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US: Crypto Trading Platform settles NYDFS Charges for BSA/AML and Cybersecurity Deficiencies with 30 Million USD Payment

www.findknowdo.com/news/08/02/2022/crypto-trading-platform-settles-nydfs-charges-bsa/aml-and-cybersecurity-deficiencies?utmwww.consumerprivacyworld.com/2022/08/new-york-department-of-financial-services-slaps-robinhood-crypto-with-30-million-fine-for-cyber-compliance-failures/#page=1www.lit-wc.shearman.com/new-york-fines-crypto-trading-platform-30m-in-first-ever-dfs-crypto-settlement#page=1www.blockchainandthelaw.com/2022/08/new-york-financial-regulator-brings-first-aml-and-cybersecurity-enforcement-action-against-licensed-crypto-trading-entity/#page=1www.bakerlaw.com/alerts/new-york-department-of-financial-services-publishes-first-crypto-industry-consent-orderwww.steptoeinternationalcomplianceblog.com/2022/08/dfss-first-enforcement-action-against-a-blockchain-company-lessons-learned/#page=1www.steptoeblockchainblog.com/2022/08/dfss-first-enforcement-action-against-a-blockchain-company-lessons-learned/#page=1www.whitecase.com/insight-alert/new-york-state-department-financial-services-imposes-30-million-fine-first 0
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US: FDIC warns Banks and Crypto Companies about misleading Customers about whether Crypto Assets are insured

advertisinglaw.fkks.com/post/102hu1q/fdic-warns-banks-and-crypto-companies-about-misleading-customers-about-whether-crwww.findknowdo.com/news/07/29/2022/regulators-order-crypto-firm-cease-claiming-digital-assets-are-fdic-insured?utmwww.fintechlawblog.com/2022/08/fdic-warns-banks-on-crypto-related-deposit-insurance-customer-confusion/#page=1www.cadwalader.com/fin-news/index.php?nid=23&eid=187info.dechert.com/10/16753/august-2022/fdic-issues-cease-and-desist-letter-to-voyager-digital–llc–fact-sheet-on-deposit-insurance-and-cryptocurrency.aspwww.goodwinlaw.com/publications/2022/08/08_04-weekly-roundup Update:www.findknowdo.com/news/08/19/2022/fdic-orders-crypto-companies-stop-claiming-fdic-insures-crypto-products?utmFDIC Takes Action to Stop Cryptocurrency Companies from Making False or Misleading Representations About Deposit Insurance | Consumer Financial Services Law MonitorFDIC issues CDO against five crypto companies | Buckley LLP Infobytes Blog (buckleyfirm.com)www.cadwalader.com/fin-news/index.php?nid=26&eid=211btlaw.com/en/insights/alerts/2022/cease-and-desist-orders-made-to-five-crypto-providers-for-statements-relating-to-fdicwww.venable.com/insights/publications/2022/08/cease-and-desist-to-companies-making-cryptoFDIC examines effects of insurance premiums on bank lending | Buckley LLP Infobytes Blog...
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US: Bank fined $37.5 Million for allegedly opening Accounts without Consumers’ Knowledge

www.findknowdo.com/news/08/02/2022/bank-settles-cfpb-charges-opening-sham-accounts-and-improper-credit-practices?utmwww.stateagreport.com/news/u-s-bank-fined-37-5-million-for-allegedly-opening-accounts-without-consumers-knowledge/#page=1www.lenderlawwatch.com/2022/08/18/cfpb-fines-bank-for-accessing-customer-credit-reports-and-opening-accounts-credit-cards-and-lines-of-credit-without-customers-permission/#page=1 0
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US: Draft Digital Commodities Consumer Protection Act

insights.mintz.com/post/102hucl/senate-bill-defines-bitcoin-ether-as-digital-commodities-to-be-regulated-by-cftcwww.cadwalader.com/fin-news/index.php?nid=23&eid=190www.akingump.com/a/web/wH6QEXfWDXCAGRrWyCbsiQ/4jWjMP/techspeak-alert.pdfwww.akingump.com/en/news-insights/the-digital-commodities-consumer-protection-act-a-bullet-point-summary.htmlwww.fintechanddigitalassets.com/2022/08/digital-commodities-consumer-protection-act-seeks-to-empower-cftc/#page=1www.dlapiper.com/en/us/insights/publications/2022/08/how-the-digital-commodities-consumer-protection-act-of-2022/www.goodwinlaw.com/publications/2022/08/08_08-the-future-of-us-crypto-regulation#page=1 0
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