The Department of Justice (DOJ) filed a criminal complaint on May 13th against an American citizen accused of transmitting more...
Read MoreAnti-Money Laundering Insights
Crowdfunding Sites Under Regulatory Pressure
The regulatory pressure is ramping up for crowdfunding portals. On May 4, 2022, FINRA fined two funding portals (Wefunder and...
Read MoreOCC Stresses Importance of RegTech
Kevin Greenfield from the Office of the Comptroller of the Currency (OCC) testified on May 13 during a hearing before...
Read MoreList of NFT ‘Red Flags’
The Joint Chiefs of Global Tax Enforcement published some of the first guidance to combat NFT-related fraud. The Joint Chiefs...
Read MoreSEC Doubles Size of Crypto Unit
SEC Chair Gary Gensler continues to turn up the heat on the crypto market. On May 3, 2022 the Securities...
Read MoreNY State Setting Standards for Crypto Monitoring
The NYS Department of Financial Services (DFS) took an uncommon approach in encouraging cryptocurrency firms to enhance their risk management...
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