Taft Indianapolis partner Jason Covert recently co-authored a chapter in the ABA book, Banking [on] Blockchain: A Legal and Regulatory Primer. The book serves as a comprehensive guide to blockchain technology, decentralization, and digital assets and the potential benefits and challenges they pose when utilized within the financial services industry. Covert’s chapter, “Chapter 5: Know-Your-Customer/BSA,” addresses Anti-Money Laundering considerations, regulations, and enforcement in the context of the blockchain and digital assets.

To read more about the book or purchase a copy, visit here.

Covert is a former federal prosecutor and experienced litigator who represents individuals and corporations in a variety of civil, criminal, and regulatory investigations and litigation matters. Prior to joining Taft, he spent more than a decade with the federal government, serving the last six years as a white-collar prosecutor with the U.S. Department of Justice’s (DOJ) Criminal Division, Fraud Section, and before that, as an enforcement attorney with the Office of the Comptroller of the Currency (OCC).