Veronica Reynolds

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Crypto Trust to Become Bank, FinCEN Comment Period Extended, Navy Awards Blockchain Contract, Dark Market Seized, Illicit Exchange Owner Sentenced

In this issue: • Crypto Trust to Convert to Bank, FinCEN Extends New Rule Comment Period • Bitcoin Firms List on Public Markets, Japan Diverges from SEC on XRP Status • Navy Contracts for Blockchain Solution, SSI Report and Market Data Published • Enforcement Actions Target Dark Web Market and Illicit Crypto Exchange Crypto Trust … Continue Reading

NY DFS Approves New Stablecoin Co., Blockchain Data Solutions Announced, New Cryptocurrency Regulatory and Enforcement Actions in U.S. and Abroad

In this issue: • NY DFS Approves New Stablecoin Company, Crypto Financial Products Continue Growth • Blockchain Used To Enhance Auto Geofencing and Combat Whiskey Fraud • US Financial Regulators Continue Crypto-Focused Regulatory Proposals • OFAC Settles With Crypto Custodian; Enforcement Actions in UK, Italy, Iran NY DFS Approves New Stablecoin Company, Crypto Financial Products … Continue Reading

Telegram: Deconstructing One of the Biggest Blockchain Cases of 2020

The Telegram case is arguably the most important case of 2020 involving the legal classification of blockchain-based digital assets. Because it is often cost-prohibitive for companies to challenge the government in court, the Telegram litigation offered a unique opportunity for the parties to present arguments on several complex legal issues. Given the lack of judicial … Continue Reading

Traditional and Crypto Firms Across Globe Launch New Initiatives, UN Designs Blockchain Land Registry, Privacy Wallets Spark Debate, Crypto Enforcement Continues

In this issue: • Cryptocurrency Firms and Legacy Financial Instituadingtions Worldwide Make Crypto Moves • Traditional and Crypto Firms Partner to Launch Tokenized Stocks and Other Products • UN Designs Blockchain Land Registry; Solutions Address Supply Chain, Energy Efficiency • Crypto Privacy Wallets Spark Debate, Blockstack Says STX Will Shed Security Status • U.S. and … Continue Reading

Ethereum Upgrade and Blockchain Identity Solutions Progress, SEC Addresses Digital Asset Custody, Data Published on ICO Penalties and Crypto Crimes

In this issue: • Ethereum 2.0 Moves Closer to Launch, Blockchain Identity Solutions Announced • SEC Addresses Digital Asset Custody, Crypto Firms Achieve Licenses/Certs • Crypto Fraudster Sentenced, Data on ICO Penalties and Crypto Crimes Published Ethereum 2.0 Moves Closer to Launch, Blockchain Identity Solutions Announced By Jordan R. Silversmith After having launched last week, … Continue Reading

OCC Clarifies Status of Stablecoins, US Agencies Procure Blockchain Applications, Solutions Launch on Hedera Hashgraph and VeChain, DOJ Targets Darknet Markets

In this issue: • OCC Clarifies Status of Stablecoins, Registration Statement Filed for Network Token • US Government Procures Blockchain Solutions, Blockchain Patent Study Published • Hedera Hashgraph Transactions Pass Ethereum, VeChain Supports Food Traceability • DOJ Announces Major Enforcement Action Against Darknet Markets OCC Clarifies Status of Stablecoins, Registration Statement Filed for Network Token … Continue Reading

IPO Using ERC20 Tokens Approved, Report Details APAC Bitcoin Trading Data, Quorum Is Sold/Acquired, Blockchain Initiatives for Coffee and NASA, Crypto Crimes Continue

In this issue: • Blockchain Used in IPO and ATS, Bitcoin Fund Announced, APAC Trade Data Published • Quorum Acquisition Announced, Blockchain Initiatives Launch for Coffee and NASA • Crypto Crimes Continue in Ransomware, Fraud, Wash Trading and Tax Evasion Schemes Blockchain Used in IPO and ATS, Bitcoin Fund Announced, APAC Trade Data Published By: … Continue Reading

Market Developments in Stablecoins, Crypto Loans, Metals/Minerals Supply Chains and More; NY DFS Publishes Crypto “Greenlist”; DOJ Seizes Crypto Used in Terror Scheme

In this issue: • Market Actors Focus on Stablecoins, Crypto-Backed Loans and Real Estate Transactions • Blockchain Announcements in Metals/Minerals, Shipping and Food Supply Chains • NY DFS Publishes Crypto Greenlist, European Guidance Addresses Accounting/Evidence • US DOJ Announces Massive Seizure of Cryptocurrency Related to Terrorist Financing Market Actors Focus on Stablecoins, Crypto-Backed Loans and … Continue Reading

