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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 securities laws to digital assets. Beginning with the release of the DAO Investigative Report in…

Weekly Focus:

  • The Regulation Process for FinCEN’s New Beneficial Ownership Reporting Requirement Launches
  • The Department of Treasury Sanctions Individuals for Laundering Cryptocurrency for Lazarus Group
  • Guilty Plea in DeepDotWeb Criminal Proceedings
  • Japan Announces Plans to Adopt FATF Travel Rule for Crypto
  • Canadian Securities Organizations Unveil Guidance on Treatment of Cryptocurrencies

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Continue Reading Blockchain Week in Review: Week of April 2, 2021

Weekly Focus:

  • Securities Fraud on the Dark Web Using Bitcoin
  • Germany Securities Settlement Bridge
  • South Korea Implements AML Regulations
  • India’s New Crypto Reporting Regulations
  • Bank of Jamaica Announces Central Bank Digital Current Pilot Program

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Continue Reading Blockchain Week in Review: Week of March 26, 2021

Weekly Focus:

  • BitMEX CEO to Surrender on AML Charges
  • Twitter Scammer Agrees to Three Years’ Jail Time
  • Irish Central Bank Expanding AML Enforcement to Cryptocurrency Companies
  • European Regulators Warn Investors of “High Risk,” Non-Regulated Crypto Assets
  • UK Watchdog ASA Banned Advertisement for Cryptocurrency Company
  • Visa to Allow Merchants to Accept Bitcoin as Payment

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Continue Reading Blockchain Week in Review: Week of March 19, 2021

Weekly Focus:

  • Congress Members Propose Legislation Aimed at Better Clarifying Digital Asset Regulation
  • SEC Division of Examinations Risk Alert Signal Continued Focus on Digital Assets
  • Federal Reserve Publishes White Paper on Central Bank Digital Currency
  • BitPay, Inc. Reaches Settlement with OFAC
  • Coinbase Announces Filing of Registration Statement
  • Wisdom Tree Files Bitcoin ETF Proposal

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Continue Reading Blockchain Week in Review: Week of March 12, 2021

Weekly Focus:

  • The nominee for chairman of the Securities and Exchange Commission, Gary Gensler, testifies before the Senate Banking Committee.
  • The NY attorney general issues industry alerts citing risks in cryptocurrency investments and emphasizing registration requirement for industry members.
  • IRS clarifies and limits virtual currency disclosure question on Form 1040.
  • Kentucky legislature advances crypto mining incentives bills.
  • Kings of Leon to release its next album as an NFT.

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Continue Reading Blockchain Week in Review: Week of March 5, 2021

Weekly Focus:

  • Tesla buys $1.5 billion in Bitcoin
  • BNY Mellon launches crypto custody unit
  • OCC welcomes new crypto company
  • Iowa introduces smart contracts bill
  • Rhode Island introduces blockchain act
  • BitMEX publishes data storage framework for FATF ‘Travel Rule’
  • Bank of Korea says CBDCs are fiat currency
  • Central Bank of Nigeria issues prohibition on crypto trading

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Continue Reading Blockchain Week in Review: Week of February 12, 2021

Weekly Focus:

  • US Senate Confirms Janet Yellen as Secretary of the Treasury
  • FinCEN Extends Comment Period for Rulemaking on Cryptocurrency Transaction Requirements
  • Hawaii’s Digital Currency Innovation Lab Reopens for Applications
  • Philippines Central Bank Issues Anti-Money Laundering Guidelines for Cryptocurrency
  • Bank of International Settlements Publishes Survey on Central Bank Digital Currency
  • Coinbase Announces More Details Related to Its Proposed Public Offering
  • Valkyrie Investments Files Application for Bitcoin ETF

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Continue Reading Blockchain Week in Review: Week of January 29, 2021

Weekly Focus:

  • Federal Regulation Actions Frozen Pending Review from New Administration
  • New Administration Appoints New Agency Leads
  • OCC Issues Ruling Permitting National Banks to Use Certain Blockchain Technologies
  • CFPB Finalizes Rule on the Role of Supervisory Guidance
  • Federal banking regulators issue FAQs on SAR filing obligations.
  • Dutch Gambling Regulator Fines Virtual Coin Gaming Company

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Continue Reading Blockchain Week in Review: Week of January 22, 2021

On January 20, 2021, an American Bar Association (ABA) Derivatives and Futures Law Committee sub-committee recently released an update to its “Digital and Digitized Assets: Federal and State Jurisdictional Issues” white paper, which features Perkins Coie attorneys Anna Smith-Sandy and Ernest Simons as contributors. The white paper was initially created by members of…