Reed Smith Client Alerts

Key takeaways...

We recently gathered a group of regulatory attorneys from across Reed Smith to provide a rundown of the key trends to watch for in 2024 (if you missed the webinar, you can access the recording on demand).

Please see a short summary of our top takeaways below, and watch for an email invitation to the next installment of this quarterly series – we hope you can join us!

Cryptocurrency enforcement in the United States

  • Significant uptick in crypto enforcement by DOJ, SEC, and CFTC in 2023
  • Anticipate continued surge in crypto enforcement in 2024
  • Crypto enforcement cases may also include significant bankruptcy activity, including FTX and Terraform Labs

Growing use of cryptocurrencies by transnational organized crime groups in Latin America

  • Latin America provides fertile ground for adoption of cryptocurrencies
  • Lack of regulation and enforcement in LATAM makes cryptocurrencies a tool for financial crimes
  • Crypto companies should address these gaps by implementing appropriate policies and procedures, and by acquiring the necessary knowledge