In this episode of The Crypto Exchange, hosts Ethan Ostroff and Genna Garver welcome Glenn Pudelka and Straat Tenney from the firm's Intellectual Property Practice Group. They discuss the Ninth Circuit's pivotal decision in...more
In this episode of the Crypto Exchange, host Genna Garver is joined by David Labhart from ACA Group to discuss the dynamic landscape of digital assets and blockchain technology. David, who brings extensive experience from his...more
On September 30, 2025, the Office of the Chief Counsel of the Securities and Exchange Commission’s (SEC) Division of Investment Management (the Division) issued a no-action response (the No-Action Letter) stating that it...more
10/8/2025
/ Banks ,
Cryptoassets ,
Digital Assets ,
Investment ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Investment Funds ,
No-Action Letters ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
On September 23, Acting Chairman of the Commodity Futures Trading Commission (CFTC) Caroline Pham announced the launch of an initiative focused on the use of tokenized collateral, including stablecoins, in derivatives...more
9/26/2025
/ Blockchain ,
Capital Markets ,
CFTC ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Innovative Technology ,
New Guidance ,
Regulatory Agenda ,
Stablecoins ,
Tokenization ,
Trump Administration ,
Working Groups
On September 19, the U.S. Department of the Treasury issued an Advance Notice of Proposed Rulemaking (ANPRM) seeking public input on the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins...more
9/23/2025
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Anti-Money Laundering ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
FinTech ,
Investment ,
Proposed Rules ,
Public Comment ,
Regulatory Requirements ,
Stablecoins ,
The GENIUS Act ,
Trump Administration ,
U.S. Treasury
The Report authored by the Presidential Working Group on Digital Assets Markets (PWG), titled “Strengthening American Leadership in Digital Financial Technology,” along with the accompanying fact sheet, outlines several key...more
9/19/2025
/ AML/CFT ,
Banks ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Cybersecurity ,
Data Privacy ,
Digital Assets ,
Financial Crimes ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
Investment ,
Securities and Exchange Commission (SEC) ,
Trump Administration
In this episode of The Crypto Exchange, hosts Ethan Ostroff and Genna Garver are joined by their colleague Pete Jeydel to explore the implications of the GENIUS Act on sanctions, anti-money laundering (AML), and efforts to...more
9/16/2025
/ AML/CFT ,
Anti-Money Laundering ,
Digital Assets ,
Economic Sanctions ,
FinCEN ,
New Legislation ,
Regulatory Requirements ,
Stablecoins ,
Terrorist Financing Regulations ,
The GENIUS Act ,
U.S. Treasury
As of April 22, 2025, the Securities and Exchange Commission (SEC) is extending the effective date for the amendments to Form N-PORT, adopted on August 28, 2024, from November 17, 2025, to November 17, 2027. The SEC also is...more
On September 8, Nasdaq took a significant step towards revolutionizing the trading landscape by filing with the SEC to enable trading of tokenized securities listed on its exchange starting in 2026. This move, if approved,...more
9/10/2025
/ Alternative Trading System (ATS) ,
Blockchain ,
Capital Markets ,
CFTC ,
Digital Assets ,
Nasdaq ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Tokens ,
Token Sales ,
Tokenization
The Securities and Exchange Commission (SEC) has unveiled its Spring 2025 Rulemaking Agenda, and it’s clear that the crypto market is a focal point. While some anticipated the new Administration would bring in a period of...more
9/8/2025
/ Alternative Trading System (ATS) ,
Anti-Money Laundering ,
Broker-Dealer ,
Cryptocurrency ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Markets ,
FinCEN ,
Regulatory Agenda ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Security Token Offering (STOs)
On September 2, the staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a Joint Staff Statement regarding the listing of leveraged, margined, or financed spot...more
9/5/2025
/ Blockchain ,
CFTC ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Designated Contract Markets (DCMs) ,
Digital Assets ,
Digital Currency ,
Financial Markets ,
FinTech ,
Foreign Boards of Trade (FBOT) ,
Joint Statements ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC)
In this episode of The Crypto Exchange, Genna Garver is joined by Tom Tilton from Troutman Strategies to discuss key legislative developments in the crypto sector, focusing on the GENIUS Act and the Clarity Act. They begin by...more
9/5/2025
/ Banks ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
FinTech ,
New Legislation ,
Popular ,
Proposed Legislation ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC)
As digital assets continue to reshape the financial landscape, regulatory clarity around stablecoins is increasingly vital. The GENIUS Act, signed into law by President Trump in July, establishes the first-ever federal...more
8/27/2025
/ Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment ,
National Security ,
New Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins ,
The GENIUS Act ,
Trump Administration
In this episode of The Crypto Exchange, Genna Garver is joined by Josh Riezman, chief strategy officer and head of U.S. legal at GSR, to discuss the evolving landscape of digital assets and the regulatory environment...more
On August 18, the U.S. Department of the Treasury issued a Request for Comment, inviting interested members of the public to provide input on innovative methods to detect and mitigate illicit finance risks involving digital...more
8/25/2025
/ AML/CFT ,
Anti-Money Laundering ,
APIs ,
Artificial Intelligence ,
Blockchain ,
Comment Period ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Financial Crimes ,
Financial Fraud ,
FinCEN ,
FinTech ,
Innovative Technology ,
Money Laundering ,
Public Comment ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Terrorist Financing Regulations ,
The GENIUS Act ,
U.S. Treasury
On August 1, the Commodity Futures Trading Commission (CFTC) announced an initiative aimed at advancing the U.S.’s position in the global cryptocurrency landscape. Acting Chairman Caroline D. Pham revealed the commencement of...more
8/20/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
Financial Markets ,
Financial Regulatory Reform ,
FinTech ,
Investment ,
New Guidance ,
Regulatory Reform ,
Trump Administration
This episode of PE Pathways features Dr. Jessica Wachter, former chief economist and director of the Division of Economic and Risk Analysis at the Securities and Exchange Commission (SEC), now a professor in quantitative...more
8/18/2025
/ 401k ,
Comment Period ,
Executive Orders ,
Fund Managers ,
Investment Adviser ,
Investment Management ,
Private Equity ,
Private Funds ,
Proposed Rules ,
Retirement Plan ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Trump Administration
In this episode of The Crypto Exchange, Genna Garver is joined by Tony Tuths, senior partner and leader of the Digital Asset Group at KPMG, to discuss recent legislative developments in digital assets. They examine the GENIUS...more
On July 31, the Securities and Exchange Commission (SEC) Chairman Paul Atkins (Chair Atkins) presented “Project Crypto,” an initiative aimed at positioning the U.S. as the global leader in the digital finance world. In his...more
8/6/2025
/ Blockchain ,
Capital Markets ,
Crypto Exchanges ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FinTech ,
Investment ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Since the House passed the CLARITY Act on July 17, the U.S. Senate Banking Committee, which has oversight of the Securities and Exchange Commission (SEC), has been busy working on its own version of the U.S. crypto regulatory...more
8/5/2025
/ Ancillary Agreements ,
Anti-Money Laundering ,
Blockchain ,
BSA/AML ,
CFTC ,
Cryptoassets ,
Digital Assets ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Senate Banking Committee
On July 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its intention to delay the effective date of the final rule imposing anti-money laundering (AML) obligations on...more
7/23/2025
/ Anti-Money Laundering ,
BSA/AML ,
Effective Date ,
Exemptions ,
Final Rules ,
Financial Crimes ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
Investment ,
Investment Adviser ,
Regulatory Requirements ,
Reporting Requirements ,
Rulemaking Process
On June 24, Senate Banking Chairman Tim Scott (R-SC), Subcommittee on Digital Assets Chair Cynthia Lummis (R-WY), Senator Thom Tillis (R-NC), and Senator Bill Hagerty (R-TN) released a set of guiding principles for the...more
6/27/2025
/ Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Markets ,
Financial Regulatory Reform ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Securities Regulation ,
Senate Banking Committee ,
Stablecoins
On June 17, the U.S. Senate voted 68-30 to pass S.1582, the Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act (the Act). This represents a landmark effort by the U.S. Congress to...more
6/25/2025
/ Anti-Money Laundering ,
Bankruptcy Code ,
BSA/AML ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
FinTech ,
Investment ,
National Security ,
Popular ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins ,
Virtual Currency
In this episode of the Crypto Exchange, Genna Garver is joined by John D'Agostino, head of strategy for Coinbase Institutional, to discuss the significant developments in the crypto industry following the Senate's approval of...more
FUNDamentals is a periodic digest of news and information specifically for private funds and their managers. In this issue, we highlight some fundraising trends, new marketing rule FAQs, fund liquidity trends (limited...more
6/17/2025
/ Federal Budget ,
Financial Markets ,
Financial Services Industry ,
Fund Managers ,
Investment ,
Investment Funds ,
Investment Management ,
Limited Partnerships ,
Liquidity ,
Private Equity ,
Private Equity Funds ,
Proposed Legislation ,
Regulatory Reform ,
Regulatory Requirements ,
Trump Administration