Weekly Updates

Blockchain Week in Review: Week of August 30, 2021

By Zeeve Rose on September 2, 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 Not Legally Protected
Thailand Releases Crypto Custodian Regulations
Bitcoin Stability Leveraged in Afghanistan Amid Taliban Takeover

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 Digital Marketplace
Mastercard Announces Enhancements to Digital Currency Card Program
European Commission Proposes to Expand Regulations on Cryptocurrency Service Providers
Russian Central Bank Urges Stock Exchanges to Avoid Listing Crypto Companies

By Andrew Lucas on July 26, 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 in Bitcoin, Ether, Litecoin, and precious metals.
Shapeshift announces “largest airdrop in history” as it attempts to become a fully decentralized exchange.
Saquon Barkley announces plan to accept all endorsement money in Bitcoin.
Tom Brady and Gisele Bündchen take a stake in cryptocurrency exchange FTX.

By Zeeve Rose on 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 Framework – Cryptoassets in South Africa

By Roderick O'Dorisio on June 25, 2021

Weekly Blockchain Focus

By Andrew Lucas on May 21, 2021

Weekly Blockchain Focus

Weekly Focus:

Bipartisan crypto bill passes House of Representatives
Fed leaves interest rates unchanged, while Chairman Powell says equity markets are a “bit frothy”
Paxos becomes third federally regulated crypto bank (& raises $300 million)
Wyoming DAO law to go into effect in July
DOJ announces arrest of Bitcoin Fog founder who allegedly laundered $335M in crypto
Turkey bans cryptocurrency payments, sets up central custodian
South Korea set to tax crypto trading gains

By Kendra Haar on April 9, 2021

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