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Jury Finds Crytpo Mining-Linked Products Were Not Securities
by: Jonah R. Hecht | Blockchain Law Center | (11/04/2021)
Case Marks the First Jury Verdict on Whether a Cryptocurrency Product Is a Security
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OCC's Hsu Calls for Bank-Like Regulation of Fintech Companies
by: Jonah R. Hecht | Blockchain Law Center | (11/04/2021)
Hsu says there is a need to "Level Up" banking and finance.
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U.S. Regulators Issue Report on Stablecoins
by: Jonah R. Hecht | Blockchain Law Center | (11/02/2021)
Highly-Awaited Report Sets Forth Stablecoin Risks and Recommendations to Address Them
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FATF Crypto AML Guidance may put Cryptocurrency Firms at Risk
by: Ella Markina | Blockchain Law Center | (11/01/2021)
On October 28, 2021, the Financial Action Task Force (FATF), an international, intergovernmental anti-money laundering (AML) policy-making body that standardizes financial surveillance rules, released its revised and finalized crypto guidance, calling for jurisdictions worldwide to implement more stringent regulations for crypto firms as a way of preventing money laundering and terrorism financing.
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Banking Regulators to Provide Guidance on Holding Cryptocurrencies
by: Alexandra J. Marinzel | Blockchain Law Center | (10/28/2021)
According to comments made by Jelena McWilliams, Chair of the Federal Deposit Insurance Corporation, federal bank regulators are looking to provide more guidance to banks interested in holding cryptocurrencies.
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SEC Chair Gary Gensler Voices Concern that DeFi Will "End Poorly" Without Regulation
by: Alexandra J. Marinzel | Blockchain Law Center | (10/26/2021)
SEC Chair Gary Gensler expressed concern over the regulation of DeFi while speaking at Yahoo Finance’s All Markets Summit on Monday, October 25th.
