Wasick, Jordan R. Silversmith, Keith R. Murphy and Kayley Sullivan on June 17, 2022 Posted in Blockchain

In this issue:• Firms Announce New Crypto Initiatives; Data Published on Crypto and NFT Use• Nonprofit Coin Center Files Lawsuit Challenging Crypto Provision of Tax Code• OpenSea and Chainlink Announce Network Transitions• SEC Investigates Stablecoins, Crypto Exchanges; DOJ Seizes Dark Market• Report Analyzes UST Collapse, Australia Reports Losses to Crypto Scams Firms Announce New Crypto … Continue Reading

New CBDC and NFT Data Released; OFAC Adds Mixer and Public Keys to SDN List; Multiple Crypto Enforcement Actions; Stablecoin Risks on Display

By Robert A. Musiala, Jordan R. Silversmith, Lauren Bass, Veronica Reynolds, Christina Gotsis, Alex Karambelas and Joanna F. Wasick on May 13, 2022 Posted in Blockchain

In this issue: • BIS Releases Survey on CBDC Initiatives; New Crypto Products Launch• 2022 NFT Market Data Released; Brands Continue NFT Initiatives• OFAC Sanctions Cryptocurrency Mixer, Adds New Public Keys to SDN List• Multiple Crypto Enforcement Actions Announced by CFTC, DOJ and SEC• Multistate Enforcement Action Targets Metaverse Casino’s NFT Offering• Algorithmic Stablecoins Collapse; … Continue Reading

Crypto and NFT Pilots Launch Across Industries; Paper Analyzes Bitcoin Use in El Salvador; Crypto Enforcement Continues in US; New Foreign Crypto Regs

By Robert A. Musiala, Joanna F. Wasick, Lauren Bass, Teresa Goody Guillén, Jordan R. Silversmith and Maria Luevano on April 29, 2022 Posted in Blockchain

In this issue: • Crypto Pilots Launch in Social Media, 401(k) Plans and Municipal Bitcoin Mining• NBER Publishes Paper Analyzing Bitcoin Usage in El Salvador• Brands Enter NFT Market Across Industries, New NFT Platforms Launch• Crypto Firm Enters AML Consent Order; Stablecoins and Wallets in Focus• Foreign Governments Publish New Crypto Legislation and Policy Papers• … Continue Reading

New Crypto Payment Initiatives; Regulators Address Crypto in Speeches; Lawmakers Propose Legislation; OFAC Sanctions Crypto Actors; DeFi Hacked

By Robert A. Musiala, Jordan R. Silversmith, Teresa Goody Guillén, Veronica Reynolds, Keith R. Murphy and Joanna F. Wasick on April 8, 2022 Posted in Blockchain

In this issue: • Crypto Payment Initiatives Announced in Stablecoins, Lightning Network, Mining• SEC Chairman and Comptroller of the Currency Address Crypto in Speeches• SEC Addresses Crypto Accounting, Commissioner Peirce Voices Criticisms• Stablecoins Take Center Stage in Proposed Legislation, Reports and UN Donation• OFAC Sanctions Russian Dark Markets, Adds 100 Crypto Public Keys to SDN … Continue Reading

Digital Asset Platforms, Blockchain Supply Chain Initiatives Grow; Enforcement Actions Target Crypto Yield Products and Fraud; DeFi Hacked for $600M

By Robert A. Musiala, Lauren Bass, Alex Karambelas, Jordan R. Silversmith and Joanna F. Wasick on April 1, 2022 Posted in Blockchain

In this issue: • Digital Asset Platforms Expand Across Payments, Art and Sports Industries• Blockchain Supply Chain Initiatives Announced Across Industries• Crypto Exchange Faces Multistate Enforcement Action over Yield Products• DOJ and Manhattan DA Bring Enforcement Actions for NFT and Crypto Fraud• DeFi Network Hacked for over $600 Million in Cryptocurrencies Digital Asset Platforms Expand … Continue Reading

Crypto Payment Offerings Launch; Exchanges Achieve Foreign Approvals; Ukraine Legalizes Crypto; Regulators Issue Warnings; $28M in Bitcoin Seized

By Robert A. Musiala, Veronica Reynolds, Joanna F. Wasick, Kayley Sullivan, Alex Karambelas and Jordan R. Silversmith on March 18, 2022 Posted in Blockchain

In this issue: Payments Firm Unveils Crypto Services, Exchanges Achieve Foreign Approvals Blockchain Network Developments: Ethereum 2.0, Wallets, DAOs and Mining Crypto Legalized in Ukraine; New Crypto Sanctions Screening Tools Launch Regulators Issue Warnings on Crypto Retirement Plans, ATMs and Sanctions DOJ Extradites Individual Charged with Ransomware; $28M in Bitcoin Seized Payments Firm Unveils Crypto … Continue Reading

