The FDIC issued a Financial Institution Letter (FIL-7-2025), clarifying that FDIC-supervised institutions may engage in permissible crypto-related activities without receiving prior FDIC approval. FIL-7-2025 rescinds FDIC Financial Institution Letter 16-2022, entitled Notification... Read more »
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has withdrawn US economic sanctions against crypto mixer Tornado Cash. Source link Read more »
The US Court of Appeals for the Second Circuit dismissed securities laws claims against decentralized finance platform operators for trading of fraudulent tokens on the platform. Source link Read more »
The Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1183, rescinding OCC Interpretive Letter 1179 and reaffirming the crypto-asset custody, distributed ledger, and stablecoin activities discussed in prior OCC... Read more »
Washington, DC On March 6, Commerce Secretary Howard Lutnick confirmed that the current administration intends to establish a U.S. strategic bitcoin reserve. Bitcoin is the financial buzz-of-the-day. But the hype about cryptocurrencies and... Read more »
SEC Commissioner Hester Peirce, head of the SEC’s Crypto Task Force, issued a questionnaire to market participants on the regulatory path forward. Source link Read more »
The SEC announced that it filed a joint stipulation with Coinbase Inc. and Coinbase Global Inc. to dismiss the ongoing civil enforcement action against the operators of the major crypto platform for... Read more »
SEC Commissioner Hester Peirce, head of the SEC’s new Crypto Task Force, issued a release setting out plans and priorities for the Task Force. The release provides information and tips on how... Read more »
