CFTC defines "actual delivery" for digital assets

The Commodity Futures Trading Commission (CFTC) has approved final interpretative guidance on retail commodity transactions involving certain digital assets, clarifying the agency's...


U.S. SEC takes emergency action against former state senator to halt digital asset scam

The U.S. Securities and Exchange Commission (SEC) has obtained an asset freeze and other emergency relief to stop an alleged securities fraud by former Washington state senator David...


U.S. SEC Commissioner Peirce proposes three-year crypto safe harbor
Registered Content

U.S. Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce recently made the case for a token safe harbor, which would provide entrepreneurs in the crypto landscape with a...


Global Payments Newsletter, March 2020

Key developments of interest over the last month include: Spain: The Spanish Council of Ministers has approved a draft Bill for the Digital Transformation of the Financial System, which...

Hogan Lovells Publications

BIS adds a number of companies to the Entity List, including Iran Air International Trade and Investment Alert

As of 16 March 2020Iran Air and a number of other entities were placed on the Bureau of Industry and Security's (BIS) Entity List.

Hogan Lovells Publications

U.S. government ends uncertainty surrounding the use of the Central Bank of Iran (CBI) in humanitarian trade with Iran and opens U.S.-Swiss Humanitarian Channel

On 27 February 2020, the Office of Foreign Assets Controls (OFAC) issued General License (GL) 8 authorizing certain humanitarian trade transactions involving the Central Bank of Iran (CBI)...


Ex-Microsoft software engineer convicted of embezzling $10 million in digital value

A Ukrainian man living in the U.S. is facing up to 20 years in prison after being convicted of 18 federal felonies to defraud his former employer Microsoft out of more than $10 million in...


G20 calls on countries to adopt FATF crypto standards

The G20 has urged countries to adopt the Financial Action Task Force (FATF) standards on virtual assets and virtual asset service providers, which were adopted in June last year.


U.S. SEC and CFTC charge man for fraud in $33 million fraudulent crypto trading scheme

The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have charged Ohio-based businessman Michael Ackerman and two unnamed business...

Loading data