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SEC Clarifies Federal Securities Law Treatment of Tokenized Securities

The staff of the US Securities and Exchange Commission’s (SEC’s) Divisions of Corporation Finance, Investment Management, and Trading and Markets (the Staff) issued a joint statement (the Statement) on January 28, 2026...more

New SEC Guidance Provides Regulatory Pathway for DTC Securities Tokenization Services

The SEC staff issued a no-action letter on December 11, 2025 to the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC) granting relief under certain provisions of the federal...more

New York Enacts 2022 UCC Amendments Creating New Regime for Digital Assets Under State Law

New York has now joined with 32 other states and the District of Columbia in enacting the 2022 amendments to the Uniform Commercial Code (UCC) promulgated by the American Law Institute and the Uniform Law Commission. The...more

GENIUS Act Passes in US Congress: A Breakdown of the Landmark Stablecoin Law

The US House of Representatives passed the Guiding and Establishing National Innovation for US Stablecoins Act, or the “GENIUS Act,” on July 17, 2025, sending the landmark legislation to President Donald Trump for his...more

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