Federal Reserve Board issues crypto-related enforcement action with Customers Bancorp, Inc. and Customers Bank, August 8, 2024
Federal Reserve Bank of New York Staff Report: Regulating Decentralized Systems: Evidence from Sanctions on Tornado Cash, August 7, 2024
Treasury Releases First Ever Non-fungible Token Illicit Finance Risk Assessment, May 29, 2024
Noncustodial Mixing Service Charged With Money Laundering And Unlicensed Money Transmitting, April 24, 2024
CFPB Issues Report on Banking in Video Games and Virtual Worlds, April 4, 2024
Press Release: “Acting Comptroller Discusses Consolidated Supervision of Crypto-Asset Intermediaries,” OCC, February 22, 2024
Hawaii statement on money transmitter licensing, January 25, 2024
New York Comptroller Issues Audit Report on DFS Virtual Currency Licensing, January 2, 2024
Press Release: FDIC Inspector General Recommends Improved Supervisory Strategies for Crypto-Asset Risks, October 18, 2023
Report: 2023 FDIC Risk Review Includes New Section Focused on Crypto-Asset Risk, August 14, 2023
Opinion: SDNY Finds Cryptocurrency Exchange Account Is Not an “Account” for Purposes of the Electronic Funds Transfer Act, August 11, 2023
Letter: Federal Reserve Board Guidance on Non-Objection Process for Stablecoin Activities, August 8, 2023
Letter: Federal Reserve Board establishes Novel Activities Supervision Program, August 8, 2023
Press Release: “Agencies issue joint statement on liquidity risks resulting from crypto-asset market vulnerabilities,” Board of Governors of the Federal Reserve System, February 23, 2023
Opinion: SDNY Holds Cryptocurrency Constitutes “Funds” Purposes of the Electronic Funds Transfer Act, February 22, 2023
Sidley Update: U.S. FDIC Proposal Would Update Disclosure Rules for Federal Deposit Insurance in Digital Channels, December 23, 2022
Speeches & Testimony: "Remarks by FDIC Acting Chairman Martin J. Gruenberg at the Brookings Institution on The Prudential Regulation of Crypto-Assets," The Federal Deposit Insurance Corporation, October 20, 2022
Press Release: “Federal Reserve Board provides additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities,” Federal Reserve, August 16, 2022
Press Release: “FDIC Issues a Fact Sheet to the Public on FDIC Deposit Insurance and Crypto Companies,” The Federal Deposit Insurance Corporation, July 29, 2022
Press Release: “Superintendent Adrienne A. Harris Announces New DFS Regulatory Guidance on the Issuance of U.S. Dollar-Backed Stablecoins,” New York State Department of Financial Services, June 8, 2022
Sidley Update: U.S. Banking Agencies Signal Closer Review of Cryptocurrency Activities, December 1, 2021
Sidley Update: U.S. President’s Working Group on Financial Markets Releases Its Stablecoin Report, November 5, 2021
Sidley Update: OCC Confirms Additional National Bank/Federal Saving Association Stablecoin Authority, at a Price, January 7, 2021
Press Release: “Agencies Invite Comment on Proposed Rule Under Bank Secrecy Act,” Boards of Governors of the Federal Reserve System, October 23, 2020
Sidley Update: OCC Establishes Standards for National Banks Holding Stablecoin Reserves, September 29, 2020
Letter: “OCC Chief Counsel’s Interpretation on National Bank and Federal Savings Association Authority to Hold Stablecoin Reserves,” Office of the Comptroller of the Currency, September 21, 2020
Press Release: “Federal Reserve Highlights Research and Experimentation Undertaken to Enhance its Understanding of the Opportunities and Risks Associated with Central Bank Digital Currencies,” Boards of Governors of the Federal Reserve System, August 13, 2020
Speech: “An Update on Digital Currencies,” Boards of Governors of the Federal Reserve System, August 13, 2020
Sidley Update: The U.S. Office of the Comptroller of the Currency Seeks Comment on Digital Innovation by Banks, June 12, 2020
Regulatory Issues of stablecoins, Financial Stability Board, October 18, 2019
Investigating the impact of global stablecoins, Committee on Payments and Market Infrastructures, Bank for International Settlements, October 2019
Sidley Update: New York State Department of Financial Services Challenges OCC Authority on Fintech Charters, September 19, 2018
