Recognizing the evolving landscape of digital finance, the Conference of State Bank Supervisors (CSBS), an association of state financial regulators, issued advisory guidance on the treatment of ...
State law regulates the licensing and activities of VCBs. Although regulation by each state varies, agencies are working to make the licensing requirements across states more uniform. This article ...
On October 19, 2023, The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released a Notice of Proposed Rulemaking (NPRM) 1 taking aim at convertible virtual currency (CVC ...