My latest for Forbes.com: forbes.com/sites/joshuaga…

A new FATF report looks at the global implementation of the FATF Standards to prevent criminal and terrorist misuse of virtual assets and virtual asset service providers 👉bit.ly/439FjFC

Big thanks to Joshua Garcia Josh Garcia - Partner at Ketsal for sharing insights on regulatory considerations our accelerator batch needs to keep in mind as they build the future of the internet!

1/  Did Ripple concede that there was no exemption available from SA Section 5 for “institutional sales“ in the record before this week’s MSJ?

Today we charged Richard Heart (aka Richard Schueler) and three unincorporated entities that he controls, Hex, PulseChain, and PulseX, with conducting unregistered offerings of crypto asset securities that raised more than $1 billion in crypto assets from investors.

We obtained a temporary asset freeze, restraining order, and other emergency relief against DEBT Box and its four principals, Jason Anderson, his brother Jacob Anderson, Schad Brannon, and Roydon Nelson in connection with a fraudulent scheme to sell crypto asset securities.

Today we charged Impact Theory LLC, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the form of purported NFTs. Impact Theory raised approximately $30 million from hundreds of investors.

The SEC filed and settled its first NFT enforcement action today: sec.gov/news/press-rel… Here's Commissioner Uyeda's and my dissent: sec.gov/news/statement…

Today CFTC issued orders against operators of three DeFi protocols for offering illegal digital asset derivatives trading. Learn more: cftc.gov/PressRoom/Pres…

There has been a lot of talk about cats at the SEC over the past week: sec.gov/news/statement… and sec.gov/news/statement…

Today we charged Stoner Cats 2 LLC with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs) that raised approximately $8 million from investors to finance an animated web series called Stoner Cats.

Thank you again, Ohio Securities Div. and CWRU School of Law for the opportunity to discuss #crypto, #securities, and #commodities related issues with you today at the 50th annual Ohio securities conference. Really a wonderful and well-attended event and engaged audience.

#IMO U.S. Securities and Exchange Commission Cmr. Hester Peirce (👏) continues to lead the charge on finding the right approach and balance of the equities (pun intended) as it relates to #securities laws and #crypto.

Congratulations to the team at @Trips_IP for the launch of their new platform!

My latest for Forbes. Lawmakers shouldn't be using the FTX trial as an excuse to pass comprehensive crypto regulation that goes far, far beyond fraud prevention. Fraudsters don't make up the whole industry - time to break the narrative. forbes.com/sites/joshuaga…

Another one for Forbes - this time on PayPal's receipt of a subpoena from the SEC for PYUSD, and what it means for new stablecoin issuers with U.S. Treasuries as their primary reserves. forbes.com/sites/joshuaga…

The CFPB throws its hat into the ring, hoping to regulate the largest crypto payments companies in the U.S. Read about it in my latest for Forbes. forbes.com/sites/digital-…

How to Divorice your Fintech Partner. Listen now! finxtech.com/how-to-divorce… CFSB Ketsal Kiah Lau Haslett is a bank reporter (she/her)

4/ 😬 The approvals don’t completely obviate the SEC’s capacity to pursue actions. The offer and sales of ether can still implicate securities laws even if ether itself is not a security, says Ketsal’s Zachary Fallon.

#CryptoWorld: Tether denies report of U.S. probe into stablecoin issuer. And Joshua Garcia of @Ketsal discusses a report from the Wall Street Journal that says Tether is facing a probe by U.S. prosecutors, which Tether denies. CNBC @yasterlisky cnb.cx/3YGc26l