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ARTICLE · 15 MARCH 2022

Federal Cryptocurrency Enforcement In 2022

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This is the ninth post in this year's series examining important trends in white collar law and investigations.

United StatesTechnology
Christopher E. Hart
Christopher E. Hart
Yoni Bard
Yoni Bard
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This is the ninth post in this year's series examining important trends in white collar law and investigations. Our previous post discussed trends in SEC enforcement of ESG priorities. Up next: Looking at the Landscape of Congressional Investigations in 2022.

In 2021, various federal entities took steps toward establishing and exerting their enforcement authority against businesses and individuals transacting in cryptocurrency (or "crypto"), a digital asset that allows for decentralized transactions (i.e., no bank). As market participation continues to surge in this new asset class, big questions remain: What are the rules? Who is enforcing them? The combination of regulatory ambiguity, increased governmental scrutiny, and the multitude of different government actors that have staked out territory in crypto regulation is likely to yield a high level of cryptocurrency enforcement in 2022.

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