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Crypto Currently: California Enacts Landmark Crypto Licensing Law

On October 13, Governor Gavin Newsom signed into law a comprehensive licensing regime for digital asset companies operating in California. Until this point, California had refrained from taking a definitive position on...more

Crypto Currently: New York Attorney General James Proposes Landmark Digital Asset Law

On May 5, New York Attorney General Letitia James announced a landmark legislative proposal—titled the Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act (hereinafter, the Proposal)—to tighten regulations...more

Crypto Currently: New York Department of Financial Services Issues Virtual Currency Custody Guidance

On January 23, the New York State Department of Financial Services (DFS or the Department) issued guidance clarifying its expectations for New York-based virtual currency businesses regarding the custody of customer assets...more

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