Law360 (October 25, 2019, 4:02 PM EDT) -- With the widespread arrival of initial coin offerings over the last several years,[1] U.S. authorities have made deliberate progress toward keeping pace with the fast-growing crypto industry.[2]<\/p>\n
The U.S. Department of the Treasurys Office of Foreign Assets Control has arguably been slower to action than either the U.S. Department of Justice or the U.S. Securities and Exchange Commission, both of which have taken an aggressive approach resulting in high-dollar settlements.[3]<\/p>\n
With that said, however, OFAC has more recently taken steps that suggest cryptocurrency regulation and enforcement will be a high-priority item moving forward.<\/p>\n
OFACs Historical Regulation of Cryptocurrency<\/p>\n
OFAC first demonstrated...<\/p>\n
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