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Despite Fragile Peace in Ukraine, U.S. Sanctions Keep on Coming

On Friday, the White House issued new sanctions against Russia in response to Russian troop advances in eastern Ukraine that helped turn the tide of the conflict. However, a fragile truce was struck a week ago between...more

House of Representatives Passes Department of Energy Lab Modernization Act

Last week, a bipartisan coalition in the House of Representatives voted in favor of HR 5120, the Department of Energy Laboratory Modernization and Technology Transfer Act of 2014. The Act, which seeks to reform the United...more

Update on EU sanctions on Ukraine and Russia pertinent to Cyprus, BVI and Cayman

New EU restrictions and prohibitions - As the crisis over Ukrainian sovereignty has deepened, notably following the crash of Malaysia Airlines Flight 17, the EU has sought to increase punitive measures on rebel groups...more

Canada’s Economic Sanctions Against Ukraine and Russia Extended to Additional Individuals and Entities; Oil & Gas Technology...

On August 6, 2014, Canada amended the Special Economic Measures (Ukraine) Regulations and Special Economic Measures (Russia) Regulations to further expand the list of “designated persons”, both individuals and entities, with...more

New EU sanctions in relation to Ukraine

On July 18, 2014, the European Council adopted Regulation (EU) No 783/20141 which expanded the scope of individuals, entities and bodies who could be added to the list of sanctions targets. Those materially or financially...more

Additional EU Sanctions Imposed on Russia

The European Union announced its intention to adopt a broad package of trade and economic sanctions against Russia, targeting access to EU capital markets, defence exports, energy related equipment and technology and...more

Congress Returns from July 4th Recess - What to Expect in the Coming Months

Although the 113th Congress continues to see a dearth of legislation seeing final approval, over the past six months, Congress has managed to finalize Fiscal Year 2014 appropriations; address the Sustainable Growth Rate...more

Last Week At The FEC: Commission Issues Bitcoin Opinion, Questions Remain

On May 8, after nearly three months of consideration, the Federal Election Commission issued an Advisory Opinion in response to Make Your Laws (MYL) PAC's request that it approve a framework within which political committees...more

FEC Approves Bitcoin Transactions

Earlier this month the Federal Election Commission issued Advisory Opinion 2014-02, which permits the acceptance of Bitcoins for political contributions. Bitcoin is a form of virtual, peer-to-peer currency that can be...more

FEC Allows Small Bitcoin Political Contributions

On May 8, the FEC unanimously approved an advisory opinion permitting political committees to accept bitcoin contributions of $100 or less, and allowing political committees to buy and sell bitcoins as an investment. ...more

FEC Approves Bitcoin Political Donations While SEC Issues Investor Alert

On May 8, the Federal Election Commission (FEC) unanimously affirmed in an advisory opinion that political committees (including candidate campaigns and political action committees) could legally accept small bitcoin...more

What’s in Store on the Floor: This Week in Appropriations

The House and Senate are back from recess and the appropriations season is moving forward in full swing. The House passed the Military Construction and Veterans Affairs Appropriations bill and the Legislative Branch bill with...more

"US Government Announces Ban on High-Technology Exports to Russia and Crimea"

On April 28, 2014, as part of its evolving response to the situation in Ukraine, the White House announced new restrictions on exports of “high-technology” items and services to Russia and Crimea. The announcement also...more

New G-7 Sanctions Against Russia

The United States, in coordination with other G-7 nations, announced on Monday, April 28 new sanctions on individuals and entities with ties to the Russian government and President Putin. The newly announced sanctions build...more

Last Week At The FEC: Continued Delay On Bitcoins

Last week the Federal Election Commission met in executive session and held an open audit hearing on the Democratic Party of Illinois as well as an open meeting where it discussed various draft advisory opinions related to...more

EU, U.S., Ukraine and Russia Sign Pact to Deescalate Crisis, but Sanctions Threats Still Loom

On April 17, 2014, U.S., EU, Russian and Ukrainian representatives endorsed an agreement outlining initial steps to deescalate tensions in Ukraine. For the moment, the agreement may temporarily stall additional U.S. and EU...more

Last Week At The FEC: Commission Confirms That Federal Funds Can Support State Candidates

Last week the Federal Election Commission did not meet, but held a tally vote to approve Advisory Opinion 2014-03 regarding the use of campaign funds to pay for public communications in support of both a federal candidate and...more

Bitcoin: Regulators and States Out Ahead—Will Congress Follow?

Bitcoin, a decentralized digital currency that facilitates quick exchanges of value, has received steady attention from the media and industry stakeholders. Akin to gold, bitcoins are mined using computers to solve...more

Attorney General Holder Calls on Congress to Establish Strong National Data Breach Notification Standard

Yesterday, in his weekly video address, Attorney General Eric Holder urged Congress to create a national data breach notification standard requiring companies to quickly notify consumers of a breach of their personal or...more

Energy & Clean Technology Connections: Your Law Firm Link to Industry News -- February 2014

In the February edition of Energy & Clean Technology Connections, we bring you recent industry highlights, the latest news from Capitol Hill, and a list of upcoming energy industry events. For links to industry grant...more

Last Week at the FEC: Commission Asked to Approve a Framework for Acceptance and Use of Bitcoins

Last week the Federal Election Commission did not meet, but made public AOR 2014-02, an Advisory Opinion Request from Make Your Laws PAC ("MYL PAC") related to Bitcoins, as well as a Final Audit Report related to the North...more

Bitcoins Drawing Increased Interest from Congress, New York and Merchants

Given the growing acceptance of Bitcoins, Congressional and state regulator interests have piqued. Two Senate subcommittees— the Senate Committee on Homeland Security and Governmental Affairs and the Senate Committee...more

Money Transmission Act Petition Withdrawn/Initiative Would Presume Harm For Release Of “Personally Identifying Information”

Money Transmission Act Petition Withdrawn - Earlier this month, I wrote about a pending petition questioning the failure of the Department of Business Oversight to adopt regulations under the Money Transmission Act. ...more

Federal Election Commission Seeks Public Comment On The Use Of Bitcoins As Political Contributions

A political action committee has sought an advisory opinion from the Federal Election Commission (FEC) as to whether bitcoins can be accepted as political contributions and, if so, how bitcoins should be characterized and...more

Senate Committee Expands Review Of Virtual Currency Policies

On August 12, Senators Tom Carper (D-DE) and Tom Coburn (R-OK), the leaders of the Senate Committee on Homeland Security and Government Affairs, sent a letter to Secretary of Homeland Security Janet Napolitano regarding...more

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