Tag: cryptocurrency
SubscribeAdviser Compliance, Crypto, Money Laundering Among SEC Exam Priorities
Cybersecurity. Cryptocurrency. Money laundering. In a recently released report on its examination priorities for 2024, the Securities and Exchange Commission Division of Examination – better known as EXAMS – highlighted several areas it int...
Read MoreCourt Decisions Further Complicates Crypto Regulation
The Securities and Exchange Commission has suffered yet another loss on a cryptocurrency issue in court, adding more upheaval to the messy process of building a new regulatory regime from scratch. The latest legal setback came in the form o...
Read MoreRegulatory Focus on Crypto Continues as FASB Tentatively Approves New Accounting Standards
In keeping with U.S. regulators’ efforts to get a grip on cryptocurrency, the Financial Accounting Standards Board last week tentatively approved much-anticipated rules affecting how businesses account for and disclose crypto assets. The ne...
Read MoreIt’s All About the Money (Laundering)
The Securities and Exchange Commission is sounding the alarm about money laundering. The SEC Division of Examinations sent out a risk alert last month warning that broker-dealers are underfunding and understaffing their anti-money-launderin...
Read MoreSEC Cracks Down on Crypto Exchanges
The big story in the investment world last week was the Securities and Exchange Commission initiating a long-anticipated showdown with the cryptocurrency sector. On June 5, the agency filed a lawsuit against the world’s largest crypto excha...
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