Arguments presented by Coinbase in its answer to SEC charges would, if accepted, potentially deprive the SEC of its most effective tool in regulating digital assets.
The SEC alleges in a Complaint in SDNY that Coinbase...more
7/6/2023
/ Coinbase ,
Contested Proceedings ,
Crypto Exchanges ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Howey ,
New Legislation ,
Regulatory Authority ,
SCOTUS ,
Securities Act ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Regulation
The Biden Administration has launched a comprehensive effort to develop a cohesive policy approach for digital assets.
Key agencies are instructed to report on digital asset issues and legal framework in relation to...more
3/14/2022
/ Anti-Money Laundering ,
Biden Administration ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Non-Fungible Tokens (NFTs) ,
Securities ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury
Department of Justice announces criminal and civil cryptocurrency initiatives as Securities and Exchange Commission Chair Gensler continues to develop the agency’s regulatory and enforcement agenda.
Despite an unsettled...more
12/1/2021
/ Anti-Money Laundering ,
Asset Recovery ,
Cryptocurrency ,
Cybersecurity ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement ,
False Claims Act (FCA) ,
Fraud ,
Policies and Procedures ,
Popular ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Senate Banking Committee
OCC grants national banks the authority to provide cryptocurrency custody services for customers.
On July 22, 2020, the Office of the Comptroller of the Currency (OCC) issued an interpretive letter (the letter) granting...more
On the newest episode of Industry Insights podcast, host Joel Simon and Daniel Budofsky discussed digital securities and virtual currencies. Joel Simon: While the world has been busy battling COVID-19, it has been making...more
Federal regulators start to address some of the recent questions about digital assets such as tokens and virtual currencies, though many questions remain.
U.S. Regulators and Congress are grappling with how to manage the...more
9/12/2019
/ Anti-Money Laundering ,
Asset Tokens ,
Commodities ,
Cryptocurrency ,
Digital Assets ,
Financial Industry Regulatory Authority (FINRA) ,
Howey ,
Know Your Customers ,
Legislative Agendas ,
No-Action Letters ,
Regulatory Agencies ,
Regulatory Agenda ,
Securities ,
Securities and Exchange Commission (SEC) ,
Utility Tokens ,
Virtual Currency
Commission’s action shows the limited utility of the utility token-security token distinction.
Regulator finds that sellers of blockchain-based digital coins cannot dodge securities law by calling the coins “utility...more
1/3/2018
/ Blockchain ,
Cryptocurrency ,
Digital Currency ,
Howey ,
Initial Coin Offering (ICOs) ,
Investors ,
Regulation A ,
Rule 506 Offerings ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Tier 2 Offerings ,
Token Sales ,
Unregistered Securities ,
Virtual Currency
The ICO boom in 2017 brings with it questions of jurisdiction and compliance, and a need for further guidance -
The benefits of ICOs in raising capital, as well as in providing a marketing push for a new business model,...more
11/3/2017
/ Bitcoin ,
Blue Sky Laws ,
Canada ,
Canadian Securities Administration ,
China ,
Cryptocurrency ,
CTFC ,
Ether ,
Howey ,
Initial Coin Offering (ICOs) ,
Initial Public Offering (IPO) ,
Investment Contract ,
Investors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Smart Contracts ,
South Korea ,
Startups ,
Token Sales ,
Trading Platforms ,
Unfair or Deceptive Trade Practices