Archives: Bitcoin

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

• 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

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

Financial Institutions Pursue Cryptocurrency and Blockchain Offerings, US Treasury Sanctions Russian Crypto OTC Desk, Multiple DeFi Platforms Hacked

By Lauren Bass, Veronica Reynolds, Joanna F. Wasick and Kayley Sullivan on September 24, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, NFTs, Securities & Exchange Commission

• Traditional Financial Firms Pursue Crypto and Blockchain Market Offerings • States Target Crypto Lending Platform, Alleging Securities Laws Violations • US Treasury Sanctions Russian Crypto OTC Desk, Issues Ransomware Advisory • Cryptocurrency Hackers Continue to Plague DeFi Platforms Traditional Financial Firms Pursue Crypto and Blockchain Market Offerings By Lauren Bass Earlier this week, a … Continue Reading

Market Initiatives Announced in Crypto Compliance, Digital Asset Exchange, Blockchain Enterprise Solutions and NFTs; SEC Chairman Comments on Crypto

By Robert A. Musiala, Kayley Sullivan, Veronica Reynolds and Keith R. Murphy on September 17, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Enforcement, NFTs, Securities & Exchange Commission

• US Firm Acquires Crypto Co., Swiss Digital Asset Exchange Gains License • Enterprise Firms Announce Polygon Integration and Shipping Data Solution • NFT Sells for Record $1.1M, NFT Marketplace Exec Accused of Insider Trading • SEC Chairman Comments on Crypto Market in Senate Committee Speech • US Crypto Exchange Files with NFA, UK FCA … Continue Reading

NFT Market Expands in Alcohol, Athletics and Art; Regulators Warn Against Crypto Risks; U.S. Agencies Target Crypto Fraud

By Lauren Bass, Kayley Sullivan and Veronica Reynolds on September 10, 2021 Posted in Bitcoin, Cryptocurrency, NFT, Platforms

In this issue: • Alcohol, Athletics, and Art: NFT Adoption Continues to Expand • US, UK and Thailand Regulators Warn of Crypto Risks, Act Against Exchange • DOJ and SEC Actions Target Crypto Fraud Scheme and Crypto Exchanges Alcohol, Athletics, and Art: NFT Adoption Continues to Expand By Lauren Bass To celebrate National Rum Day, … 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

Cryptocurrency and NFT Market Growth Continues, Regulators Across Globe Target Crypto Industry as Threats Continue, Global Blockchain Survey Published

By Robert A. Musiala, Veronica Reynolds, Lauren Bass, Teresa Goody Guillén, Keith R. Murphy and Joanna F. Wasick on August 27, 2021 Posted in Banking, Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, Enforcement, Global, NFT, Securities & Exchange Commission

In this issue: •Crypto Market Develops in DeFi, Payments, Compliance and Consumer Adoption • Market Navigation, Fashion Metaverse, Online Tutorials: NFT Adoption Continues • Crypto Compliance Addressed by CFTC, Thai SEC, South Korea and UK FCA • SEC, DOJ and Ontario Securities Commission Bring Crypto Enforcement Actions • Reports Released on Crypto Scams and Malware, … 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

Crypto, CBDC and Blockchain Supply Chain Initiatives Announced; More SEC and FinCEN Enforcement; Crypto Tax Amendment Fails; DeFi Hacked for $600M

By Robert A. Musiala, Veronica Reynolds, Joanna F. Wasick, Teresa Goody Guillén, Nicholas C. Mowbray and Kayley Sullivan on August 13, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Enforcement, Platforms, Securities & Exchange Commission, Tax

In this issue: • Crypto Firms Pursue Bank Charters, Traditional Financial Firms Integrate Crypto • CBDC and Blockchain Remittance Initiatives Launch Across Foreign Markets • Blockchain Supply Chain Initiatives Launch Across Various Industries • SEC Charges DeFi Company and Digital Asset Exchange Platform • FinCEN Settles Enforcement Action Against Major Cryptocurrency Exchange • Senate Passes … Continue Reading

SEC Doubles Down on Crypto Enforcement

By John J. Carney, Teresa Goody Guillén, Adam Gale, Jonathan A. Forman and Michelle Tanney on August 10, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Enforcement, Securities & Exchange Commission, White Collar

In a speech before the Aspen Security Forum on August 3, 2021, Securities and Exchange Commission (“SEC” or “Commission”) Chair Gary Gensler urged lawmakers to provide him with the power to police cryptocurrency trading, referring to it as the “Wild West.”[1] While he noted that the views he was sharing were his own and not … Continue Reading

