News & Analysis as of

Stablecoins Fraud Blockchain

BakerHostetler

Weekly Blockchain Blog - August 2024

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New Crypto Products Announced, Stablecoin and BTC Data Published - According to a recent press release, OpenEden, a tokenization platform, announced that it is bringing tokenized U.S. Treasury bills to the XRP ledger....more

King & Spalding

Cryptocurrency: Legal Developments and Outlook

King & Spalding on

Federal and state regulators have taken an increased interest in regulating cryptocurrencies, digital assets, and the larger blockchain ecosystem. This landscape is opaque and rapidly evolving, and many industry participants...more

BakerHostetler

White House Issues Statement on Crypto; Bitcoin ETF Rejected; OFAC Sanctions Public Keys; Regulators Address Digital Assets;...

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White House Addresses Crypto Risks; Blockchain Firm Wins Air Force Contract - The White House issued a statement last week briefly outlining the Biden administration’s road map to mitigate the risks of cryptocurrencies,...more

BakerHostetler

New Crypto and NFT Products Launch; Treasury Publishes FSOC Digital Asset Report; SEC Brings Enforcement Actions Against Crypto...

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Crypto Products Launch, Reports Detail CBDC Pilots and Bank Crypto Exposure - Last week, Circle Internet Financial, the issuer of USD Coin (USDC), announced plans “to make USDC available on five additional blockchain...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

BakerHostetler

New Crypto Products Launch, Draft Digital Assets Bill Released, Regulators Address Stablecoins, DOJ Publishes Crypto Report, Hacks...

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Fintech and Crypto Firms Announce Myriad New Crypto Product Launches - This week, a major global payments firm announced the launch of a stablecoin settlement solution that leverages technology by Fireblocks, a digital...more

BakerHostetler

NY DFS Approves New Stablecoin Co., Blockchain Data Solutions Announced, New Cryptocurrency Regulatory and Enforcement Actions in...

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NY DFS Approves New Stablecoin Company, Crypto Financial Products Continue Growth - New York’s Department of Financial Services (DFS) recently granted a charter under New York Banking Law to a Japanese cryptocurrency firm...more

BakerHostetler

IPO Using ERC20 Tokens Approved, Report Details APAC Bitcoin Trading Data, Quorum Is Sold/Acquired, Blockchain Initiatives for...

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Blockchain Used in IPO and ATS, Bitcoin Fund Announced, APAC Trade Data Published - According to reports, this week a Gibraltar-based cryptocurrency exchange, INX Ltd., has announced that the U.S. Securities and Exchange...more

Skadden, Arps, Slate, Meagher & Flom LLP

Blockchain Trends and Enforcement Surrounding the New Technology

In 2019, regulators continued to consider whether and how to regulate blockchain technology. After the two previous years that included a high number of initial coin offerings (ICOs), many of which involved allegedly...more

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