Tag Archives: Enforcement

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

• 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

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

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

SEC Scrutinizes Use of Fintech by Broker-Dealers and Investment Advisers

The Securities and Exchange Commission (“SEC”) recently issued a request for information and public comment on the use of new and emerging technologies by investment advisers and broker-dealers that suggests potential regulatory action to come.[1] According to its release, the SEC is seeking to understand how registrants — whether online brokerages, robo-advisers, internet investment advisers, … Continue Reading

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

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

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

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

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

Cryptocurrency and Blockchain Initiatives Continue in Payments, NFTs and Media; Crypto Enforcement and Threats Also Continue Across Globe

In this issue: • Crypto Adoption Continues in Credit Cards, OCC Approval, Restaurant Payments • NFT Initiatives Continue, Advertising and Media Firms Integrate Cryptocurrencies • Cryptocurrency Enforcement Actions Continue in US, Turkey and South Korea • Reports Detail Crypto Crime Statistics, $50M Hack, Anti-Cryptojacking Initiative Crypto Adoption Continues in Credit Cards, OCC Approval, Restaurant Payments … Continue Reading

FinCEN Extends Crypto Rule Comment Period, Crypto Products Launch; Enforcement Agencies Target Crypto Crimes in US, Japan and China

In this issue: • FinCEN Extends Crypto Rule Comment Period, Crypto Payment Products Launch • Enforcement Agencies Target Cryptocurrency Crimes in US, Japan and China FinCEN Extends Crypto Rule Comment Period, Crypto Payment Products Launch By: Robert A. Musiala Jr. This week the U.S. Financial Crimes Enforcement Network (FinCEN) published a notice extending the comment … Continue Reading

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

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

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

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

Blockchain 50 Published, Exchanges Expand Services, Enforcement Actions by SEC, CFTC and International Tax Authorities, Hacks Drive Losses

In this issue: • Forbes Publishes Blockchain 50, Cryptocurrency Exchanges Expand Services • SEC Settles Charges Involving ICO, CFTC Takes Action Against Crypto Investment Firm • Dutch Tax Authorities Make Arrests, IRS Summit to Address Cryptocurrencies • Manipulation, Hacks and System Errors Lead to Losses for Cryptocurrency Users and Exchanges Forbes Publishes Blockchain 50, Cryptocurrency … Continue Reading

Ethereum Fork Successful, Solutions Target Sneakers and Browsers, EU and NY Consider Regulations, Enforcement Actions Continue

In this issue: • Ethereum Fork Implemented, Exchanges Expand Services, New Bitcoin Network Data • Enterprise Developments in Sneakers, Browsers, Copyrights and Private-Public Blockchain Integration • EU and NY Consider New Crypto Regulations, AML Report Published and Tools Debut • Enforcement Actions Target ICO Fraud and Ponzi Schemes, Assets Retrieved From Hacked Exchange Ethereum Fork … Continue Reading

Blockchain Developments: Crypto Custody and Payments, Supply Chain Pilots, Regulation and Enforcement

In this issue: • Cryptocurrency Custody, Payments and Mining Initiatives Announced • Blockchain Provenance and Authentication Solutions Emerging in Food and Manufacturing Markets • Recent Global Regulatory Developments in Digital Assets • U.S. and International Enforcement Agencies Take Action Against Crypto Crimes • Crypto Tax Update: Foreign Accounts, Like-Kind Exchanges, Software Uptick Cryptocurrency Custody, Payments … Continue Reading

Industry Token Standards Published, Supply Chain Pilots Expand, Foreign Crypto Guidance Issued, US Enforcement Actions Continue

In this issue: • Token Taxonomy Framework Published, Blockchain Supply Chain Pilots Expand • Stellar Burns Tokens, New Cryptocurrency Market Data and Studies Released • Blockchain Startup Receives Transfer Agent License, UK and Hong Kong Issue Crypto Guidance Enforcement • Multiple US Agencies Bring Enforcement Actions, Report Describes North Korea Crypto Sanctions Evasion Token Taxonomy … Continue Reading

Blockchain Pilots Move Forward in Food Supply Chain, Land Registries and Buying Coffee with Crypto; Regulators Grant Approvals and Continue Enforcement

In this issue: • Coffee Conglomerate Set to Accept Bitcoin in 2020 as Cryptocurrency Adoption Continues to Rise • Blockchain Capital Markets Firms Achieve New Approvals in US and Abroad • Blockchains Take Another Bite Into Food Tracking; Land Registry Pilot Takes Off in Latin America • US Agencies Join Global Innovation Network, Crypto Enforcement … Continue Reading

Manipulation Detected on ‘DEXes,’ Regulations Develop, Industry Initiatives Advance, Hacks, Money Laundering and Enforcement Continue

In this issue: • Academics Detect Manipulation on ‘DEXes’ as Cryptocurrency Trading Expands • New Tokenized Securities Announced; Global Regulatory Regimes Develop • Food Supply Chain Initiatives Grow, Government Spending Expected to Rise, Blockchain Enterprise Tools Released • Crypto-Mining Malware, Dark Market Money Laundering, SIM Swap Hacks and FinCEN Enforcement Academics Detect Manipulation on ‘DEXes’ … Continue Reading

Blockchain Pilots Announced, Global Laws Evolve, Exchanges and Payment Processors Make News, Enforcement and Threats Continue

In this issue: • New Blockchain Projects Announced in Supply Chain and Digital Identity • Blockchain Legal Frameworks Continue to Evolve in the US and Abroad • Headlines From Bitcoin Payment Processors, Decentralized Exchanges and Tokenized Real Estate • More Guidance on ICO Tokens as Securities, Crypto Fraud and Hacked Bitcoins Returned • Cryptocurrency-Related Crime … Continue Reading

New Crypto Products in U.S. and Abroad, Enterprise Pilots Announced, Data Published on Cryptocurrency Scams and Money Laundering

In this issue: • DFS Issues New BitLicenses, Corda Gains Integration Partners, New Stablecoin Launched • New Cryptocurrency Products, Increased Demand for Bitcoin Reported in Africa and Latin America • New Blockchain Pilots Address Worker Well-Being, Healthcare and Conflict Minerals • Startup Challenges SEC Enforcement Action, International Arrests and Exchange Cooperation • New Reports Provide … Continue Reading

New Blockchain Products, an FBI Raid, the $11 Billion Bitcoin Case, Hackers Strike With a 51 Percent Attack and Crypto Tax Analysis

In this issue: • New Cryptocurrency Financial Products and Platforms Announced • An FBI Raid, the $11 Billion Bitcoin Case, and Other Enforcement and Regulatory Actions in the U.S. and Abroad • Hackers Strike With 51 Percent Attack and Crypto-Mining Malware • Tax Analysis: Token Taxonomy Act Would Allow Tax-Free Exchanges of Virtual Currencies • … Continue Reading

Blockchain Capital Markets Offerings and Executive Attitudes Evolve, Threats Continue

In this issue: • New Blockchain Trading Platforms and Capital Markets Offerings Announced • Blockchain Executive Surveys Released, More Pilots and Investments Announced • Update: Cryptocurrency Cybercrimes and ICO Enforcement Actions • John McAfee’s ‘Unhackable’ Cryptocurrency Wallet Hacked New Blockchain Trading Platforms and Capital Markets Offerings Announced By: Jaime B. Petenko Recently, it was reported … Continue Reading
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