Tag Archives: blockchain

FinCEN Proposes New Crypto Record-Keeping Rules; SEC and CFTC Issue Digital Asset Guidance; SEC Closes 2020 With Multiple Enforcement Actions Against Blockchain Firms

In this issue: • FinCEN Proposed Rule Creates New Cryptocurrency Record-Keeping Requirements • SEC Issues Statement on Digital Asset Custody, CFTC Issues Digital Assets Primer • SEC Closes 2020 With Multiple Blockchain Industry Enforcement Actions FinCEN Proposed Rule Creates New Cryptocurrency Record-Keeping Requirements By: Robert A. Musiala Jr. On Dec. 18, 2020, the Financial Crimes … Continue Reading

Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, Crypto Regulation Evolves in UK, Estonia and Germany; Blockchain Solutions Launch for Wine, Royalties, Clothing

By Joanna F. Wasick, Robert A. Musiala and Jordan R. Silversmith on December 18, 2020 Posted in Blockchain

In this issue: • Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed • Blockchain Solutions Launch in Wine, Royalties Management and Clothing Industries • UK and Estonia Take Diverging Approaches to Crypto Registration, Dark Market Seized Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed By: Joanna F. … Continue Reading

Telegram: Deconstructing One of the Biggest Blockchain Cases of 2020

By Robert A. Musiala, John Harrington, Teresa Goody Guillén, Adam Gale, Jonathan A. Forman and Veronica Reynolds on December 14, 2020 Posted in Blockchain

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

By Veronica Reynolds, Robert A. Musiala, Jordan R. Silversmith, Marc Powers and Teresa Goody Guillén on December 11, 2020 Posted in Blockchain, Cryptocurrency, Tax

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

New Crypto Payment Services Launch; Blockchain Pilots Announced for Agriculture, Textile, Seafood Supply Chains; DeFi Project Hacked for $7 Million

By Joanna F. Wasick, Robert A. Musiala and Jordan R. Silversmith on November 20, 2020 Posted in Bitcoin, Blockchain, Cryptocurrency

In this issue: • New Crypto Payment Services Launch, Bitcoin ATM Firm Asserts Patent Rights • Blockchain Pilots Announced in the Agricultural, Textile and Seafood Industries • Spanish Police Target Crypto Front Company, DeFi Project Hacked for $7 Million New Crypto Payment Services Launch, Bitcoin ATM Firm Asserts Patent Rights By: Joanna F. Wasick Late … Continue Reading

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

By Jordan R. Silversmith, Robert A. Musiala and Veronica Reynolds on November 13, 2020 Posted in Blockchain, Cryptocurrency, ICOs

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

US Crypto Debit Card Launches, Cayman Islands Announces VASP Regulations, Enterprise Developments in Telecom and Transport, DOJ Seizes $1 Billion in Bitcoin

By Joanna F. Wasick, Robert A. Musiala and Jordan R. Silversmith on November 6, 2020 Posted in Blockchain, Cryptocurrency

In this issue: • US Crypto Debit Card Launches, Cayman VASP Regs Announced, INX to List in Canada • Blockchain Developments in Telecommunications, Transportation and Digital Identity • DOJ Seizes $1 Billion in Bitcoin from Silk Road, DOJ and CFTC Prosecute Crypto Fraud US Crypto Debit Card Launches, Cayman VASP Regs Announced, INX to List … Continue Reading

US Bank Crypto Services Proceed, Crypto Debit Cards Launch in US and Mexico, Blockchain Enterprise Developments, and Crypto Enforcement Continues

By Robert A. Musiala, Jordan R. Silversmith and Joanna F. Wasick on October 30, 2020 Posted in Blockchain, Cryptocurrency

In this issue: • US Bank and Trust Companies Move Forward with Cryptocurrency Services • Cryptocurrency Debit Cards Launch in the United States and Mexico • Blockchain Developments in Protocols, Healthcare, Copyrights, E-Signatures, IoT • Enforcement Actions Target Crypto SIM Swapping and Ponzi Schemes US Bank and Trust Companies Move Forward with Cryptocurrency Services By: … Continue Reading

Major U.S. Firm Offers Cryptocurrency Services, Blockchain Solutions Launch Across Industries, CFTC Issues Crypto Guidance, FinCEN Fines Tumbler Service

