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FinCEN’s Crackdown on Self-Hosted Wallets

December 22, 2020

Join O’Melveny partner Laurel Loomis Rimon and counsel Braddock Stevenson on Tuesday, December 22, for a Zoom webinar titled, “FinCEN’s Crackdown on Self-Hosted Wallets: O’Melveny Fintech Lawyers Break Down the Surprise New CTR Rule and Answer Your Questions.”

The Department of Treasury sent shockwaves through the cryptocurrency community late Friday, December 18, when the Financial Crimes Enforcement Network (FinCEN) released new requirements that may significantly impact the cryptocurrency ecosystem and hamstring virtual currency exchanges and other industry participants.

The webinar will break down the proposed rule, how its requirements will impact virtual currency exchanges, cryptocurrency owners, and money service businesses and banks generally, and how you can submit comments before the rule goes into effect. 

Register here.

If you would like to send questions in advance of the webinar, please email them to Rachel Cohen

CLE

O’Melveny will be offering one (1) hour of Continuing Legal Education (CLE) for licensed attorneys attending the webinar.