The SEC alerted broker-dealers about anti-money laundering compliance deficiencies found in recent examinations.

Senators Elizabeth Warren (D-MA), Roger Marshall (R-KS), Joe Manchin (D-WV) and Lindsey Graham (R-SC) reintroduced the Digital Asset Anti-Money Laundering Act. The bill would bring digital assets within the AML/CFT regulatory framework.

The SEC set a comment deadline of October 2, 2023, for proposed amendments to exemptions from the prohibition on Commission registration for certain investment advisers that provide advisory services through the internet.

The U.S. District Court for the Southern District of New York denied a Singapore-based crypto-assets company’s Motion to Dismiss SEC charges in connection with the sale of cryptocurrencies.

In recent analysis, Fried Frank Partner Jason Schwartz addressed the IRS's recently issued notice confirming that consensus-layer staking rewards are taxed at fair market value when the staker has dominion and control over them.