Tag Archives: CFTC

U.S. Treasury Dept. Publishes Risk Assessment Addressing Illicit Finance Risks of DeFi

Photo of Robert A. MusialaPhoto of Teresa Goody GuillénPhoto of Joanna F. WasickPhoto of Kevin EdgarPhoto of Adam GalePhoto of Jonathan A. FormanPhoto of Veronica ReynoldsPhoto of Christopher LambBy Robert A. Musiala, Teresa Goody Guillén, Joanna F. Wasick, Kevin Edgar, Adam Gale, Jonathan A. Forman, Veronica Reynolds and Christopher Lamb on Posted in Alert
Fintech (Financial technology) concept.Background and Scope The Assessment was drafted by Treasury’s Office of Terrorist Financing and Financial Crimes (“TFFC”), in consultation with multiple U.S. agencies, including the Departments of Homeland Security, Justice, and State; the Commodity Futures Trading Commission (“CFTC”); Office of the Comptroller of the Currency; and the Securities and Exchange Commission (“SEC”). The TFFC also … Continue Reading

DOJ, CFTC and SEC Bring Separate Actions for the Same Conduct: Alleged Digital Asset Manipulation and Fraud Scheme on Mango Markets Platform

Photo of Teresa Goody GuillénPhoto of Joanna F. WasickPhoto of Veronica ReynoldsPhoto of Sydney ParkBy Teresa Goody Guillén, Joanna F. Wasick, Veronica Reynolds and Sydney Park on Posted in Enforcement
Mango Markets is a decentralized cryptocurrency exchange that allows users to purchase and borrow cryptocurrencies and cryptocurrency-related financial products. Mango Markets is run by the Mango Decentralized Autonomous Organization (Mango DAO), which has its own crypto token named MNGO. Holders of MNGO tokens can vote on changes to Mango Markets and other issues related to … Continue Reading

Financial and Crypto Firms Explore Integration; NFT Market Expands; FATF/Basel Publish Crypto Guidance; DOJ/CFTC Bring Crypto Actions; DeFi Hacks Continue

Photo of Robert A. MusialaPhoto of Keith R. MurphyPhoto of Lauren BassPhoto of Joanna F. WasickPhoto of Christina GotsisPhoto of Alex KarambelasBy Robert A. Musiala, Keith R. Murphy, Lauren Bass, Joanna F. Wasick, Christina Gotsis and Alex Karambelas on Posted in Blockchain, Cryptocurrency, NFT
In this issue: Financial Firm Launches Crypto Group, MakerDAO Votes to Integrate with Bank NFT Market Continues to Expand with Brand Activations and Infringement Suit FATF and Basel Committee Publish New Guidance on Cryptocurrencies DOJ, CFTC Bring Multiple Enforcement Actions Against Crypto Fraud Schemes North Korean Lazarus Group Suspected in Recent DeFi Hack Financial Firm … Continue Reading

Crypto Payment Initiatives Launch; Report Cites Evolving Crypto Views; G7, ECB, BIS Address Crypto Risks; DOJ, CFTC Target NFT Insider Trading, Crypto Fraud

Photo of Robert A. MusialaPhoto of Lauren BassPhoto of Veronica ReynoldsPhoto of Keith R. MurphyPhoto of Teresa Goody GuillénBy Robert A. Musiala, Lauren Bass, Veronica Reynolds, Keith R. Murphy and Teresa Goody Guillén on Posted in Blockchain
In this issue: • New Cryptocurrency Payments Systems, Tokens and Trade Associations Launch• Cryptocurrency Industry Report Notes Change in Consumer and Insider Views• Digital Asset and Blockchain Risks and Opportunities Addressed by G7, ECB, BIS• DOJ Brings First NFT Insider Trading Case, CFTC Action Targets Crypto Fraud New Cryptocurrency Payments Systems, Tokens and Trade Associations … Continue Reading

NFT Initiatives Launch, Congress Writes to CFTC on Crypto, SEC Charges ICO Fraud Scheme, GAO Addresses Crypto ATMs, Reports Address Crypto Threats

