Page 3 - Cyber Digital Task News Today

The DOJ’s National Cryptocurrency Enforcement Team and Treasury’s OFAC are setting their sights on cryptocurrency use in cybercrimes. The US Department of Justice (DOJ)...

Guidance Demonstrates OFAC’s Expectations for Sanctions Compliance by Cryptocurrency Industry - On October 15, 2021, the Office of Foreign Assets Control (“OFAC”) of the...

To embed, copy and paste the code into your website or blog: One driver for the first widely adopted cryptocurrency Bitcoin was to create a store of value that existed outside of government control. It is therefore no surprise that attempts to regulate the rapidly developing crypto asset market have required great efforts from regulators and legislators around the world to keep apace. In this blog, we compare key drivers and results of the regulatory approach being taken in the US and UK. Whil...

Friday, January 8, 2021 One driver for the first widely adopted cryptocurrency Bitcoin was to create a store of value that existed  outside of government control. It is therefore no surprise that attempts to regulate the rapidly developing crypto asset market have required great efforts from regulators and legislators around the world to keep apace. In this blog, we compare key drivers and results of the regulatory approach being taken in the U.S. and UK. While the U.S. is leading t...

Wednesday, January 6, 2021 In recent years, the federal government’s financial fraud enforcement priorities have been largely consistent and robust. But in 2020, the pandemic appeared to cause government authorities to focus more resources to combat financial fraud as it related to COVID-19. In 2021, we may see an uptick in enforcement actions because of new priorities set by a Biden administration and because of fraudulent activities associated with the pandemic. As discussed below...

To print this article, all you need is to be registered or login on Mondaq.com. While 2020 will almost certainly not be remembered as the year in which cryptocurrency and digital assets made their long-promised arrival as a mainstay of financial transactions — overshadowed as they were by domestic politics and a global pandemic — the past 11 months marked another significant step in that ongoing journey. According to a recent Fidelity survey, 27% of institutional inv...