10 posts
Last month, I reviewed a leaked draft of the Treasury Department's March 2026 congressional report on innovative technologies to counter illicit finance. What caught my attention wasn't the standard regulatory language about AML compliance—it was the frank acknowledgment that tra
The document arrived without ceremony. A joint statement from the Securities and Exchange Commission and the Commodity Futures Trading Commission, posted on a Friday afternoon, carried none of the drama that accompanies enforcement actions or high-profile litigation. Yet for the
When the Commodity Futures Trading Commission announced it was rescinding its controversial no-deny settlement policy last week, I recognized a fundamental shift in how the agency approaches enforcement against cryptocurrency markets. The policy change, which takes effect immedia
When the Commodity Futures Trading Commission announced its CEO Innovation Council Crypto Sprint last week, I recognized a significant shift in how federal regulators approach digital asset oversight. The three-month initiative, running through August 2026, brings together indust
When the Office of the Comptroller of the Currency published its proposed final rule on stablecoin activities last week, I found myself examining a document that could fundamentally reshape how traditional banks engage with digital assets. The agency's 250-page proposal establish
The Federal Reserve Board's announcement arrived with the understated significance that characterizes major policy shifts. When the Board voted to withdraw previous supervisory guidance requiring banks to obtain prior approval before engaging in crypto-asset activities, the decis
The Commodity Futures Trading Commission's announcement arrived with the procedural rarity that signals significant policy shifts. When the CFTC filed to vacate its own $5 million settlement with Gemini Trust Company, the move marked the first time the agency has sought to revers
The Treasury Department's announcement arrived with the regulatory finality that accompanies major rulemaking conclusions. When Treasury Secretary Bessent unveiled the final GENIUS Act regulations governing stablecoin anti-money laundering compliance, the rules marked the culmina
The Justice Department's announcement arrived with the bureaucratic finality that marks significant policy reversals. When Attorney General Todd Blanche confirmed the disbandment of the National Cryptocurrency Enforcement Team, the decision ended one of the federal government's m
The Treasury Department's proposed rules landed with the bureaucratic understatement that belies their transformative impact. When FinCEN published Notice 2026-4 last week, establishing anti-money laundering requirements for payment stablecoin issuers under the GENIUS Act, the do
