On January 23, 2025, President Donald Trump signed an executive order laying out his new administration’s vision on digital assets (the Order). The Order reflects Trump’s oft-repeated commitment to make the United States the...more
On October 13, Governor Gavin Newsom signed into law a comprehensive licensing regime for digital asset companies operating in California. Until this point, California had refrained from taking a definitive position on...more
11/13/2023
/ Best Execution ,
Capital Requirements ,
Department of Financial Protection and Innovation (DFPI) ,
Digital Assets ,
Disclosure Requirements ,
Exemptions ,
Financial Services Industry ,
Governor Newsom ,
Licensing Rules ,
Money Transmission Act ,
New Legislation ,
Stablecoins ,
Surety Bonds
Earlier this month, a magistrate judge in the Northern District of California dealt another blow to the “kitchen sink” approach to pleading affirmative defenses. In Wesch v. Yodlee, Inc., Magistrate Judge Sallie Kim granted...more
12/21/2021
/ Affirmative Defenses ,
Article III ,
Data-Sharing ,
Failure To State A Claim ,
Laches ,
Litigation Strategies ,
Motion To Strike ,
Personal Data ,
Pleading Standards ,
Putative Class Actions ,
Sensitive Personal Information ,
Standing