U.S. Bank Acquires Blockchain Infrastructure; SEC Approves Blockchain-Based Exchange; FTC Warns on Crypto Scams; NFT Threats, Crypto Hacks Reported

By Robert A. Musiala, Veronica Reynolds, Jordan R. Silversmith, Lauren Bass, Joanna F. Wasick and Keith R. Murphy on February 4, 2022 Posted in Blockchain, Cryptocurrency

In this issue: • U.S. Bank Seeks to Launch Stablecoin; New Crypto Payments Data Released • U.S. Bank Seeks to Launch Stablecoin; New Crypto Payments Data Released • FTC Warns of Crypto Scams, IRS Offers Staking Settlement; MAS Bans ATMs • Reports Address NFT Platform Exploits, Wash Trading and Money Laundering • SEC Scrutinizes Crypto … Continue Reading

Crypto Payments Firms Make Moves; NFT and Blockchain Supply Chain Projects Launch; Central Bank Addresses CBDCs; SEC and DOJ Bring Crypto Actions

By Robert A. Musiala, Veronica Reynolds, Keith R. Murphy, Joanna F. Wasick and Jordan R. Silversmith on January 28, 2022 Posted in Blockchain, Cryptocurrency, NFTs, Securities & Exchange Commission, Supply Chain

In this issue: • Crypto Payments Consortium Sells Assets; Other Crypto Firms Make Moves • New NFT Projects Launch in Art, Music, Fashion, Sports and Social Media • Firms Launch Blockchain Supply Chain Initiatives in Pharma and Liquor Products • U.S. Central Bank Addresses CBDCs; Congressman Proposes Crypto Action • SEC Scrutinizes Crypto Interest Accounts … Continue Reading

US Banks Launch New Stablecoin; NFT Markets Expand; OCC Promotes Stablecoin Regulation; Blockchain Networks Evolve; Exchange Hacked for $34M

By Robert A. Musiala, Keith R. Murphy, Lauren Bass, Veronica Reynolds, Joanna F. Wasick and Jordan R. Silversmith on January 21, 2022 Posted in Blockchain, Cryptocurrency, NFTs, Stablecoin

In this issue: • US Banks Launch New Stablecoin, Data Shows Increasing Interest in Crypto • With New Acquisitions and Partnerships, NFT Marketplaces Continue to Expand • Acting Comptroller of the Currency Promotes Stablecoin Regulation • Blockchain Networks Implement Scaling and Operational Initiatives • Major Cryptocurrency Exchange Hacked for $34M, Customers Reimbursed US Banks Launch … Continue Reading

Banks to Use Blockchain for FX; Avalanche Adds USDC; NFT Boom Continues; Regulators Address Crypto Ads, Derivatives; Reports Address Crypto Threats

By Robert A. Musiala, Jordan R. Silversmith, Lauren Bass and Keith R. Murphy on December 17, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, NFTs

• Banks to Use Blockchain for FX Settlement, Avalanche Network Adds USDC • From Auctions to Venture Capital, NFTs Continue to Generate Millions • IMF Calls for Crypto Regs, UK Bans Ads, ISDA Addresses Crypto Derivatives • Cryptocurrency Exchange Hacked for $77M; Reports Discuss Crypto Threats Banks to Use Blockchain for FX Settlement, Avalanche Network … Continue Reading

US Financial Services Firms Announce Crypto Initiatives; Crypto Firms Pursue LATAM Market; Products Launch in DAOs, NFTs; Exchange Hacked for $200M

By Robert A. Musiala, Jordan R. Silversmith, Joanna F. Wasick and Lauren Bass on December 10, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, FinTech, NFTs

• Multiple US Financial Services Firms Announce Cryptocurrency Initiatives • Crypto Firms Pursue LATAM Market, Launch Cold Storage and DAO Products • New NFT Initiatives by Beer Co., Crypto Exchange; NFT Market Report Published • Crypto Exchange Hacked for $200M, Lawsuit Targets Crypto Malware Botnet Multiple US Financial Services Firms Announce Cryptocurrency Initiatives By Robert … Continue Reading

Financial Firms Integrate Crypto Offerings; Congressmen Address Bitcoin ETFs; NFT Boom Continues; Agencies Seek Crypto Oversight; Crypto Hacker Indicted

By Robert A. Musiala, Jordan R. Silversmith, Joanna F. Wasick, Lauren Bass, Keith R. Murphy and Elyssa S. Kates on November 5, 2021 Posted in Bitcoin, Cryptocurrency, Government, NFT, NFTs, Securities & Exchange Commission