Photo of Robert A. MusialaPhoto of Lauren BassPhoto of Joanna F. WasickPhoto of Veronica ReynoldsBy Robert A. Musiala, Lauren Bass, Joanna F. Wasick and Veronica Reynolds on Posted in Blockchain, Cryptocurrency, ICOs, NFTs, Securities & Exchange Commission
In this issue: • From Music to Marketplaces: NFT Use Cases Continue to Expand • Congress Writes CFTC on Crypto, Firms Make DeFi and Crypto Derivative Moves • SEC Charges ICO Fraud Scheme, GAO Recommends Crypto ATM Regulation • New Reports Provide Data on 2021 Cryptocurrency Criminal Activities From Music to Marketplaces: NFT Use Cases … Continue Reading

Crypto Firm Initiatives in CBDCs and Custody, GSA Auctions Bitcoin, Marketing Campaigns Integrate Crypto, ETFs Seek Approval, Enforcement Actions Continue

Photo of Jordan R. SilversmithPhoto of Veronica ReynoldsPhoto of Teresa Goody GuillénPhoto of Joanna F. WasickBy Jordan R. Silversmith, Veronica Reynolds, Teresa Goody Guillén and Joanna F. Wasick on Posted in Cryptocurrency, Securities & Exchange Commission
In this issue: • Crypto Firms Expand CBDC and Custody Initiatives, GSA Auctions Bitcoin • Token-Focused Marketing Campaigns Signal Rising Interest in Cryptocurrencies • ETFs Seek SEC Approval as Brazil Approves First ETF, FATF Updates Guidance • CFTC, Canadian Tax Agency and DOJ Continue Crypto Enforcement Activities Crypto Firms Expand CBDC and Custody Initiatives, GSA … 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

Photo of Robert A. MusialaPhoto of Jordan R. SilversmithBy Robert A. Musiala, Jordan R. Silversmith and Marc Powers on 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

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

Photo of Veronica ReynoldsPhoto of Robert A. MusialaPhoto of Teresa Goody GuillénPhoto of Jordan R. SilversmithBy Veronica Reynolds, Robert A. Musiala, Teresa Goody Guillén and Jordan R. Silversmith on 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

CFTC Approves Bitcoin Futures, Crypto Initiatives Launch, Blockchain Traceability and Energy Solutions Deployed, South Africa and Singapore Issue Regulations

Photo of Teresa Goody GuillénPhoto of Robert A. MusialaPhoto of Joanna F. WasickBy Teresa Goody Guillén, Robert A. Musiala and Joanna F. Wasick on Posted in Bitcoin, Blockchain, Cryptocurrency
In this issue: • CFTC Approves Bitcoin Futures and Prosecutes Fraud, Amicus Brief Filed in Kik Case • Emerging Blockchain Payment and Crypto Custody Solutions Announce New Milestones • Blockchain Solutions Deployed in Egg Traceability, Energy Trading and Mobility Services • South Africa and Singapore Issue New Cryptocurrency Policies and Regulatory Guidance CFTC Approves Bitcoin … Continue Reading

Multiple Enterprise Blockchain Applications Announced, SEC and CFTC Issue Guidance and Enforcement Actions

Photo of Joanna F. WasickBy Diana Stern, Joanna F. Wasick and Jonathan D. Blattmachr on Posted in Blockchain, Food Supply Chain
In this issue: • Blockchains on Broadway, Smart Contracts Make Headway, Food Supply Chain and Health Applications Continue • CFTC Says Ether Is a Commodity, Crypto Trading and Payments Markets Expand • Federal Agencies Warn on AML and Bring Civil Actions; DOJ Brings Down Darknet Site Blockchains on Broadway, Smart Contracts Make Headway, Food Supply … Continue Reading

Blockchain Applications Advance for Healthcare and Payments, CFTC Prioritizes Cryptocurrencies, QuadrigaCX Saga Continues

Photo of Robert A. MusialaPhoto of Joanna F. WasickBy Brian P. Bartish, Robert A. Musiala, Simone O. Otenaike and Joanna F. Wasick on Posted in Blockchain, Cryptocurrency
In this issue: • Blockchain Initiatives in Healthcare and Other Industries Target Data Integrity, Speed and Analytics • Blockchain Payment Systems Announced by Major Banks and Online Payment Processors • Forthcoming SEC Guidance Confirmed, Initiatives Continue at Banks and Cryptocurrency Exchanges • CFTC Makes Cryptocurrency a Priority, Foreign Agencies Take Enforcement Action • QuadrigaCX Saga … Continue Reading

