
The U.S. Department of Justice (DOJ) has implemented new final rules on data security that affect hiring practices, business operations, and vendor management, emphasizing the need for organizations to review their privacy and cybersecurity programs. These rules apply to anonymized, pseudonymized, and de-identified data, with particular implications for telecom providers. Concurrently, federal banking regulators, including the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Securities and Exchange Commission (SEC), have withdrawn previous guidance on cryptocurrency risks. This move signals a more permissive stance toward banks entering the crypto custody market, allowing lenders greater freedom to offer digital asset services. Experts note that this shift will likely increase cryptocurrency's presence within the U.S. banking system, though banks are advised to maintain robust risk control measures when handling crypto-related funds. Meanwhile, enforcement of anti-bribery and anti-corruption laws under the Foreign Corrupt Practices Act (FCPA) appears to be paused at the federal level, prompting state attorneys general to potentially increase their enforcement efforts. The DOJ's evolving approach to digital asset enforcement and data security reflects broader regulatory adjustments under the Trump administration, creating a complex and divided enforcement landscape.





DOJ Final Rule Applies to Anonymized, Pseudonymized, and De-Identified Data: What Data Licensors Need to Know https://t.co/5o2fD4EhUo | by @Baker_Donelson
DOJ Final Rule Applies to Anonymized, Pseudonymized, and De-Identified Data: What Data Licensors Need to Know https://t.co/gPRvNnQXA5
Given federal policy shifts, cryptocurrency's presence within the U.S. banking system will doubtless increase, so banks should keep in mind key risk control considerations when accepting funds related to crypto transactions, says Jason Noto at Polsinelli. https://t.co/LTzqee4qlv https://t.co/NXlUqxT12y