• Traditional Financial Firms Integrate Crypto Services, CBDC Reports Published • Congressmen Advocate for Bitcoin Spot ETFs, Australia Issues Crypto ETP Regs • Sports Franchises and Music Platforms Continue to Embrace NFTs • Government Agencies Argue for Increased Oversight of Cryptocurrency Markets • DOJ Charges Cryptocurrency Hacker, Decentralized Exchange Hacked for $139M Traditional Financial Firms … Continue Reading

Crypto Financial Products Launch; G7 Addresses CBDCs; SEC Commissioners and Foreign Regulators Address Crypto; ICO Founders Plead to Tax Evasion

By Veronica Reynolds, Robert A. Musiala, Joanna F. Wasick, Keith R. Murphy and Jordan R. Silversmith on October 15, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, ICOs, Securities & Exchange Commission, Uncategorized

• Crypto Products Launch in Payments, ETFs, DeFi; Bitcoin Mining Data Published • G7 Considers Impact of CBDCs in New Publications • Blockchain Solutions Launch in B2B Software; Cobalt and Leather Supply Chains • SEC Commissioners Address Crypto Market Regulation in Contrasting Speeches • Foreign Regulators Address Crypto Advertising, Mining and Ransomware • ICO Founders … Continue Reading

Crypto Initiatives and Blockchain Supply Chain Solutions Launch; Reports Provide 2021 Crypto Market Stats, Address Risks; DOJ Crypto Team Announced

By Robert A. Musiala, Lauren Bass, Veronica Reynolds and Jordan R. Silversmith on October 8, 2021 Posted in Blockchain, Cryptocurrency, Enforcement, ICOs, NFTs, Securities & Exchange Commission, Uncategorized

• Major Financial Institutions Announce Crypto and Blockchain Initiatives • Blockchain Adopted to Improve Supply Chains and Authenticate Products • Blockchain Reports Publish 2021 Blockchain, DeFi and NFT Stats • Financial Watchdogs Publish Reports Addressing Cryptocurrency Markets • DOJ Announces Crypto Enforcement Team, Warning Issued on French ICO Major Financial Institutions Announce Crypto and Blockchain … Continue Reading

Market Updates in CBDCs, Crypto Funds, BD-ATS Platforms and Stablecoins; DOJ and CFTC Enforcement Continues; DeFi Error Releases Millions in Crypto

By Robert A. Musiala, Veronica Reynolds, Kayley Sullivan, Lauren Bass, Keith R. Murphy and Jordan R. Silversmith on October 1, 2021 Posted in Banking, Bitcoin, Cryptocurrency, Enforcement, Global, Government, NFTs

In this issue: • CBDCs Explored by the U.K., New Zealand and Major Payments Network • New Products Launch in Crypto Funds, BD-ATS Platforms and Stablecoins • Fashion, Sports, Graphic Novels and Art: NFT Market Continues to Expand • Crypto Enforcement: DOJ and CFTC Target Sanctions and Registration Violations • DeFi Error Releases Millions in … Continue Reading

CBDC Initiatives Announced, NFTs Expand Across Markets, Token and Wallet Applications Evolve, SEC and DOJ Target Crypto Fraud, Crypto Hacks Continue

By Robert A. Musiala, Lauren Bass, Veronica Reynolds, Jordan R. Silversmith and Teresa Goody Guillén on September 3, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, Enforcement, NFT, NFTs, Securities & Exchange Commission, Uncategorized

In this issue: • CBDC Initiatives Announced, Blockchain Trade Finance Platform Launches • Baseball, Art, Politics, Commerce: NFT Market Continues to Expand • Gaming Token Shifts Away from Ethereum, MetaMask Announces 10M Users • BitConnect Charged in $2B Crypto Fraud, BitConnect Promoter Pleads Guilty • Seychelles Investigates Crypto Fraud, Singapore Issues Warning for Exchange • … Continue Reading

Crypto Adoption and AML Reports Published, NFT Market Growth Continues, Blockchain Cobalt Pilot Progresses, Crypto Exchange and DeFi Market Hacked

By Robert A. Musiala, Joanna F. Wasick, Lauren Bass, Keith R. Murphy, Jordan R. Silversmith and Kayley Sullivan on August 20, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Global, NFTs, Ransomware, Supply Chain

In this issue: • Crypto Adoption Index Published, Regulators Address Crypto Across Globe •Design, Data and Digital Platforms: NFT Market Domination Continues • Blockchain Cobalt Tracing Pilot Launches, Ethereum-Based Networks to Merge • Bitcoin “Tumbler” Operator Pleads Guilty, Crypto AML Report Published • Cryptocurrency Exchange and DeFi Market Hacked, Crypto Malware Reported Crypto Adoption Index … Continue Reading

New Stablecoin and CBDC Developments, Blockchain Enterprise Initiatives Announced, Crypto Financial Services Firm Targeted by State Regulators