Crypto-Focused Bank Achieves Approval in Wyoming, US HHS Implements Blockchain, NY Challenge to OCC Fintech Charter Continues, ICO Issuer Charged in Fraud Scheme

In this issue: • Crypto-Focused Bank Approved in Wyoming, Initiatives Advance in Foreign Markets • US HHS Implements Blockchain; Clothing, Food and Shipping Platforms Expand • NY Challenges OCC Fintech Charter in 2nd Circuit, Fintech Report Covers First Half of 2020 • ICO Issuer Charged With Fraud in US, Chinese Police Arrest 27 for PlusToken … Continue Reading

Blockchain Payments Reports Published, Coffee and Shipping Industries Adopt Blockchain, SEC and CFTC Charge Blockchain App, Bitcoin Used in Social Media Hack

In this issue: • Monetary Authority of Singapore and World Bank Publish Blockchain Payments Reports • U.S. Coffee Brand and Foreign Shipping Ports Initiate Blockchain Solutions • SEC/CFTC Charge Blockchain App, DOJ Charges Allege Crypto Fraud Related to PPP • Hackers Use Bitcoin in Social Media Fraud, Research Highlights Crypto Threats Monetary Authority of Singapore … Continue Reading

Blockchain Solutions Announced, U.S. Fund Announces Digital Securities, FATF Issues Crypto Reports, U.S. Court Addresses Bitcoin Privacy, Enforcement Actions Continue

In this issue: • Blockchain Solutions Announced in Auto, Shipping, Medical and Aid Sectors • Fund Issuing Digital Securities Obtains SEC Registration, Bitcoin ETP Lists on Xetra • FATF Issues Crypto Reports, U.S. Court Addresses Bitcoin Transaction Privacy • Crypto Enforcement Actions Continue by SEC, CFTC, State and Foreign Agencies Blockchain Solutions Announced in Auto, … Continue Reading

Blockchain Food Tracing Initiatives Add Members, Report Addresses Central Bank Digital Currencies, NY DFS Publishes Crypto Guidance, Enforcement Actions Continue

In this issue: • Seafood Association, Restaurant Chain Announce Blockchain Supply Chain Partnerships • Sweden Report Addresses Central Bank Digital Currencies, Fintech Firms Explore Crypto • NY DFS and UK FCA Publish Crypto Guidance, Firms Announce Compliance Initiatives • U.S. and Foreign Agencies Take Enforcement Actions, Crypto Threat Reports Published Seafood Association, Restaurant Chain Announce … Continue Reading

Blockchain Identity Solutions Advance, Federal Reserve and Financial Regulators Address Blockchain, Crypto Institutional Survey Published, US and Foreign Enforcement Actions

In this issue: • Fish Producer Joins Food Trust, Blockchain Identity Solutions Advance in UK and US • Federal Reserve, CFI, OCC and NY DFS Address Blockchain and Cryptocurrencies • Institutional Cryptocurrency Survey Published, Bitcoin ETP Seeks to Launch in Germany • Accounting Firms and Government Agencies Seek to Acquire Blockchain Analytics Tools • U.S. … Continue Reading

Bitcoin and Blockchain Products Launch in Financial Products and Data Management, Reports Address Crypto Regulatory Risks, Agencies Warn Against New Scams and Hacks

In this issue: • Bitcoin and Blockchain Financial Products Launch in Public Funds, Commodities, Debit Cards and Mining “Hash Contracts” • New Initiatives Leverage Blockchain for Records Management and Data Provenance • Reports Address Regulatory Challenges and Opportunities Involving Crypto Assets • FBI and Philippines SEC Issue Crypto Scam Warnings, New Hacking Methods Reported Bitcoin … Continue Reading

Multiple Blockchain Enterprise and Crypto Payment Initiatives Announced, New Crypto AML Rules in Canada and Singapore, DOJ Enforcement Continues

In this issue: • Blockchain Traceability Developments for Automobile, Pharma and Art Industries • Blockchain Identity and Privacy Solution Developments, Ethereum Used to Avoid Censors • Blockchain Payment Initiatives Introduced in India, Latin America, Thailand and US • New Cryptocurrency Anti-Money Laundering Rules Announced in Canada and Singapore • DOJ Prosecutes Crypto Crimes, Analysis of … Continue Reading

Cryptocurrencies: Forensic Techniques to Meet the Challenge of New Fraud and Corruption Risks

Over the past 11 years, cryptocurrencies have slowly but steadily become more integrated with the mainstream financial system. Like any new technology, cryptocurrencies usher in advantages as well as risks. And as with any new technology, criminals and threat actors are often among the earliest adopters as they attempt to exploit those advantages and risks. … Continue Reading

