The California Department of Financial Protection and Innovation (DFPI) has released proposed regulations implementing the Digital Financial Assets Law (DFAL), creating a formal licensing regime for businesses engaging in a...more
4/23/2025
/ Comment Period ,
Cryptocurrency ,
Department of Financial Protection and Innovation (DFPI) ,
Digital Assets ,
FinTech ,
Licensing Rules ,
Money Transmission Act ,
NMLS ,
Proposed Rules ,
Public Comment ,
Regulatory Requirements
On March 21, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) officially lifted sanctions on Tornado Cash, the decentralized cryptocurrency mixer it had blacklisted in August 2022....more
4/9/2025
/ Appeals ,
Biden Administration ,
Blacklist ,
Blockchain ,
Cryptocurrency ,
Delisting ,
Digital Assets ,
Economic Sanctions ,
Enforcement Actions ,
FinTech ,
Hackers ,
Judicial Review ,
Money Laundering ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Smart Contracts ,
Trump Administration
For years, UK-based consumer finance and payments firms have viewed the U.S. regulatory landscape as complex, fragmented, and challenging when it comes to expansion. But 2025 may prove to be a turning point....more
President Trump issued an executive order last week targeting government regulation of the digital asset industry to support the "responsible growth and use of digital assets." On the campaign trail, Trump promised to make...more
The Consumer Financial Protection Bureau (CFPB) has proposed an interpretive rule aimed at addressing what it views as ambiguities in the application of the Electronic Fund Transfer Act (EFTA) and its implementing Regulation...more
1/23/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Digital Platforms ,
EFTA ,
Financial Services Industry ,
FinTech ,
Online Gaming ,
Online Marketplace ,
Payment Systems ,
Proposed Rules ,
Regulation E
On August 8, 2023, the Federal Reserve released new guidance for supervised banking organizations on how they can engage in certain crypto-asset-related activities. With the release of the guidance, the Federal Reserve...more
Non-fungible tokens (NFTs), the metaverse, and Web3 bring with them a host of new legal challenges in such areas as IP, securities law, tax, and advertising. As NFTs revolutionize the digital landscape and global economy, it...more
6/9/2022
/ Advertising ,
Best Practices ,
Blockchain ,
Brand ,
Charitable Sales Promotion ,
Contests & Promotions ,
Digital Assets ,
Digital Currency ,
Fundraisers ,
Gambling ,
Games ,
Intellectual Property Protection ,
Investors ,
Metaverse ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Prizes ,
Sales Promotions ,
Securities Regulation ,
Sweepstakes ,
Tax Liability ,
Tax Planning ,
Virtual Currency ,
Webinars