OFAC sanctioned the "darknet" market, Hydra Market and the ransomware-enabling virtual currency exchange, Garantex.

The FDIC informed supervised institutions engaged in, or considering engaging in, crypto-related activities to notify the FDIC and provide information that would allow the agency to provide relevant supervisory feedback regarding related risks.

President Joseph R. Biden nominated Jaime E. Lizárraga and Mark T. Uyeda to serve as SEC Commissioners.

U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) distributed a draft of a bill to establish a new regulatory framework for "payment stablecoins."