News & Analysis as of

Non-Fungible Tokens (NFTs) Cryptocurrency Decentralized Autonomous Organization (DAO)

BakerHostetler

Weekly Blockchain Blog - March 2024 #3

BakerHostetler on

Financial Firms Complete Blockchain Pilot, UK Approves Crypto ETNs - A recent press release announced completion of the Canton Network pilot, “a first-of-its-kind program demonstrating the interoperability of twenty-two...more

Proskauer - Blockchain and the Law

U.S. Senate and House of Representatives Introduce Competing Crypto Regulation Bills

On July 12, 2023,  U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-N.Y.) proposed a revised version of their previously introduced crypto regulation bill to create better safeguards for the crypto industry...more

Proskauer - Tax Talks

Recent Legislative Proposals and IRS Guidance on the Taxation of Digital Assets

Proskauer - Tax Talks on

This blog post summarizes recent federal bills that have been introduced (but not yet passed), proposals by the Biden Administration, and guidance issued by the Internal Revenue Service with respect to the taxation of digital...more

Kramer Levin Naftalis & Frankel LLP

Do DAOs Need to Worry About Infringing Patents? MakerDAO and Compound Protocol Serve as Test Cases

Certain decentralized autonomous organizations (DAOs) are currently named as defendants in different court cases. However, the patent infringement cases in which True Return asserts that MakerDAO and Compound Protocol...more

Morrison & Foerster LLP

Japanese Government and Industry Members Signal Commitment to Growth of Web3 Businesses

A recent proposal issued by Japan’s ruling Liberal Democratic Party, along with various other current private- and public-sector initiatives, signals a strong interest in promoting investment in and the growth of an...more

Morrison & Foerster LLP

Japan Committed to Fostering Growth of Web3 Businesses

A recent proposal issued by Japan’s ruling Liberal Democratic Party, along with various other current private- and public-sector initiatives, signals a strong interest in promoting investment in and the growth of an...more

Society of Corporate Compliance and Ethics...

CEP Magazine - March 2023. Compliance in decentralized finance

There has been a lot of discussion recently—across the globe—about how (or if) to regulate the decentralized finance (DeFi) industry. The term DeFi encompasses a broad range of activities and services, including, but not...more

Pillsbury Winthrop Shaw Pittman LLP

How Are Digital Assets Regulated in the United States and Elsewhere?

Continuing instability in the crypto sector highlights the need for clear regulation for efficient development, but how best to regulate is an ongoing debate. Recent instability in the crypto sector will only intensify the...more

BakerHostetler

Crypto Research Published; USPTO Seeks NFT Input; SEC and FINRA Address Digital Assets; OFAC Settles with Exchange; DOJ...

BakerHostetler on

New Research and Surveys Address CBDCs, Institutional Crypto Investment - Staff from the board of governors of the U.S. central bank recently published a research paper addressing central bank digital currencies (CBDCs)....more

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