By Kyle Brasseur2023-04-04T14:58:00
In the “Wild West” of cryptocurrency, chief compliance officers have become a valuable commodity.
Crypto firms combating the enhanced regulatory scrutiny of the last year can lean on the legitimacy offered by an established and empowered CCO. Investigators are looking toward the compliance policies and procedures of these companies and ensuring their practices meet all relevant requirements. To do so could mean removing the target on one’s back.
But the reverse is equally true: A crypto firm with a CCO found to not be handling the responsibilities of their role seriously might face additional regulatory pressure. Such a situation is currently playing out at Binance, the world’s largest crypto exchange, following charges levied by the Commodity Futures Trading Commission (CFTC) last week.
2023-11-29T21:55:00Z By Aaron Nicodemus
There are a slew of compliance lessons to be learned from the $4.3 billion settlement that Binance, the world’s largest cryptocurrency exchange, reached with the U.S. government.
2023-11-21T23:38:00Z By Aaron Nicodemus
Federal agencies hit Binance with more than $4.3 billion in penalties and imposed multiple compliance monitorships on the virtual currency exchange as punishment for its repeated and intentional violations of U.S. anti-money laundering laws, sanctions, and other regulations.
2023-06-30T16:15:00Z By Jeff Dale
The Enforcement Division of the Commodity Futures Trading Commission announced it established two new task forces to combat cyberattacks and misuse of technology and environmental fraud.
2025-09-26T15:15:00Z By Kristy Grant-Hart guest columnist
When people ask me why I chose to be a compliance and ethics officer, my answer is simple: because what we do changes the world.
2025-09-26T11:00:00Z By Carrie Penman, CW guest columnist
When I first stepped into this profession, my title was not “Chief Compliance Officer.” It was “Ethics Officer.” At Westinghouse, I was tasked with launching a program that, at the time, felt experimental: a global, enterprise-wide ethics initiative built not on rules, but on values. I traded in my career ...
2025-09-26T11:00:00Z By Lisa Johnson, CW guest columnist
After completing law school, I accepted a role in the Hearings group with the Nasdaq Stock Market. I did not have any previous experience or desire to enter the financial services industry, but was fascinated by the regulatory body and its goal to protect individual investor interests.
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