Enforcement Trends in Cryptocurrency Today
Latham & Watkins-the world's largest law firm with approximately 2,000 attorneys in the United States, Europe, the Middle East and Asia-has recently released research results on today's enforcement trends in cryptocurrency. Since the beginning of 2015, an increasing number of government and law enforcement agencies including the Securities and Exchange Commission (SEC), the Department of Justice (DOJ), the Commodities Futures Trading Commission (CFTC), the Federal Trade Commission (FTC), and the Financial Crimes Enforcement Network (FinCEN) have attempted to regulate the circulation of....
Related News
The rapid growth of cryptocurrencies in recent years has resulted in a number of law enforcement actions by several U. S. government agencies. These actions demonstrate U. S. regulators' interest in investigating fraud and other activities, according to Latham & Watkins, a Los Angeles-based, U. S. law firm. To give the cryptocurrency industry an overview of what agencies are taking action and provide insight into how to meet the various regulations, the law firm has released a report, "Enforcement Trends in Cryptocurrency." "No doubt, in the coming years, cyptocurrencies will face....
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to December 2021, the company detailed, elaborating: Since the first action in July 2013, the SEC has brought a total of 97....
Interest in Bitcoin has increased over the past month, as Google Trends data concerning the search term “Bitcoin” shows. This surge of interest in Bitcoin triggered the Dutch law enforcement to regulate the digital currency and as a result, local prosecutors are speeding up with pending Bitcoin cases. A two-year Google Trends chart on the keyword “Bitcoin” show a drastic increase in Bitcoin interest in late 2013, a period wherein Bitcoin reached its previous all-time high trading value. Google searches on Bitcoin have remained relatively low since then, failing to surpass 30 points out of....
After an eventful 2015 for bitcoin and the blockchain, what's in store on the regulatory and enforcement front in 2016? Here are some things to watch: With multiple federal regulatory agencies having outlined their mandates in the bitcoin and blockchain space and laid down how they intend to treat digital currencies, we are increasingly likely to see 'regulation by enforcement' next year. That is, we may see more enforcement actions brought against particular industry companies, sending a message to other firms about how agency rules will be applied in practice. The obvious focus of....
See what the Cointelegraph crew thinks are the most important trends of 2021 in our latest video. Bitcoin bubbles, Big Brother, decentralized finance, nonfungible tokens and Ethereum: These are some of the key 2021 trends that the Cointelegraph crew pointed out back at the beginning of January. To assemble these opinions, each of our contributors was asked three questions:What current crypto trends will continue in 2021?What trends do you not expect to continue?What trends will we see in 2021 that we didn't see in 2020?How would you answer these questions? Take a moment to think, then....