US: What Types of foreign Accounts do I report?
bit.ly/3QRBcbr 0
Continue reading
US: Can I transition from Voluntary Disclosure Program to Streamlined Procedures?
bit.ly/3Qv9eST See also:www.meadowscollier.com/the-most-important-elements-of-a-successful-irs-voluntary-disclosure-timing-and-luck 0
Continue reading
US: Government qualifies Payments to register an Aircraft as Money Laundering
www.justice.gov/opa/pr/united-states-obtains-warrant-seizure-airplane-sanctioned-russian-oligarch-andrei-skoch-worth 0
Continue reading
US: The UCC gets a Digital Asset Refresh
bit.ly/3cKhJuOwww.vorys.com/publications-3131.htmlwww.skadden.com/insights/publications/2022/10/amendments-to-uniform-commercial-code?sidPossessing the Unpossessable – Holding Digital Assets in Your UCC Hands | Seyfarth Shaw LLP Update:www.mayerbrown.com/en/perspectives-events/publications/2023/12/the-promise-and-potential-of-blockchain-and-new-ucc-article-12 See also:www.crowellcryptodigest.com/2022/10/digital-currency-control/ 0
Continue reading
US: OFAC sanctions Virtual Currency Mixing Protocol connected to Money Laundering Activities
www.findknowdo.com/news/08/08/2022/ofac-sanctions-virtual-currency-mixing-protocol-connected-money-laundering-activities?utmwww.steptoeblockchainblog.com/2022/08/ofac-designates-tornado-cash-in-first-action-against-a-decentralized-platform/#page=1thelens.slaughterandmay.com/post/102hur1/tornado-cash-us-treasury-sanctions-virtual-currency-mixer#page=1gtlawinfo.com/rv/ff0096b90cc61b5ccec56cdc504d9a510a9e9932www.fintechanddigitalassets.com/2022/08/ofac-sanctions-decentralized-virtual-currency-mixer/#page=1www.gtlaw.com/en/insights/2022/8/ofac-sanctions-cryptocurrency-mixing-service-for-allegedly-facilitating-money-launderingbtlaw.com/en/insights/alerts/2022/ofac-blocks-smart-contract-mixer-by-adding-tornado-to-sdn-listwww.crowell.com/NewsEvents/AlertsNewsletters/all/Treasury-Sanctions-Tornado-Cash-and-Turns-Up-Heat-on-Mixerswww.gherson.com/blog/can-a-smart-contract-be-sanctioned/Mixer Tornado Cash Sanctioned by U.S. Treasury | FTI Consultingbuckleyfirm.com/blog/2022-08-12/ofac-sanctions-%E2%80%9Cmixer%E2%80%9D-laundering-over-7-billion-virtual-currency#page=1www.kwm.com/hk/en/insights/latest-thinking/Crypto-sanctions-storm.htmlwww.lowenstein.com/news-insights/publications/client-alerts/ofac-designates-tornado-cash-as-a-sanctioned-entity-as-federal-government-continues-to-increase-regulation-of-decentralized-financial-platformswarren.law/2022/08/18/first-ofac-sanction-of-crypto-bot-what-you-should-know/www.anticorruptionblog.com/uncategorized/ofac-sanctions-virtual-currency-mixer-tornado-cash/#page=1 Update:www.findknowdo.com/news/10/14/2022/coin-center-sues-ofac-over-sanctioning-virtual-currency-mixing-protocolwww.sheppardmullin.com/multimedia-426#page=1$www.findknowdo.com/news/11/08/2022/ofac-redesignates-privacy-enhancing-virtual-currency-protocolblog.freshfields.us/post/102i1s5/ofac-redesignates-tornado-cash-as-us-regulators-continue-targeting-virtual-currCo-Founder of Virtual Currency Mixer Sanctioned for Assistance to North Korea | Find Know DoCourt Victory for Treasury and Indictment of Tornado Cash Founders Highlights AML and Sanctions Risks for DeFi Crypto Platforms | Insights | Skadden, Arps,...
