In May, we saw a slower month for crypto enforcement actions by state and federal regulators. See our March 2022 Crypto Enforcement Actions Roundup blog here where we discuss the.
May 2022 Crypto Enforcement Actions Roundup blog where we discuss the regulatory guidance and jurisdiction of federal and state agencies for crypto enforcement matters including; SEC, Department of Treasury,CFTC,DOJ, and Financial Crimes Enforcement Network
Crypto firms are obligated to ensure that their new offerings can leverage innovations while still protecting consumers, reducing cybercrime, combating illicit financial activity, and ensuring their platforms are not used to harm our national security.
On May 19, Alessio Evangelista, the Associate Director of the Enforcement and Compliance Division of FinCEN, presented at the Chainalaysis Links Conference on the topic of “Intersection.