News & Analysis as of

Cryptoassets Financial Services Industry Distributed Ledger Technology (DLT)

Hogan Lovells

UK Mansion House speech and the National Payments Vision - what this means for digital assets and tokenization

Hogan Lovells on

The Chancellor of the Exchequer’s Mansion House speech on 14 November 2024 and the National Payments Vision—published on the same day—set out key policy initiatives regarding the future of the UK financial services sector....more

Troutman Pepper

Will Resiliency Carry the Digital Asset Sector Through 2024?

Troutman Pepper on

In 2023, the digital asset industry demonstrated remarkable resilience amidst significant challenges, including the dissolution of several digital asset financial services companies, numerous bank failures, and a $4.7 billion...more

American Conference Institute (ACI)

[Event] 8th Forum on FinTech & Emerging Payment Systems - April 9th - 10th, New York, NY

ACI’s 8th Annual Legal, Regulatory, and Compliance Forum on Fintech & Emerging Payment Systems will provide in-depth guidance on the latest regulatory developments at the Federal and State Level that you need to be aware of....more

Lathrop GPM

European Union Markets in Crypto Assets Legislation

Lathrop GPM on

The European Union’s (“EU”) “Markets in Crypto-Assets Regulation” (“MiCAR”) defines crypto-assets as digital assets that may depend on cryptography and exist on a distributed ledger. A basic taxonomy distinguishes between (1)...more

Troutman Pepper

Fed Provides Details of Novel Banking Activities and Cryptocurrency Supervisory Program

Troutman Pepper on

On August 8, the Federal Reserve Board (Fed) issued a press release providing additional information on its Novel Activities Supervision Program (Program) to monitor novel activities in the banks it oversees. Novel activities...more

A&O Shearman

MiCAR under the microscope – Part 2: Are you in or out of scope?

A&O Shearman on

The Regulation on Markets in Crypto-assets (MiCAR) seeks to regulate a broad range of crypto-related products and services that do not currently fall within the scope of existing EU financial services legislation. It does not...more

A&O Shearman

MiCAR under the microscope - Part 1: MiCAR is law

A&O Shearman on

The European Commission has chosen the path of regulation for crypto-assets. This is with the aim of supporting innovation and fair competition, and ensuring a high level of consumer and investor protection and market...more

Proskauer Rose LLP

Regulation Round Up - March 2023

Proskauer Rose LLP on

31 March - SFTR: The European Securities and Markets Authority (“ESMA”) published an updated version of its Q&As (ESMA74-362-893) on complying with reporting requirements under the Regulation on reporting and transparency...more

Hogan Lovells

Hogan Lovells and Zodia Custody have collaborated to produce a digital assets custody paper

Hogan Lovells on

With increasing levels of capital continuing to flow into digital assets globally, an ever-growing pool of asset holders, and even governments exploring various digital asset projects, the need to examine custody services in...more

Dechert LLP

Countdown to MiCA: The EU’s cryptoassets regulation

Dechert LLP on

On 30 June 2022, the European Council (Council) and the European Parliament (Parliament), announced that they had reached a provisional agreement on the proposal for regulation on markets in cryptoassets (MiCA), which covers...more

K&L Gates LLP

Luxembourg Financial Services Regulator CSSF Issues White Paper On Distributed Ledger Technology - DLT Financial Instruments on...

K&L Gates LLP on

In the context of enhanced interest in digital financial services technologies, Luxembourg’s financial sector regulator (the CSSF) has recently published a white paper named “Distributed Ledger Technologies & Blockchain –...more

Hogan Lovells

Cryptoassets and artificial intelligence in EU regulation - FinTech Perspectives

Hogan Lovells on

As in other fields of digital transformation, the EU Commission wants to set a standard with its draft regulations for both cryptoassets, and artificial intelligence. But is it ready for the challenge? Both technologies will...more

A&O Shearman

European Commission Launches Consultations on Digitalization in the Financial Sector

A&O Shearman on

The European Commission has launched two consultations on digitalization in the financial sector. They form part of the EU’s new Digital Finance Strategy which aims to deepen the Single Market for digital financial services,...more

Morgan Lewis

Recent Developments in the Regulatory Treatment of Cryptoassets in the United Kingdom and United States

Morgan Lewis on

Regulators on both sides of the Atlantic continue to monitor and address cryptoasset and distributed ledger technology activities. We recently posted on the guidance issued by the US Financial Crimes Enforcement Network on...more

Faegre Drinker Biddle & Reath LLP

U.K. Tackles Cryptoasset Regulation, Releasing Task Force Report That May Guide Other Countries

On 29 October 2018, the U.K. Cryptoassets Task Force published its final report. What Is It? The Cryptoassets Task Force was launched in March 2018 by the Chancellor of the Exchequer and consists of the Treasury, the...more

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