Welcome to Compliance Hot Spots, our briefing on compliance, enforcement and government affairs. The U.S. Treasury's general counsel says the agency is preparing a detailed look at the regulatory “imperatives” that cryptocurrencies pose. Plus: Facebook's hired a top US Justice Department antitrust lawyer, and scroll down for our regular installment of Who Got the Work. Thanks, always, for reading this newsletter—and your feedback is welcome. Contact me at [email protected] or 202-828-0315, and follow me on Twitter @cryanbarber.

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Treasury's Top Lawyer Says Crypto Poses Regulatory 'Imperatives'

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As the U.S. Treasury Department prepared a report on financial technology earlier this year, it delved into transformations in lending and payments—and explored how changes in regulation could help spur continued innovation.