Blockchain Developments: Government and Transport Sector Solutions, Legislation, Payment Applications and Global Enforcement Actions

Photo of Joanna F. WasickBy Diana Stern, Simone O. Otenaike, Jonathan D. Blattmachr, Joanna F. Wasick, Marc Powers, Roger M. Brown and Heather K. P. Fincher on Posted in Enforcement, Enterprise, Global, Government, Tax
In this issue: • Blockchain Transport Applications, Public Sector Initiatives, Protocol and Market Developments • Capital Markets Initiatives Continue as US Congress Issues New Research and Two New Bills • Blockchain Payments Networks Evolve, New Cryptocurrency Exchange Lands in US • SEC Achieves Settlements, FATF Evaluates UK, Regulator Actions in Denmark and New Zealand • Tax Analysis: Securitized Tokens Backed … Continue Reading

SEC Launches FinHub, FATF Publishes Guidance, Futures and Stablecoin Markets Mature

Photo of Taylor ThompsonPhoto of Joanna F. WasickBy Taylor Thompson, Jonathan D. Blattmachr and Joanna F. Wasick on Posted in Capital Markets Offerings, ICOs, Securities & Exchange Commission
In this issue: • SEC Launches FinHub, FATF Revises Cryptocurrency Guidance • Capital Markets Developments in Futures, Stablecoins, Custody, ICOs • Blockchain Enterprise Developments for Gold, Ports, BaaS and Developers SEC Launches FinHub, FATF Revises Cryptocurrency Guidance By: Taylor Thompson On Oct. 18, the Securities and Exchange Commission (SEC) announced the creation of the Strategic … Continue Reading

Institutions Adopt Cryptocurrencies, CFTC Warns on Smart Contracts, “Crypto-sweep” Continues

Photo of Jordan R. SilversmithPhoto of Robert A. MusialaPhoto of Taylor ThompsonBy Jordan R. Silversmith, Brian P. Bartish, Robert A. Musiala and Taylor Thompson on Posted in Blockchain, Cryptocurrency, ICOs
In this issue: • Cryptocurrency Capital Markets Announcements by Institutional and Startup Firms • Public and Private Blockchain Pilots Announced, CFTC Warns on Smart Contracts • Crack Down on ICOs Continues, U.S. Marshals Prepare to Auction Seized Bitcoin Cryptocurrency Capital Markets Announcements by Institutional and Startup Firms By: Jordan R. Silversmith On Oct. 15, a … Continue Reading

Blockchain Developments: Government, Wine, Journalism, Asset-Backed Tokens, SEC Enforcement and More

Photo of Taylor ThompsonPhoto of Robert A. MusialaBy Taylor Thompson, Simone O. Otenaike, Robert A. Musiala and Marc Powers on Posted in Blockchain, Cryptocurrency, ICOs, Securities & Exchange Commission
In this issue: • U.S. and International Governments Address Smart Ports, Smart Cities, and Cryptocurrencies • Blockchain Enterprise Developments in Wine, Journalism, Real Estate and Mining • Blockchain Tokens Backed by Real-World Assets Appear to Grow in Popularity • SEC Enforcement Actions Announced, New Data on Cryptocurrency Hacks Published U.S. and International Governments Address Smart … Continue Reading

Global Blockchain Developments in Enforcement, Payments, ICOs and Enterprise

Photo of Robert A. MusialaBy Simone O. Otenaike, Njeri Chasseau, Robert A. Musiala and Panida A. Pollawit on Posted in Blockchain, Enforcement, ICOs
In this issue: • Cryptocurrency Enforcement Actions Continue Across the Globe • Multiple Blockchain Announcements for Asset-Backed Tokens, Payments and Exchanges • Lawmakers Seek Clarity on ICOs as New Research Is Published • Enterprise Developments: Blockchain Interoperability, Supply Chain, Identity and More Cryptocurrency Enforcement Actions Continue Across the Globe By: Panida A. Pollawit  On Friday, … Continue Reading
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