In this issue: • Payment Firms Adopt Cryptocurrencies, Company Purchases $1.5 Billion in Bitcoin • Blockchain Enterprise Initiatives Announced Across Global Markets • US and Foreign Agencies Take Action Against Cryptocurrency Fraud Schemes • Report Details North Korea Links to Crypto Hacks, Ransomware Connections Payment Firms Adopt Cryptocurrencies, Company Purchases $1.5 Billion in Bitcoin By: Veronica Reynolds According to a press release, last week the Office of the Comptroller of the Currency provided conditional approval…

In this issue: • Cryptocurrency Exchanges and Financial Firms Announce Market Developments • US Report Covers Crypto Tax Issues, Israeli Ruling Says Tokens Are Securities • DOJ, SEC and Europol Bring Various Cryptocurrency Enforcement Actions • Reports Provide Insights on Cryptocurrency Crimes and Darknet Activities Cryptocurrency Exchanges and Financial Firms Announce Market Developments By: Veronica Reynolds Last week, Coinbase signified its intent to become a publicly traded company by announcing a proposed direct listing of…

The fourth episode in the series provides an overview of how Blockchain is being used today in non-financial applications. Topics discussed include using blockchain in various sectors, including the food supply and pharmaceutical industries, maritime shipping, the cobalt supply chain, self-sovereign identity, credentialing and records management. Questions & Comments: rmusiala@bakerlaw.com, vreynolds@bakerlaw.com Listen to the episode. Subscribe to BakerHosts Apple Podcast | Google Podcast | iHeartRadio | Spotify | Stitcher | TuneIn Download Episode …

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 period for its proposed rule that would impose new requirements on certain transactions involving convertible virtual currency or digital assets…

In this issue: • Exchanges and Banks Expand Cryptocurrency Services and Products • FinCEN Proposed Rule Halted, Banks and Crypto Exchanges Adjust Policies • SEC Brings Action Against SAFT and Token Issuer, Related Statement Published • Reports Provide Details on Criminal Activities Involving Cryptocurrencies Exchanges and Banks Expand Cryptocurrency Services and Products By: Jordan R. Silversmith A major U.S. cryptocurrency exchange recently announced the launch of its asset hub. The initiative is intended to “streamline…

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 to Convert to Bank, FinCEN Extends New Rule Comment Period By: Veronica Reynolds The Anchorage Trust Company, a subsidiary of…

In this issue: • NY DFS Approves New Stablecoin Company, Crypto Financial Products Continue Growth • Blockchain Used To Enhance Auto Geofencing and Combat Whiskey Fraud • US Financial Regulators Continue Crypto-Focused Regulatory Proposals • OFAC Settles With Crypto Custodian; Enforcement Actions in UK, Italy, Iran NY DFS Approves New Stablecoin Company, Crypto Financial Products Continue Growth By: Jordan R. Silversmith New York’s Department of Financial Services (DFS) recently granted a charter under New York…