Cryptocurrency Payment Products and NFT Initiatives Launch, SEC Chairman Addresses Crypto, Pending Legislation Includes New Crypto Tax Reporting Rules

By Robert A. Musiala, Joanna F. Wasick, Lauren Bass, Veronica Reynolds and Nicholas C. Mowbray on August 6, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Enforcement, NFTs

In this issue: • New Crypto Products Launch in Payment Cards, Gold and Sandwiches • More NFTs Launch in Sports, Fashion, Gaming and Charity Auctions • SEC Chairman, Kentucky and UK Address Various Aspects of Crypto Industry • Proposed Legislation Expands Crypto Tax Reporting, Senators Seek Amendment New Crypto Products Launch in Payment Cards, Gold … Continue Reading

Regulator Seeks Comments on DeFi; Crypto Firms Announce Products, Licenses, DAO Application Updates; NFT Boom Continues; OFAC Adds Bitcoin Address

By Robert A. Musiala, Kayley Sullivan, Lauren Bass and Keith R. Murphy on July 30, 2021 Posted in Bitcoin, Cryptocurrency, FinTech

In this issue: • NCUA Seeks Comment on DeFi, Crypto Firms Launch Products, Gain Licenses • Reports Describe Developments in Decentralized Platforms and FinTech Funding • Fashion, Sports, Art and Music: the NFT Market Continues to Boom • OFAC Adds Bitcoin Address to SDN List, Anchorage Selected for USMS Services NCUA Seeks Comment on DeFi, … 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

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

Crypto Investment and Payment Products Launch, BiTA Platform Announced, SEC and OFAC Take Crypto Enforcement Actions, FCA Extends AML Exemption

By Veronica Reynolds, Jordan R. Silversmith and Keith R. Murphy on June 4, 2021 Posted in Bitcoin, Cryptocurrency, Securities & Exchange Commission

In this issue: • Crypto Investment and Payments Products Launch, Payment Data Published • Acquisition Targets ‘Smart Agreements’ Tech, BiTA Platform Launched • SEC and OFAC Take Crypto Enforcement Actions, FCA Extends AML Exemption Crypto Investment and Payments Products Launch, Payment Data Published By: Veronica Reynolds Last week Securitize announced the launch of Securitize Capital, … Continue Reading

Reports Analyze Bitcoin Price, Energy Consumption; SEC Petitioned on NFTs, NFT Platform Sued; FDIC and FATF Focus on Crypto; Hacks and Fraud Continue

By Keith R. Murphy, Teresa Goody Guillén, Veronica Reynolds, Joanna F. Wasick and Jordan R. Silversmith on May 21, 2021 Posted in Bitcoin, Cryptocurrency, NFTs, Ransomware, Securities & Exchange Commission

In this issue: • Reports Analyze Bitcoin Price Crash and Network Energy Consumption • SEC Petitioned on NFTs, NFT Platform Sued in Class Action as More NFTs Launch • FDIC Seeks Info on Crypto, FATF Focuses on DeFi, Payment Solutions Announced • Reports Cover Pipeline Ransomware, Crypto Schemes and DeFi Hacks Reports Analyze Bitcoin Price … Continue Reading

Market Actors Integrate Cryptocurrency into Payment and Investment Products, More NFTs Launched, SEC Staff Issues Crypto Statement, DeFi Hacked for $14M

By Robert A. Musiala, Veronica Reynolds, Teresa Goody Guillén and Joanna F. Wasick on May 14, 2021 Posted in Bitcoin, Cryptocurrency, NFTs

In this issue: • Market Actors Continue to Integrate Cryptocurrency into Payment Systems • US Firms Launch Bitcoin Investment Products and Enhance Crypto Offerings • Auction Houses Continue with NFT Sales, Dictionary Adds ‘Non-Fungible Token’ • SEC Staff Statement Addresses Risks and Monitoring of Bitcoin Futures Funds • Report Provides Data on SEC Cryptocurrency Enforcement … Continue Reading

Firms Enable Crypto Payments; Blockchain Deployed for Luxury Goods, A&D and Postal Services; NFT Hype Continues; Turkey Bans Crypto; DeFi Hacked for $80M

By Keith R. Murphy, Jordan R. Silversmith, Veronica Reynolds and Joanna F. Wasick on April 23, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency

In this issue: • Companies Enable Crypto Payments, Reports Address Market Developments • Blockchain Solutions Deployed for Luxury Goods, A&D and Postal Services • Charitable NFTs Raise Millions, Soccer Player Pelé Announces His First NFT • DOJ Actions Cite Crypto Use, Turkey Bans Crypto, DeFi Hacked for $80 Million Companies Enable Crypto Payments, Reports Address … Continue Reading

