Baker & Hostetler LLP

Background and Scope

The Assessment was drafted by Treasury’s Office of Terrorist Financing and Financial Crimes (“TFFC”), in consultation with multiple U.S. agencies, including the Departments of Homeland Security, Justice, and State; the Commodity Futures Trading Commission (“CFTC”); Office of the Comptroller of the Currency; and the Securities and Exchange Commission (“SEC”). The TFFC also

In this issue:

Montenegro Announces CBDC Pilot, BIS Compares CBDCs to StablecoinsEthereum Network Completes ‘Shanghai’ UpgradeU.S. Treasury Publishes DeFi Risk Assessment; Banque De France Analyzes DeFiStudy Analyzes 2022 Crypto Tax Compliance Across Various CountriesEU Report Analyzes Cryptocurrency Use on Darknet MarketsHackers Drain Millions from