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…
Read MoreDigital Assets
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,…
Read More
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…
Read MorePresident Signs GENIUS Act into Law
He said the cryptocurrency legislation will make the U.S. the “crypto capital of the world.” President Donald Trump has signed three cryptocurrency bills into law, which were passed…
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 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:…
Read MoreSEC Drops Coinbase Case to Refocus on Crypto Regulation
New Crypto Task Force plans to build clearer rules for digital assets. The Securities and Exchange Commission (SEC) recently agreed to dismiss its civil enforcement case against Coinbase…
Read More
Bitcoin Value Jumps after President’s Strategic Crypto Reserve Announcement
It increased by several thousand in a few hours. The value of Bitcoin jumped from $85,000 to $94,000 within hours of President Donald Trump’s announcement of plans to…
Read More