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Cryptoassets Non-Fungible Tokens (NFTs) Stablecoins

BakerHostetler

Weekly Blockchain Blog - June 2024 #2

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TradFi/DeFi Integrations Announced, Yield-Bearing Stablecoin Launches - According to reports, Robinhood, a major U.S. financial services company, has entered into an agreement to acquire Bitstamp, a global cryptocurrency...more

BakerHostetler

Weekly Blockchain Blog - March 2024

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Crypto Exchanges Launch Institutional Platform, LATAM Stablecoin - A major U.S. cryptocurrency exchange recently announced the launch of an institutional platform “aimed at institutions, asset managers, hedge funds and...more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 21

Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds....more

ASKramer Law

Accepting Cryptocurrency and Digital Asset Donations: What Charities Need to Know

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Charities should address several issues when considering whether to accept donations of digital assets, defined to include cryptocurrency, stablecoins, and non-fungible tokens (NFTs)....more

Akin Gump Strauss Hauer & Feld LLP

UK Enacts Legislation to Bring Cryptoassets Within Scope of Existing Financial Services Regulatory Regime

In a move with significant implications for the crypto sector, the UK has enacted legislation to bring cryptoassets within the scope of the existing financial services regulatory regime. The relevant provisions of the...more

Barnea Jaffa Lande & Co.

Securities, Digital and financial assets: New Definitions

The Israel Securities Authority recently promulgated its revised legislative proposal addressing the applicability of securities laws to digital assets. The proposed legislation aims to determine how securities laws will...more

Goodwin

Doing Crypto Business in Europe: MiCAR, the EU’s New Uniform Crypto Code - Part 2

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As noted in our previous Marketing Crypto-Assets in and Into Europe: MiCAR, the EU’s New Uniform Crypto Code, the European Union (EU) Markets in Crypto-Assets Regulation (MiCAR) was published in the Official Journal of the...more

Latham & Watkins LLP

Digital Asset Market Structure Bill Seeks to Fill US Regulatory Gaps

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The proposed bill sets forth a comprehensive framework for the digital asset ecosystem by bridging regulatory gaps, promoting innovation, and protecting consumers. On June 2, 2023, Patrick McHenry, Chairman of the House...more

BakerHostetler

New Crypto and NFT Products Launch; Proposed Crypto Legislation Published; Crypto Enforcement Actions Continue; Wallet Provider...

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New Products Launch for Crypto Futures, Wallets, Stablecoins and Settlement - According to a recent press release, a leading global options exchange has received the necessary approval from the U.S. Commodity Futures...more

Walkers

EU Crypto Regulation - MiCA and TFR adopted

Walkers on

On 20 April 2023, the European Parliament adopted the Markets in Crypto Assets Regulation ("MiCA") and the Regulation on Information accompanying transfers of funds and certain crypto-assets ("TFR") by passing its final vote....more

Skadden, Arps, Slate, Meagher & Flom LLP

A Closer Look at the Proposed UK Cryptoassets Regulatory Regime

In February 2023, the UK Treasury (HMT) published its consultation and call for evidence on the future financial services regulatory regime for cryptoassets (Consultation Paper). This is part of Phase 2 of HMT’s effort to...more

BakerHostetler

Crypto Market Data Published; Digital Assets RFI Issued; BIS Addresses DeFi; NY DFS Issues Crypto Guidance; SEC Brings Crypto...

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Reports Address Crypto Ownership, Stablecoins and Dapp Adoption - Recent reports provide new data on various areas of the digital asset market. In one report, a survey published by a cryptocurrency trading platform found...more

K&L Gates LLP

MiCA – Overview of the New EU Crypto-asset Regulatory Framework (Part 1)

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On 30 June 2022, the new EU Market in Crypto-assets Regulation (MiCA) was agreed on between the European Commission (Commission), the European Parliament (Parliament), and the Council of the European Union (Council). MiCA is...more

Proskauer - Blockchain and the Law

In Response to the White House’s Executive Order, FSOC Releases Digital Asset Stability Report with Legislative Recommendations

On October 3, 2022, the Financial Stability Oversight Council (“FSOC”) – a collaborative body formed under the Dodd-Frank Act composed of state and federal regulators and tasked with identifying risks and responding to...more

K&L Gates LLP

Crypto Alert – Service of English Court Orders by ‘NFT Airdrop,' and Could Crypto Exchanges be Constructive Trustees?

K&L Gates LLP on

D’Aloia -v- Person Unknown & Others1 is the latest in a line of interim application judgments demonstrating the flexibility and innovation of the English courts when it comes to disputes concerning digital assets....more

Dechert LLP

Countdown to MiCA: The EU’s cryptoassets regulation

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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

Foley & Lardner LLP

SEC Adds Twenty New Crypto Asset Enforcers

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The Securities and Exchange Commission (SEC) recently announced that it will be adding 20 positions to its newly renamed Crypto Assets and Cyber Unit, including fraud analysts, investigative staff attorneys, trial counsels,...more

Nelson Mullins Riley & Scarborough LLP

SEC’s Crypto Assets and Cyber Unit Expands Its Reach to Cryptomining

As recently discussed in FinTech Nostradamus, the SEC recently doubled the size of its Crypto Assets and Cyber Unit. Since its inception in 2017, the SEC’s Crypto Assets and Cyber Unit has launched more than 80 investigations...more

Kilpatrick

Crypto Enforcement Is Here, and Always Has Been

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There are those in the crypto sphere who, despite the strong warnings of several federal agencies, believe there can be no enforcement without crypto specific regulation. This is not the case. There are also those who believe...more

BakerHostetler

SEC Signals Ramp-Up in Crypto Enforcement by Nearly Doubling Its Crypto Assets Cyber Unit Staff

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Key Takeaways - ..SEC enforcement actions related to crypto and cyber are expected to significantly increase with the additional 20 staff assigned to the Division of Enforcement unit dedicated to these industries. ...more

Winstead PC

SEC Expands and Renames Cyber Unit to “Crypto Assets and Cyber Unit”

Winstead PC on

On May 3, the SEC announced that the Cyber Unit in the Division of Enforcement is renamed the “Crypto Assets and Cyber Unit” and will expand by 20 positions to approximately 50 positions. Regulation of digital assets has...more

Foley & Lardner LLP

SEC Bolsters Crypto-Regulatory Team

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The Securities and Exchange Commission announced this morning that it will add 20 positions to its Crypto Assets and Cyber Unit. This unit is responsible for protecting investors in the crypto market, as well as keeping them...more

Mintz

Crypto is . . . Everywhere . . . and the SEC and other Regulators Are Sprinting to Keep Up

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Crypto seems to be everywhere these days. Just last week Fidelity Investments launched a bitcoin option for its 401(k) plans. The nation’s largest plan administrator is providing the 23,000 companies it manages retirement...more

Cranfill Sumner LLP

SEC Doubles-Down on Cryptocurrency Regulation With Increased Staffing and Resources for Specialized Enforcement Unit

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Few investors made it through 2021 and 2022 without learning of, discussing, or perhaps purchasing, cryptocurrency or other blockchain assets, and the federal agency responsible for regulating the securities industry has...more

Cadwalader, Wickersham & Taft LLP

The UK’s Plan to Become a Global Crypto Hub

On April 4, 2022, the UK government announced plans to become a “global hub” for the cryptoasset industry with proposals for the regulation of stablecoins, development of an NFT (non-fungible token) issued by the Royal Mint,...more

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