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ARTICLE · 26 MAY 2022

U.S. Government Steps Up Its Enforcement In The Digital Assets Space

Alston & Bird
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Cryptocurrency is no longer on the fringe of the financial services industry. With over $1 trillion in market cap, star-studded Super Bowl ads, and an endless supply of frontpage headlines...

United StatesTechnology
Alston & Bird
Alston & Bird

Executive Summary

Our Blockchain & Digital Assets Team offers a snapshot sample of significant recent developments by a panoply of federal agencies and departments that represent the expanding array of enforcement tools used by federal regulators in the digital assets space in recent months.

  • Multiple agencies are joining forces and coordinating efforts to bring actions against crypto companies
  • Several agencies have created new divisions specifically for crypto-asset investigations and prosecutions
  • Expect more "regulation by enforcement" until Congress and the states can pass legislation codifying agencies' powers

Cryptocurrency is no longer on the fringe of the financial services industry. With over $1 trillion in market cap, star-studded Super Bowl ads, and an endless supply of frontpage headlines, there is no denying that crypto has entered the mainstream. The same is increasingly true for other digital assets and blockchain-based technologies, such

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