Venue
Online

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Event Date Wed Feb 9 UTC (in 17 days)
In your timezone (EST): Tue Feb 8 7:00pm - Tue Feb 8 7:00pm
Location Online
Region All
Details

Under the Biden Administration, multiple government agencies have made significant efforts towards regulating recent developments in digital assets (often known as cryptocurrency) and related activity in decentralized finance.

This digital asset explosion doesn’t clearly correlate to existing regulations, and the government is trying to catch up to developments in the private sector. Federal agencies with significant activity in this area include the SEC, CFTC, OCC, FDIC, FRB, DOJ. As examples, the SEC and CFTC have each brought recent enforcement actions against digital assets and against digital asset exchanges; The President’s Working Group on Financial Markets provided a report on Stablecoins; the three banking agencies have explained that they intend to continue their “crypto sprint” and provide a united regulatory approach towards financial institutions, and the DOJ has created a National Cryptocurrency Enforcement team.

This online events will focus on the following topics and how they may impact the industry:

The regulatory framework and how it relates to digital assets and markets – 6 minutes
Potential impacts to the industry from
President’s Working Group on Financial Markets - report on Stablecoins – 9 minutes
Federal banking agencies’ “crypto sprint” – 9 minutes
SEC enforcement – 10 minutes
OCC “leveling up” – 6 minutes
CFTC enforcement – 5 minutes
NY Financial Services – “techsprint” – NY Attorney General – Cease and Desist Orders - 5 minutes
DOJ – National Cryptocurrency Enforcement Team – 10 minutes

Speakers

2022 Speakers

Stephen T. Gannon
Shareholder, Murphy & McGonigle

Lisa Weingarten Richards
Partner, Murphy & McGonigle