The Blockchain Monitor

Latest from The Blockchain Monitor - Page 2

Crypto Exchanges Announce Market Developments, US Report Addresses Crypto Tax, New DOJ and SEC Enforcement, Reports Detail Crypto Crimes

By Veronica Reynolds, Joanna F. Wasick, Teresa Goody Guillén & Jordan R. Silversmith

February 5, 2021

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 Blockchain Monitor

Podcast: BakerHostetler Blockchain University: Beyond Cryptocurrency – Non-Financial Use Cases for Blockchain

By Robert A. Musiala & Veronica Reynolds

February 3, 2021

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 …

The Blockchain Monitor

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

By Robert A. Musiala & Joanna F. Wasick

January 29, 2021

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…

The Blockchain Monitor

FinCEN Proposed Rule Halted, Exchanges and Banks Expand Crypto Products, SEC Brings Action Against Token Issuer, Crypto Threat Reports Published

By Jordan R. Silversmith, Veronica Reynolds & Robert A. Musiala

January 22, 2021

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…

The Blockchain Monitor

Crypto Trust to Become Bank, FinCEN Comment Period Extended, Navy Awards Blockchain Contract, Dark Market Seized, Illicit Exchange Owner Sentenced

By Veronica Reynolds, Jordan R. Silversmith, Robert A. Musiala & Teresa Goody Guillén

January 15, 2021

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…

The Blockchain Monitor

NY DFS Approves New Stablecoin Co., Blockchain Data Solutions Announced, New Cryptocurrency Regulatory and Enforcement Actions in U.S. and Abroad

By Jordan R. Silversmith, Teresa Goody Guillén, Veronica Reynolds & Joanna F. Wasick

January 8, 2021

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…

The Blockchain Monitor

SEC Charges Ripple and Two Executives, Alleging XRP Is a Security

By Jonathan A. Forman, Adam Gale, Teresa Goody Guillén & Robert A. Musiala

January 5, 2021

On Dec. 22, 2020, the Securities and Exchange Commission (SEC or the Commission) filed an action against Ripple Labs Inc. (Ripple or the Company) and two of its executives, alleging that they violated Section 5 of the Securities Act of 1933, as amended (Securities Act) by raising over $1.3 billion through an unregistered, ongoing securities offering of the digital asset XRP, beginning in at least 2013. The SEC seeks to permanently enjoin the defendants from…

The Blockchain Monitor

FinCEN Proposes New Crypto Record-Keeping Rules; SEC and CFTC Issue Digital Asset Guidance; SEC Closes 2020 With Multiple Enforcement Actions Against Blockchain Firms

By Robert A. Musiala

January 5, 2021

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 Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, published a notice of proposed rulemaking that would…

The Blockchain Monitor

Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, Crypto Regulation Evolves in UK, Estonia and Germany; Blockchain Solutions Launch for Wine, Royalties, Clothing

By Joanna F. Wasick, Robert A. Musiala & Jordan R. Silversmith

December 18, 2020

In this issue: • Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed • Blockchain Solutions Launch in Wine, Royalties Management and Clothing Industries • UK and Estonia Take Diverging Approaches to Crypto Registration, Dark Market Seized Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed By: Joanna F. Wasick Earlier this month, 3iQ Corp., a Toronto-based investment management firm, announced the listing of its fund, The Ether Fund…

The Blockchain Monitor

Telegram: Deconstructing One of the Biggest Blockchain Cases of 2020

By Robert A. Musiala, John Harrington, Teresa Goody Guillén, Adam Gale, Jonathan A. Forman & Veronica Reynolds

December 14, 2020

https-theblockchainmonitor-bakerhostetlerblogs-com-wp-content-uploads-sites-24-2020-12-crypto-currency-data-blockchain-gettyimages-1129514615-1200x630-72dpi-jpg

The Telegram case is arguably the most important case of 2020 involving the legal classification of blockchain-based digital assets. Because it is often cost-prohibitive for companies to challenge the government in court, the Telegram litigation offered a unique opportunity for the parties to present arguments on several complex legal issues. Given the lack of judicial precedent in this area, as well as the size and profile of the Telegram project, the Telegram case was closely…

The Blockchain Monitor

Crypto Exchanges Announce Market Developments, US Report Addresses Crypto Tax, New DOJ and SEC Enforcement, Reports Detail Crypto Crimes

Podcast: BakerHostetler Blockchain University: Beyond Cryptocurrency – Non-Financial Use Cases for Blockchain

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

FinCEN Proposed Rule Halted, Exchanges and Banks Expand Crypto Products, SEC Brings Action Against Token Issuer, Crypto Threat Reports Published

Crypto Trust to Become Bank, FinCEN Comment Period Extended, Navy Awards Blockchain Contract, Dark Market Seized, Illicit Exchange Owner Sentenced

NY DFS Approves New Stablecoin Co., Blockchain Data Solutions Announced, New Cryptocurrency Regulatory and Enforcement Actions in U.S. and Abroad

SEC Charges Ripple and Two Executives, Alleging XRP Is a Security

FinCEN Proposes New Crypto Record-Keeping Rules; SEC and CFTC Issue Digital Asset Guidance; SEC Closes 2020 With Multiple Enforcement Actions Against Blockchain Firms

Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, Crypto Regulation Evolves in UK, Estonia and Germany; Blockchain Solutions Launch for Wine, Royalties, Clothing

Telegram: Deconstructing One of the Biggest Blockchain Cases of 2020

Stay Connected

Company

Products

Support

New to the Network