The draft regulation outlines anti-money laundering and sanctions requirements for digital payment issuers. The Financial Crimes Enforcement Network (FinCEN)and the Office of Foreign Assets Control (OFAC) recently introduced…
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Treasury Secretary Urges Senate to Take Up Cryptocurrency Legislation
The bill was passed by the House in the summer of 2025. Treasury Secretary Scott Bessent is encouraging the U.S. Senate to pass the CLARITY Act. The legislation,…
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State Department Announces Sanctions Against North Korean IT Operatives
The individuals and entities have been involved in defrauding U.S. businesses. The State Department announced sanctions against two entities and six individuals involved in operations using Information Technology…
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President Trump Pardons Binance Cryptocurrency Founder
The Binance cryptocurrency exchange founder had pleaded guilty to money laundering. President Donald Trump pardoned Binance cryptocurrency exchange founder Changpeng Zhao, who pleaded guilty to money laundering charges…
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SEC to Hold Roundtable on Crypto Privacy and Financial Surveillance
The public discussion at SEC headquarters will address privacy-protecting technologies and policy issues in the digital asset sector. The Securities and Exchange Commission’s (SEC) Crypto Task Force will…
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FBI Issues Criminal Warning for Online Group “The Community“
The agency says its online activity has evolved to include complex money laundering and exploitation. The FBI’s Internet Criminal Complaint Center issued a warning this week about an…
Read MoreSenate Passes GENIUS Act to Regulate Stablecoin
The framework would tie the cryptocurrency to the U.S. dollar. The Senate passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act this week which proposes…
Read MoreSenate Advances Stablecoin Legislation
Arizona senator says he hopes to “achieve a final bill that protects consumers and ensures America remains a leader in digital asset innovation.” The Senate garnered enough votes…
Read MoreStablecoin Crypto Framework Legislation Blocked in Senate
The Genius Act failed to receive the required two-thirds support. Debate for the GENIUS Act ended on Thursday as a potential legal framework for a form of cryptocurrency…
Read MoreSEC to Host Crypto Custody Roundtable on Regulatory Integration
The event will explore legal and operational challenges in safeguarding digital assets. The U.S. Securities and Exchange Commission (SEC) will hold a public roundtable titled “Know Your Custodian:…
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