On October 15, 2021, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) released guidance on sanctions compliance for the digital currency industry, the agency’s most detailed statement to date on its expectations for participants in this
Continue Reading OFAC Releases New Detailed Guidance for the Digital Currency Industry
Latest from Virtual Currency Report
OFAC Issues Second Ransomware Advisory and Designates Virtual Currency Exchange for Sanctions
Agency’s Focus on Cryptocurrency and Blockchain Continues
On September 21, 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released an updated advisory to “highlight the sanctions risks associated with ransomware payments”—almost one year after issuing
Continue Reading OFAC Issues Second Ransomware Advisory and Designates Virtual Currency Exchange for Sanctions
Valeria Bystrowicz from Perkins Coie joins Crypto Connect, a Decentralized Professional Network for Current and Aspiring Crypto Industry Enthusiasts
We are pleased to announce that Valeria Bystrowicz-Liendo, a Business Development Director in the firm’s Blockchain, Digital Assets, & Custody industry group, will serve as a Board Member and as the Los Angeles, San Diego, and Orange County Chapter
Continue Reading Valeria Bystrowicz from Perkins Coie joins Crypto Connect, a Decentralized Professional Network for Current and Aspiring Crypto Industry Enthusiasts
Updated 09.16.2021: Digital Asset SEC Timeline
Perkins Coie LLP is pleased to bring you this updated Digital Asset SEC Timeline.
The Digital Asset SEC Timeline serves as an interactive compilation of select SEC guidance, enforcement actions, and speeches relating to the application of the federal
Continue Reading Updated 09.16.2021: Digital Asset SEC Timeline
Blockchain Week in Review: Week of August 30, 2021
- Unamended Infrastructure Bill with “Broker” Reporting Requirements Set for Vote in September
- CFTC Provides Clarification on Its Regulatory and Enforcement Authority
- Despite El Salvador’s Strongly Worded Bitcoin Law, Bitcoin Usage Remains “Totally Optional”
- China’s Shandong Supreme Court Holds Crypto Assets
Continue Reading Blockchain Week in Review: Week of August 30, 2021
Virtual Currency Legal Report – Week of July 19
Weekly Fintech Focus
- Congress Members Reintroduce Bill to Define Digital Assets
- President’s Working Group on Financial Markets Meets to Discuss Stablecoins
- Chairman Gensler Remarks Signal SEC Future Focus on Potential Crypto Regulation Through Security-Based Swaps Authority
- DraftKings Announces Launch NFT
Continue Reading Virtual Currency Legal Report – Week of July 19
Blockchain Week in Review: Week of July 12, 2021
Weekly Blockchain Focus
- European Central Bank announces the investigation phase of a digital Euro project.
- SEC charges Coinschedule.com with unlawfully touting digital asset securities.
- Federal court order permanently bans PaxForex and imposes a $300,000 penalty for offering illegal leveraged transactions
Continue Reading Blockchain Week in Review: Week of July 12, 2021
Updated 07.21.2021: Digital Asset SEC Timeline
Perkins Coie LLP is pleased to bring you this updated Digital Asset SEC Timeline.
The Digital Asset SEC Timeline serves as an interactive compilation of select SEC guidance, enforcement actions, and speeches relating to the application of the federal
Continue Reading Updated 07.21.2021: Digital Asset SEC Timeline
Updated 07.2021: Digital Asset SEC Timeline
Perkins Coie LLP is pleased to bring you this updated Digital Asset SEC Timeline.
The Digital Asset SEC Timeline serves as an interactive compilation of select SEC guidance, enforcement actions, and speeches relating to the application of the federal
Continue Reading Updated 07.2021: Digital Asset SEC Timeline
Blockchain Week in Review: Week of July 2, 2021
Weekly Blockchain Focus
- U.S. House Financial Services Committee Hearing
- New Jersey Attorney General Gurbir Grewal to join SEC as head of enforcement
- FBI Bolstering Tactics Against Illicit Cryptocurrency Transactions and Cybercrimes
- TP ICAP To Launch Cryptoasset Trading Platform
- Proposed Regulatory
Continue Reading Blockchain Week in Review: Week of July 2, 2021