News & Analysis as of

Digital Currency Cryptocurrency Financial Conduct Authority (FCA)

Hogan Lovells

The Payments Newsletter including Digital Assets & Blockchain, September 2024

Hogan Lovells on

Key developments of interest over the last month include: the UK Payment Systems Regulator publishing a policy statement on directing APP scams reimbursement for CHAPS payments and final guidance on distinguishing between APP...more

BakerHostetler

Crypto and NFT Firms Make Announcements; Treasury Interprets Crypto Reports; Crypto Enforcement Actions by CFTC, SEC, IRS, DOJ and...

BakerHostetler on

Exchange Reaches Agreement to Sell Assets; New Crypto Products Launch - In a press release this week, Voyager Digital, a cryptocurrency exchange that recently filed for Chapter 11 bankruptcy, announced that it selected the...more

Ankura

The Crypto crash and the regulatory response

Ankura on

Cryptoassets continue to fall in value and the industry is in trouble - The big question now being asked about the cryptoassets meltdown is this: Is it the end of crypto as we know it, or only a short-term correction? The...more

Ankura

Are NFTs valuable digital assets or near-worthless illusions?

Ankura on

Non-fungible tokens are seen by some as an exciting new way to own digital assets such as art, but seen by others as a global confidence trick akin to The Emperor’s New Clothes. Public awareness of non-fungible tokens...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

A&O Shearman

Bank of England and HM Treasury Announce Next Steps for UK Central Bank Digital Currency

A&O Shearman on

The Bank of England and HM Treasury have announced the next steps in the development of a U.K. Central Bank Digital Currency. These include the following...more

BakerHostetler

CBDC Initiatives Announced Across Globe, US Crypto Firms Pursue Licenses and Form Lobbying Groups, DOJ Targets Unlicensed Crypto...

BakerHostetler on

Central Bank Digital Currencies Explored in Thailand, Japan and Sweden - According to a recent press release, the Bank of Thailand (BOT) is seeking public comment on the issuance and development of a Retail Central Bank...more

BakerHostetler

Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, Crypto Regulation Evolves in UK, Estonia and Germany; Blockchain...

BakerHostetler on

Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed - Earlier this month, 3iQ Corp., a Toronto-based investment management firm, announced the listing of its fund, The Ether Fund (the Fund), on...more

Polsinelli

Regulatory Activity in the Digital Asset Space

Polsinelli on

The end of July saw continued regulatory activity in the digital assets space. This entry of BitBlog will cover some of the highlights. 1) The U.S. Securities and Exchange Commission (“SEC”) continues to dole out bits of...more

BakerHostetler

A Bid for a US Publicly Traded Crypto Exchange, Institutional Investments, International Regulatory and Enforcement Actions

BakerHostetler on

2018 Cryptocurrency Recap, Developments in Cryptocurrency Exchanges and Payment Providers - According to a recent report, despite a lower price compared to the previous year, bitcoin’s total trade volume for 2018 is $2.2...more

Robinson+Cole Data Privacy + Security Insider

Financial Conduct Authority Warns Banking Industry of ICOs and Cryptocurrency

Writing a “Dear CEO” letter to banking executives, the Financial Conduct Authority (FCA) warned executives on June 11, 2018, to perform enhanced due diligence on clients who use or trade cryptocurrency for business...more

Holland & Knight LLP

Global Regulatory Update for Cryptocurrency and Initial Coin Offerings

Holland & Knight LLP on

• The rapid proliferation of technological advancements in global financial markets has caused regulators in several countries to increase their scrutiny of investments in, and implications of, cryptocurrencies. • This...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Walmart’s shares took a hit yesterday on Q4 results that showed slowing online sales and below-expected earnings despite a rise in revenue....more

Skadden, Arps, Slate, Meagher & Flom LLP

China Shuts Down ICO Market

For the past few months, issuers of token sales or “initial coin offerings” (ICOs) have known that they were, to some extent, sailing in unchartered waters. Those waters have just gotten a bit murkier with an announcement by...more

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