Crypto Exchanges Launch Initiatives, NFT Hype Continues, Token Safe Harbor Proposal Updated, Digital Euro Study Published, Hacked Bitcoin is On the Move

By Keith R. Murphy, Veronica Reynolds, Teresa Goody Guillén, Jordan R. Silversmith and Joanna F. Wasick on April 16, 2021 Posted in Bitcoin, Cryptocurrency

In this issue: • Cryptocurrency Exchanges Forge New Paths, Bitcoin ETF Applications Continue • MLB Gets In on NFT Hype, Chinese Alliance Seeks to Bring NFTs to Streamers • Token Safe Harbor Proposal Updated, IRS Memo Addresses Bitcoin Hard Fork • ECB Publishes Survey on Digital Euro, Study Addresses Bitcoin Electricity Usage • Judgment Entered … Continue Reading

CBDC Initiatives Announced Across Globe, US Crypto Firms Pursue Licenses and Form Lobbying Groups, DOJ Targets Unlicensed Crypto MSB

By Veronica Reynolds, Teresa Goody Guillén and Joanna F. Wasick on April 9, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, ICOs

In this issue: • Central Bank Digital Currencies Explored in Thailand, Japan and Sweden • US Crypto Firm Seeks Clearing Agency License, New Lobbying Group Formed • DOJ Targets Unlicensed Bitcoin Money Transmitter, ICO Extortion Scheme Central Bank Digital Currencies Explored in Thailand, Japan and Sweden By: Veronica Reynolds According to a recent press release, … Continue Reading

Financial Firms Launch New Crypto Products, NFTs Trending, Crypto Exchange Acquires Broker-Dealer, SEC, DOJ, IRS and CFTC Actions Target Crypto Actors

By Jordan R. Silversmith, Veronica Reynolds, Joanna F. Wasick, Keith R. Murphy and Robert A. Musiala on April 2, 2021 Posted in Bitcoin, Cryptocurrency

In this issue: • US Institutional Financial Firms, and Fintech Startups, Launch Crypto Products • Creative NFT Launches and Bitcoin Giveaways Continue To Trend • US Crypto Exchange Acquires Broker Dealer, SEC Action Targets Token Sales • US Enforcement Actions Target Cryptocurrency Darknet Activities and Fraud • DOJ and IRS Actions Target Crypto Tax Evaders, … Continue Reading

US Firms Launch Bitcoin Products, Seek Approvals; Federal and State Agencies Take Enforcement Actions Against Cryptocurrency Industry Firms

By Joanna F. Wasick and Keith R. Murphy on March 19, 2021 Posted in Bitcoin, Cryptocurrency

In this issue: • US Firms Launch Bitcoin Products, Seek Approvals, Advocate for Crypto Rules • Multiple Federal and State Agencies Take Actions Against Crypto Industry Firms US Firms Launch Bitcoin Products, Seek Approvals, Advocate for Crypto Rules By: Joanna F. Wasick According to reports, in an internal memorandum issued earlier this week, a major … Continue Reading

Crypto Financial Products Announced, MIT Seeks to Improve Bitcoin Codebase, SEC Addresses Digital Assets, DeFi Hacks Continue, Crypto Theft Data Published

By Keith R. Murphy, Joanna F. Wasick and Teresa Goody Guillén on March 5, 2021 Posted in Bitcoin, Cryptocurrency, Securities & Exchange Commission

In this issue: • Crypto Firms Launch New Services, MIT Seeks to Improve Bitcoin Codebase • Institutional Cryptocurrency Investment Products Advance, New Data Published • SEC Focuses on Digital Assets, DeFi Hacked, Crypto Theft Data Published Crypto Firms Launch New Services, MIT Seeks to Improve Bitcoin Codebase By Keith R. Murphy A San Francisco-based cryptocurrency … Continue Reading

Bahamas CBDC Prepaid Card, Ether Investment Products and Travel Rule Solutions Launch, Crypto Enforcement Settlements by OFAC and NYAG

By Jordan R. Silversmith, Veronica Reynolds, Joanna F. Wasick and Keith R. Murphy on February 26, 2021 Posted in Bitcoin, Cryptocurrency

In this issue: • Bahamas CBDC Integrates with Prepaid Card, Bitcoin Donation Data Published • Ether Investment Products Launch, New Publications Detail Crypto Adoption • Travel Rule Solutions Launch, DeFi Market Dissolves Following SEC Inquiry • Federal and State Agencies Pursue Multiple Cryptocurrency Offenders Bahamas CBDC Integrates with Prepaid Card, Bitcoin Donation Data Published By: … Continue Reading