The SEC charged the largest crypto asset trading platform in the United States for operating as a broker-dealer, exchange and clearing agency without registering with the SEC.

In a report highlighting its activities during 2022, the FDIC Office of the Ombudsman highlighted "[i]nsufficient or delayed communication" with bank management during the FDIC examination process and "[l]imitations in core banking systems" as causes for stakeholder concern.

The SEC charged Binance Holdings Limited –- the largest international crypto asset trading platform -- along with its beneficial owner and affiliated entities, with numerous violations of the securities laws.

In a public statement supporting the outcome of a recent CFTC enforcement action, CFTC Commissioner Christy Goldsmith Romero outlined how her proposed "Heightened Enforcement Accountability and Transparency" test would have applied to the CFTC determination to impose out-of-the-ordinary penalties.

House Financial Services Committee Chair Patrick McHenry (R-NC) and House Agriculture Committee Chair Glenn Thompson (R-PA) proposed legislation that would establish a digital asset framework and provide for related joint rulemaking from the CFTC and the SEC.