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14 Mar 2022, 7:28 am by Hunton Andrews Kurth LLP
For example, on January 14, 2022, the Federal Reserve Board issued its long-awaited central bank digital currency report entitled “Money and Payments: The US Dollar in the Age of Digital Transformation. [read post]
14 Mar 2022, 4:24 am by Mark Tabakman
While cryptocurrency is becoming more exchangeable for dollars, there are still many unknowns about this exchangeability and state Departments of Labor may not take a liberal view on its propriety. [read post]
11 Mar 2022, 1:39 pm by Jon J. Pinney
The Order not only asks agencies such as the Department of Homeland Security to develop measures to prevent the misuse of cryptocurrencies by bad actors, but also directs the Department of Commerce to investigate ways to keep the United States competitive in digital currencies and assets. [read post]
10 Mar 2022, 9:10 pm by Katelynn Catalano
Central Bank Digital Currency. [read post]
10 Mar 2022, 9:05 pm by Dan Flynn
The indictment says he “did directly and indirectly, corruptly demand, seek, receive, accept and agree to receive and accept personally a thing of value, namely United States Currency, as an influence for the performance of an official act, and in return for and with the intent of being induced to act and omit to do any act in violation of his official duty, that is, for allowing tick-infested and diseased cattle to enter the United States without properly inspecting and/or… [read post]
10 Mar 2022, 7:53 am by Ronald K. Vaske
 The actions contemplated by the Order include an assessment of the possible benefits and risks of launching a U.S. central bank digital currency (CBDC). [read post]
Part of this initiative includes exploring the potential for a US Central Bank digital currency. [read post]
10 Mar 2022, 6:30 am by Hunton Andrews Kurth LLP
On March 9, 2022, President Biden issued the Executive Order on Digital Assets directing the US Department of Treasury, in consultation with the US Department of State, US Department of Justice, and other federal agencies, to study and report on the future of money and payment systems. [read post]
9 Mar 2022, 7:47 pm by Cynthia Marcotte Stamer
Public companies and other market participating or influencing companies and their leaders should begin preparing to comply with enhanced cybersecurity risk management, disclosure, strategy, governance and incident reporting and response requirements of a Proposed Rule the Security and Exchange Commission (“SEC”) published in today’s (March 9, 2022) Federal Register. [read post]
9 Mar 2022, 9:03 am by Alvaro Marañon
The order also requests the relevant federal agencies and departments to explore and submit a report on the adoption of a U.S. central bank digital currency. [read post]
8 Mar 2022, 12:51 pm by Silver Law Group
The ROFX website and domain name has been seized by The Department of Homeland Security, the US Department of Justice and the National Intellectual Property Rights Coordination Center, (a division of ICE.) [read post]
8 Mar 2022, 12:07 pm by Brill Legal Group
The Justice Department seized around $3.6 billion in cryptocurrency linked to the 2016 breach of Bitfinex, a virtual currency exchange. [read post]
8 Mar 2022, 6:50 am by Stewart Baker
It would require companies in critical sectors to report cyberattacks and ransomware to the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency (CISA). [read post]
8 Mar 2022, 6:23 am by Stewart Baker
It would require companies in critical sectors to report cyberattacks and ransomware to the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency (CISA). [read post]
Commerce Department’s Bureau of Industry and Security (BIS) announced that it was imposing export controls targeting Russia’s “defense, aerospace, and maritime sectors” with the goal of “cut[ting] off Russia’s access to vital technological inputs, atrophy[ing] key sectors of its industrial base, and undercut[ting] its strategic ambitions to exert influence on the world stage. [read post]
3 Mar 2022, 9:32 pm by Cynthia Marcotte Stamer
Department of Justice along with the Minnesota and New York Attorneys General (collectively “Justice Department”) have filed a civil antitrust lawsuit to stop UnitedHealth Group Incorporated (“United”) from acquiring Change Healthcare Inc. [read post]