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Pending Legislation › Digital Assets › Investment

Manatt, Phelps & Phillips, LLP

House Passes Cryptocurrency Bill Promising Regulatory Clarity

Manatt, Phelps & Phillips, LLP on

After many iterations over the years attempting to regulate the cryptocurrency space, the House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, on May 22, 20241.  The...more

Cadwalader, Wickersham & Taft LLP

Infrastructure Bill Includes Broker Crypto Reporting

Cadwalader, Wickersham & Taft LLP on

On August 10, the Senate passed the Infrastructure Investment and Jobs Act (IIJA), a $1 trillion bill that would fund infrastructure projects and increase cryptocurrency reporting requirements....more

Kramer Levin Naftalis & Frankel LLP

France Clarifies the Accounting Rules Applicable to ICO Issuers and Investors

Kramer Levin Naftalis & Frankel LLP on

France took another step towards becoming a major hub for initial coin offerings (“ICOs”) with the publication by the Accounting Rules Authority (Autorité des normes comptables or “ANC”) of Regulation No. 2018-07 of December...more

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