By Robert A. Musiala, Joanna F. Wasick, Jordan R. Silversmith, Keith R. Murphy and Kayley Sullivan on July 23, 2021 Posted in Blockchain, Cryptocurrency, Securities & Exchange Commission

In this issue: • US Stablecoin Issuers Publish New Details on US Dollar Reserves • US Treasury, Bank of Canada and Academics Address Stablecoins and CBDCs • Australian and Georgian Governments Launch Blockchain Initiatives • Crypto Financial Services Firm Targeted by State Securities Regulators • SEC Enforcement Actions Target Cryptocurrency-Related Misrepresentations US Stablecoin Issuers Publish … Continue Reading

Crypto Initiatives Announced in Exchanges, ETFs, Payments; NFT Initiatives Continue; Bitcoin Mining Difficulty Adjusts; Global Enforcement Actions Continue

By Keith R. Murphy, Lauren Bass, Veronica Reynolds, Teresa Goody Guillén and Jordan R. Silversmith on July 16, 2021 Posted in Bitcoin, Cybersecurity, NFT

In this issue: • Cryptocurrency Exchanges, ETFs and Payment Initiatives Announced • Hollywood, Paradise and Banking: NFT Use Cases Continue to Expand • Bitcoin Network Mining Difficulty Adjusts in Wake of China Crackdown • DOJ, CFTC and SEC Target Crypto Fraud, Registration, Anti-Touting Violations • US Ransomware Task Force Announced, Crypto Crimes Continue Across Globe … Continue Reading

USDC Expands to New Blockchains, NFT Sales Continue, FATF Publishes Review of Crypto Standards, US and Global Crypto Enforcement Actions Continue

By Jordan R. Silversmith, Keith R. Murphy, Robert A. Musiala, Kayley Sullivan and Joanna F. Wasick on July 9, 2021 Posted in Blockchain, Cryptocurrency, NFT

In this issue: • USDC Expands to 10 New Blockchains, Crypto Payment Initiatives Launch • NFT Sales Continue Across Sports and Art Markets • FATF Issues Review of Crypto Standards Amid Regulatory News in US and UK • Major Crypto Exchange Faces Global Scrutiny, Announces Compliance Efforts • DOJ Targets Unlicensed Crypto MSBs, Global Enforcement … Continue Reading

NFT Initiatives Continue, Blockchain Tracing Solutions Expand, SEC Targets ICO, Crypto Enforcement Data Published, Regulators Across Globe Address Crypto

By Veronica Reynolds, Jordan R. Silversmith, Teresa Goody Guillén, Joanna F. Wasick and Kayley Sullivan on June 25, 2021 Posted in Blockchain, Cryptocurrency, NFTs, Securities & Exchange Commission

In this issue: • NFT Initiatives Continue, Cryptocurrency Advertising Restrictions Ease • Blockchain Traceability Solutions Expand in Food, Shipping and Jewelry Sectors • SEC Settles ICO Fraud, US Crypto Enforcement Reaches $2.5 Billion • Regulators in Canada, UK and Portugal Address Cryptocurrency Market • China Crypto Crackdown Continues, South Korea Seizes Tax Evader Crypto NFT … Continue Reading

Reports Address CBDCs, Security Tokens; NFT Sales Continue; Blockchain Initiatives Announced; Regulators Address Crypto; SEC Targets ICO Fraud

By Veronica Reynolds, Jordan R. Silversmith, Keith R. Murphy and Teresa Goody Guillén on June 18, 2021 Posted in Blockchain, NFTs, Securities & Exchange Commission

In this issue: • Reports Address CBDCs and Security Tokens, Banks Launch Crypto Initiatives • NFT Sales Continue at Auction House, US Space Force and News Organization • Blockchain Initiatives Announced in Food, Automotive and IP Sectors • US Congress Members and Foreign Regulators Pursue Cryptocurrency Reforms • SEC Charges ICO Fraud, SEC/CFTC Warn Bitcoin … Continue Reading

Ether-Backed Loans and Blockchain Solutions Announced; New Crypto Guidance from CFTC, WEF, Basel, Texas and El Salvador; DOJ Seizes Ransomware Bitcoin

By Jordan R. Silversmith, Veronica Reynolds, Teresa Goody Guillén and Joanna F. Wasick on June 11, 2021 Posted in Bitcoin, Blockchain, Supply Chain

In this issue: • Bank Offers Ether-Backed Loans, Auction and Property Sales Accept Crypto • Supply Chains Innovate with Blockchain, China Launches Copyright Blockchain • CFTC and WEF Comment on DeFi, Basel Addresses Cryptoasset Exposure • Texas Enacts New Blockchain Law, El Salvador Makes Bitcoin Legal Tender • DOJ Seizes Bitcoin from Ransomware Attack as … Continue Reading