Publication
Financial services monthly wrap-up: October 2024
In October 2024, the Australian Securities and Investments Commission (ASIC) was successful in its action against a life insurer in relation to misleading statements.
In his Blockchain Law column, Robert A. Schwinger discusses a new DOJ report which outlines the various uses of cryptocurrency, the various channels through which the DOJ will take enforcement action in regard to cryptocurrency, and the public safety challenges relating to enforcement against the illicit uses of cryptocurrency. The DOJ is sending a clear message that it will not hold back on enforcing the laws as they currently are written, and that it is well within DOJ’s power to regulate criminal activity even where it involves a novel and developing area like cryptocurrency.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain Law column.
Read the entire article, Blockchain law: DOJ's 'Cryptocurrency Enforcement Framework'.
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