By Robert A. Musiala, Teresa Goody Guillén and Joanna F. Wasick on October 23, 2020 Posted in Blockchain, Cryptocurrency, Supply Chain

In this issue: • Major U.S. Payments Firm Launches Cryptocurrency Service as Adoption Grows • Blockchain Supply Chain, Copyright and Satellite Comms Solutions Launch • CFTC Guidance Addresses Crypto Deposits, Travel Rule White Paper Published • Arrests Target Criminal Network Using Crypto, FinCEN Fines Tumbler Operator Major U.S. Payments Firm Launches Cryptocurrency Service as Adoption … Continue Reading

US Firms Invest in Bitcoin; Blockchain Consortia Expand; Industry and Regulators Address Tech Standards, CBDCs, Crypto Investments, Enforcement, Stablecoins, Taxes

By Joanna F. Wasick, Jordan R. Silversmith and Robert A. Musiala on October 16, 2020 Posted in Bitcoin, Blockchain, Tax

In this issue • Fintech Firm Brings $50 Million BTC on to Balance Sheet, Major CBDC Report Published • US Firms Announce Crypto Investment Initiatives, Crypto Fundraising Report Published • Blockchain Consortia Expand, Reports Detail Blockchain Standards and Economic Impact • US and Foreign Guidance Addresses Crypto Enforcement, Stablecoins, Taxes and More Fintech Firm Brings … Continue Reading

U.S. Crypto Exchange Approved as Wyoming Bank; Firms Integrate Blockchain for Data Management; Multiple Enforcement Actions by Treasury, SEC, DOJ and CFTC

By Robert A. Musiala, Jordan R. Silversmith and Marc Powers on September 18, 2020 Posted in Blockchain, Cryptocurrency, ICOs, Securities & Exchange Commission

In this issue: • U.S. Crypto Exchange Approved as Wyoming Bank, MSB Regulations to be Simplified • Auto, Mining and Financial Firms Integrate Blockchain for Data Management • OFAC, DOJ, IRS and FATF Take Various Actions Against Cryptocurrency Crimes • SEC Charges ICO Issuers, DOJ and CFTC Charge Defendants in Crypto Fraud Schemes • DOJ, … Continue Reading

CBDC Test Platform Launches, Crypto Adoption Report Published; Air Force Awards Contract to Study Blockchain Applications; Past Bitcoin Code Vulnerabilities Disclosed

By Robert A. Musiala, Jordan R. Silversmith and Joanna F. Wasick on September 11, 2020 Posted in Bitcoin, Blockchain, Cryptocurrency

In this issue: • CBDC Testing Platform Launches, Crypto Adoption and Bitcoin Payment Options Grow • Air Force Awards Contract to Study Blockchain, Retailer Reports Successful Invoice Pilot • Hackers Demand $4 Million Bitcoin Ransom, Past Bitcoin Code Vulnerabilities Disclosed CBDC Testing Platform Launches, Crypto Adoption and Bitcoin Payment Options Grow By: Robert A. Musiala … Continue Reading

IRS Addresses Crypto Micropayments, Blockchain Shipping Platforms Expand, DOJ Ties North Korea Crypto Hacks to Chinese Traders, FBI Thwarts Plot Involving Bitcoin Bribe

By Robert A. Musiala, Joanna F. Wasick, Teresa Goody Guillén and Jordan R. Silversmith on September 4, 2020 Posted in Bitcoin, Blockchain, Cryptocurrency

In This Issue: • IRS Addresses Taxing Crypto Received in Microtasks, Swiss Enable Crypto Payments • Blockchain Shipping Platforms TradeLens and ShipChain Expand Networks • North Korean Crypto Hacks Laundered by Chinese; Crypto Compliance Tools Launch • FBI Thwarts Plot Tied to Bitcoin Bribe, Ethereum Classic Suffers 51% Attack IRS Addresses Taxing Crypto Received in … 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

By Robert A. Musiala, Veronica Reynolds and Joanna F. Wasick on August 28, 2020 Posted in Bitcoin, Blockchain, Cryptocurrency