Continue reading
US: Beneficiary Designations and Updates to the SECURE Act and Estate/Gift/GST Tax Exemptions
phillipslytle.com/publications/client-alert/beneficiary-designations-and-updates-to-the-secure-act-and-estate-gift-gst-tax-exemptions/ 0
Continue reading
US: Crypto Trading Platform settles NYDFS Charges for BSA/AML and Cybersecurity Deficiencies with 30 Million USD Payment
www.findknowdo.com/news/08/02/2022/crypto-trading-platform-settles-nydfs-charges-bsa/aml-and-cybersecurity-deficiencies?utmwww.consumerprivacyworld.com/2022/08/new-york-department-of-financial-services-slaps-robinhood-crypto-with-30-million-fine-for-cyber-compliance-failures/#page=1www.lit-wc.shearman.com/new-york-fines-crypto-trading-platform-30m-in-first-ever-dfs-crypto-settlement#page=1www.blockchainandthelaw.com/2022/08/new-york-financial-regulator-brings-first-aml-and-cybersecurity-enforcement-action-against-licensed-crypto-trading-entity/#page=1www.bakerlaw.com/alerts/new-york-department-of-financial-services-publishes-first-crypto-industry-consent-orderwww.steptoeinternationalcomplianceblog.com/2022/08/dfss-first-enforcement-action-against-a-blockchain-company-lessons-learned/#page=1www.steptoeblockchainblog.com/2022/08/dfss-first-enforcement-action-against-a-blockchain-company-lessons-learned/#page=1www.whitecase.com/insight-alert/new-york-state-department-financial-services-imposes-30-million-fine-first 0
Continue reading
US: FDIC warns Banks and Crypto Companies about misleading Customers about whether Crypto Assets are insured
advertisinglaw.fkks.com/post/102hu1q/fdic-warns-banks-and-crypto-companies-about-misleading-customers-about-whether-crwww.findknowdo.com/news/07/29/2022/regulators-order-crypto-firm-cease-claiming-digital-assets-are-fdic-insured?utmwww.fintechlawblog.com/2022/08/fdic-warns-banks-on-crypto-related-deposit-insurance-customer-confusion/#page=1www.cadwalader.com/fin-news/index.php?nid=23&eid=187info.dechert.com/10/16753/august-2022/fdic-issues-cease-and-desist-letter-to-voyager-digital–llc–fact-sheet-on-deposit-insurance-and-cryptocurrency.aspwww.goodwinlaw.com/publications/2022/08/08_04-weekly-roundup Update:www.findknowdo.com/news/08/19/2022/fdic-orders-crypto-companies-stop-claiming-fdic-insures-crypto-products?utmFDIC Takes Action to Stop Cryptocurrency Companies from Making False or Misleading Representations About Deposit Insurance | Consumer Financial Services Law MonitorFDIC issues CDO against five crypto companies | Buckley LLP Infobytes Blog (buckleyfirm.com)www.cadwalader.com/fin-news/index.php?nid=26&eid=211btlaw.com/en/insights/alerts/2022/cease-and-desist-orders-made-to-five-crypto-providers-for-statements-relating-to-fdicwww.venable.com/insights/publications/2022/08/cease-and-desist-to-companies-making-cryptoFDIC examines effects of insurance premiums on bank lending | Buckley LLP Infobytes Blog...
Continue reading
US: Bank fined $37.5 Million for allegedly opening Accounts without Consumers’ Knowledge
www.findknowdo.com/news/08/02/2022/bank-settles-cfpb-charges-opening-sham-accounts-and-improper-credit-practices?utmwww.stateagreport.com/news/u-s-bank-fined-37-5-million-for-allegedly-opening-accounts-without-consumers-knowledge/#page=1www.lenderlawwatch.com/2022/08/18/cfpb-fines-bank-for-accessing-customer-credit-reports-and-opening-accounts-credit-cards-and-lines-of-credit-without-customers-permission/#page=1 0
Continue reading
US: Draft Digital Commodities Consumer Protection Act
insights.mintz.com/post/102hucl/senate-bill-defines-bitcoin-ether-as-digital-commodities-to-be-regulated-by-cftcwww.cadwalader.com/fin-news/index.php?nid=23&eid=190www.akingump.com/a/web/wH6QEXfWDXCAGRrWyCbsiQ/4jWjMP/techspeak-alert.pdfwww.akingump.com/en/news-insights/the-digital-commodities-consumer-protection-act-a-bullet-point-summary.htmlwww.fintechanddigitalassets.com/2022/08/digital-commodities-consumer-protection-act-seeks-to-empower-cftc/#page=1www.dlapiper.com/en/us/insights/publications/2022/08/how-the-digital-commodities-consumer-protection-act-of-2022/www.goodwinlaw.com/publications/2022/08/08_08-the-future-of-us-crypto-regulation#page=1 0
Continue reading