On April 4, 2025, the staff of the SEC’s Division of Corporation Finance (the “Staff”) issued a statement concluding that a narrow class of USD-backed, fully reserved, non-yield-bearing stablecoins (“Covered Stablecoins”) do...more
4/9/2025
/ CFTC ,
Cryptocurrency ,
Digital Assets ,
FinTech ,
Investment Company Act of 1940 ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Securities Act of 1933 ,
Securities Regulation ,
Stablecoins
On August 28, 2023, the Securities and Exchange Commission (the “SEC”) charged Impact Theory, LLC (“Impact Theory”), a media and entertainment company headquartered in Los Angeles, with conducting an unregistered securities...more
9/8/2023
/ Asset Purchaser ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Financial Transactions ,
Investment ,
Investment Contract ,
Non-Fungible Tokens (NFTs) ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Token Sales ,
Unregistered Securities