New US Exchange Launches, India Court Rules in Favor of Crypto Exchanges, OFAC Adds 20 Bitcoin Addresses, DOJ Charges Chinese Nationals for Crypto Money Laundering

In this issue: • Exchanges Expand in US and Gibraltar; India Supreme Court Ruling Favors Industry • Crypto Custody Report Published, Power Plant Installs Mining Operation • 20 Bitcoin Addresses Added to OFAC List, DOJ Charges Detail $100 Million Crypto Hack • SEC Charges Actor Steven Seagal With Unlawful Touting of a Digital Asset Offering … Continue Reading

Blockchain Supply Chain Pilots Expand, Securities Settlement Platform Goes Live, OCC Enters Into Consent Order With NY Bank for Crypto Violations

In this issue: • Interest in Blockchain-Based Supply-Chain Initiatives Continues to Swell • Blockchain Securities Settlement Platform Goes Live, Crypto Payment Solutions Expand • NY Bank Enters Consent Order for Crypto AML Violations as Crypto Threats Continue Interest in Blockchain-Based Supply-Chain Initiatives Continues to Swell By: Veronica Reynolds Interest in blockchain-based supply-chain initiatives continues to … Continue Reading

Making Sense of the Telegram Case

Multiple Parties Weigh In as the Courts Consider Whether a Blockchain Token Is a Security Overview of the Telegram Case Telegram, a global messaging platform, was founded by Russian brothers Nikolai and Pavel Durov in 2013.[1] The platform is popular among cryptocurrency enthusiasts because of its libertarian roots, emphasis on privacy[2] and its group-chat feature, … Continue Reading

Navy Awards Blockchain Contract, Crypto Loyalty Programs Advance, Australia Releases Blockchain Strategy, US Warns on Crypto AML and Continues Enforcement

In this issue: • Blockchain Enterprise Applications Continue to Emerge Across Industries • Crypto Loyalty Rewards, Custody and Stablecoin Initiatives; Equity Swap on Blockchain • Anti-Money Laundering a Global Concern; Australia Releases Blockchain Road Map • Enforcement Agencies Prosecute Crypto Fraud Schemes and Dark Market Actors Blockchain Enterprise Applications Continue to Emerge Across Industries By: … Continue Reading

New Blockchain Solutions, Crypto Products, Regulations and Licenses; 51% Attack Hits, Insurer Traces Ransomware Payment, Crypto Crimes Report Published

In this issue: • Solutions Debut for Wine, Farming Data, Media Authenticity and Credentialing • Blockchain Platforms and Crypto Exchanges Launch Products, Announce Developments • Foreign Regulators Issue New Regulations and Licenses, WEF Launches Consortium • Alleged BTC-e Operator Extradited, Insurer Traces Ransomware Payment, 51% Attack Reported, Crypto Crimes Report Published Solutions Debut for Wine, … Continue Reading

Foreign Regulators Issue Approvals and Guidance, SEC Enforcement Continues, Blockchain Trade Groups File Amicus Briefs, Reports Detail Terrorist Financing Risks

In this issue: • New Approvals From European and Thai Regulators, Canada and WEF Publish Guidance • SEC Targets ICOs, IRS Updates Crypto FAQs, UK Tax Agency Seeks Blockchain Analytics Tool • Chamber of Digital Commerce and Blockchain Association Weigh In on SEC v. Telegram • Reports Address Cryptocurrency Terrorist Financing Risks New Approvals From … Continue Reading

Blockchain Solutions Announced Across Industries, Crypto Threat Warnings Announced Across Agencies

In this issue: • Blockchain Developments in Olive Oil, Shipping, Media and Real Estate • Warnings on SIM Swapping and IEOs, New Research on Crypto Money Laundering Blockchain Developments in Olive Oil, Shipping, Media and Real Estate By: Jordan R. Silversmith On Jan. 14, one of the largest producers of olive oil in the Mediterranean … Continue Reading

New Blockchain Patents, Crypto Mining Expands in US and Russia, French ICO Approved Under New Law, DOJ and INTERPOL Enforcement Actions

In this issue: • Patents Granted to Blockchain Payments Firms, Crypto Mining Expands in Texas and Russia • First ICO Is Approved Under New French Law, New Crypto Bill Is Introduced in US • DOJ Prosecutes Crypto Dark Markets, INTERPOL Fights Crypto Mining Malware • Lawsuit Alleges Legal Malpractice Related to Crypto-Assets Deemed Securities, SEC … Continue Reading
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