cryptocurrency regulation Archives - Corruption, Crime & Compliance

16 Mar, 2021

CFTC Opens Inquiry into Binance, One of the World’s Largest Cryptocurrency Exchanges

Matt Stankiewicz, Managing Counsel at The Volkov Law Group, joins us for a post looking into the CFTC’s recent inquiry into Binance. Matt can be contacted at [email protected]. On Friday March 12, Bloomberg News reported that the Commodity Futures Trading Commission (“CFTC”) has opened an inquiry into Binance Holdings Ltd. (“Binance”) to investigate allegations that the exchange allowed US citizens to trade in cryptocurrency derivatives,...

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26 Mar, 2019

Former CFTC Chairman Calls to Strengthen Cryptocurrency Regulations

Matt Stankiewicz rejoins us for another posting on cryptocurrency compliance. Matt can be reached at [email protected]. Just this month, former CFTC Chairman Timothy G. Massad released a report through the Brookings Institution entitled “It’s Time to Strengthen the Regulation of Crypto-Assets.” Interestingly enough, Mr. Massad was at the helm of the CFTC during the financial crisis. He even notes that he “share[s] the desire to...

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24 Sep, 2018

Cryptocurrency 101 for Lawyers – What is Mining?

Matt Stankiewicz, a senior associate at The Volkov Law Group, rejoins us for another posting on cryptocurrency. He can be reached at [email protected]. As we have continued with our cryptocurrency posts, we are often asked questions about the foundational elements of the technology behind cryptocurrency. This is not surprising really, it’s a new technology that’s still finding itself and innovations are occurring monthly, if not...

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1 May, 2018

The NYAG’s Virtual Markets Integrity Initiative and Transparency of Cryptocurrency Exchanges

Matt Stankiewicz, Associate at The Volkov Law Group, rejoins us for another posting on cryptocurrency regulation. Matt can be reached at [email protected]. Recently, New York Attorney General Eric T. Schneiderman launched the state’s Virtual Markets Integrity Initiative in order to garner more information and gain insight into the inner workings of cryptocurrency exchanges. To kick off the initiative, the AG’s office sent a questionnaire containing...