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

Federal Reserve Addresses Digital Currencies, Financial Firms Announce Crypto Initiatives, Blockchain Solutions Announced, Enforcement Actions in US and Ukraine

By Robert A. Musiala and Jordan R. Silversmith on August 21, 2020 Posted in Blockchain, Cryptocurrency, Supply Chain

In this issue: • Federal Reserve Addresses CBDCs Amid Crypto Initiatives by US and Foreign Firms • Blockchain Initiatives Announced in Supply Chain, Voting, Ports and Collaborations • Crypto Enforcement Announced by SEC, DOJ, and Texas, Alabama and Ukraine Agencies Federal Reserve Addresses CBDCs Amid Crypto Initiatives by US and Foreign Firms By: Robert A. … 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

By Veronica Reynolds, Robert A. Musiala and Joanna F. Wasick on August 14, 2020 Posted in Blockchain, Cryptocurrency, Food Supply Chain

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 Payment Products Show Gains, Blockchain Initiatives Announced for COVID-19 Data, Regulators Consider Blockchain Issues, Ethereum Classic Suffers 51% Attack

By Robert A. Musiala, Teresa Goody Guillén, Joanna F. Wasick and Jordan R. Silversmith on August 7, 2020 Posted in Blockchain, Cryptocurrency, Food Supply Chain

In this issue: • Announcements Provide Details on New Cryptocurrency Payment Products • Blockchain Use in COVID-19 Data, Food, Beverage Bottles and Wine Supply Chains • Regulators Consider Blockchain Issues in Tax, Banking, Securities and State Services • DOJ Targets Hackers and Darknet Vendors, Ethereum Classic Suffers “51% Attack” Announcements Provide Details on New Cryptocurrency … 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

By Marc Powers, Robert A. Musiala, Veronica Reynolds and Joanna F. Wasick on July 31, 2020 Posted in Cryptocurrency, ICOs

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

By Veronica Reynolds, Robert A. Musiala, Teresa Goody Guillén and Jordan R. Silversmith on July 17, 2020 Posted in Bitcoin, Cryptocurrency, Securities & Exchange Commission

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

By Jordan R. Silversmith, Teresa Goody Guillén, Joanna F. Wasick and Veronica Reynolds on July 10, 2020 Posted in Blockchain, Cryptocurrency, Enforcement

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

By Jordan R. Silversmith, Veronica Reynolds, Robert A. Musiala and Joanna F. Wasick on June 26, 2020 Posted in Blockchain, Cryptocurrency, Food Supply Chain

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

U.S. Air Force Explores Blockchain, Global Blockchain Survey Published, Crypto Debit Card Launches, Compliance Initiatives Announced, Quadriga CX Report Published

By Robert A. Musiala, Jordan R. Silversmith and Teresa Goody Guillén on June 18, 2020 Posted in Blockchain, Cryptocurrency

In this issue: • U.S. and Australia Explore Blockchain Solutions, Global Blockchain Survey Published • U.S. Cryptocurrency Debit Card Launches, Gaming Firm Announces Token Initiative • SEC and Industry Promote Regulatory Compliance Solutions for Blockchain Market • OSC Issues Report Finding QuadrigaCX Operated Like a Ponzi Scheme U.S. and Australia Explore Blockchain Solutions, Global Blockchain … Continue Reading

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

By Jordan R. Silversmith, Joanna F. Wasick, Veronica Reynolds, Robert A. Musiala and Teresa Goody Guillén on June 12, 2020 Posted in Blockchain, Cryptocurrency, Food Supply Chain

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

Crypto Payment Products Target Foreign Markets, Blockchain Enterprise Solutions Launch, Private Lawsuits Target Crypto Firms, Major Mining Malware Attack Detected

By Jordan R. Silversmith, Robert A. Musiala and Teresa Goody Guillén on May 22, 2020 Posted in Blockchain, Cryptocurrency

In this issue: • Payments Evolve: USD Stablecoin Accounts for Latin America and Crypto Debit Cards • Blockchain Initiatives Launch for Food Supply Chain and Intercompany Transactions • Crypto Trade Group Meets With SEC, FinCEN Director Addresses Cryptocurrencies • Private Litigants Continue to Target Major Blockchain Industry Companies • Reports Detail Major Crypto-Mining Malware Attack, … Continue Reading