Browsing: Cryptocurrency

The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has withdrawn its proposal for a rule that would require financial institutions to report on cryptocurrency transactions that they “know, suspect, or have reason to suspect” involve mixing in a foreign jurisdiction. The proposal was first made in October 2023, and the government withdrew it this week,…

On October 5, 2026, the Commodity Futures Trading Commission (“CFTC”) issued an Advanced Notice of Proposed Rulemaking (“ANPRM”1) regarding its intent to establish a comprehensive regulatory framework for retail commodity transactions involving crypto assets (“CTXs”) and the exchanges that offer trading in CTXs, which the CFTC calls crypto asset markets (“CAMs”).2

More states have begun regulating cryptocurrency use in campaign finance. For the uninitiated, cryptocurrencies like Bitcoin and Ethereum are virtual currencies that use blockchain technology—a type of distributed ledger—to record and verify transactions. Cryptocurrencies are not legal tender under federal law, but they can be exchanged for or converted into traditional currencies such as the…