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Regulation
Crypto-Asset Market Turmoil: Financial Stability Board Issues Statement | Shearman & Sterling LLP
The Financial Stability Board has issued a statement on international regulation and supervision of crypto-asset activities. The statement is made…
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Regulation
HM Treasury Publishes Inquiry Into Crypto-Assets | Shearman & Sterling LLP
HM Treasury has launched an inquiry into the role of crypto-assets in the U.K. and their regulatory framework. The inquiry poses questions…
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Regulation
New York Fines Crypto Trading Platform $30M In First-Ever DFS Crypto Settlement | Shearman & Sterling LLP
On August 2, 2022, New York State’s Department of Financial Services (“DFS”) announced that Robinhood Crypto, LLC (“RHC”), a trading…
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Regulation
UK Money Laundering Regulation Changes Announced for September 2022 | Shearman & Sterling LLP
Following its 2021 consultation on targeted amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the…
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Regulation
U.S. Crypto Regulation: Biden Signs Executive Order on Strategy to Regulate Crypto | Shearman & Sterling LLP
U.S. Central Bank Digital Currencies Research and development of a U.S. CBDC, including, but not limited to, an assessment of:…
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Regulation
US Stablecoin Regulation: Bringing Stablecoins Into the Regulatory Fold | Shearman & Sterling LLP
On November 1, 2021, the President’s Working Group on Financial Markets (“PWG”), joined by the Federal Deposit Insurance Corporation (“FDIC”)…
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