It’s never easy to make accurate predictions about what we might expect to see in the workplace in the coming year. After all:
- At the start of 2020, no one could have predicted COVID-19.
- None of us had heard the phrase...more
11/1/2022
/ Affirmative Action ,
Background Checks ,
Blockchain ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Corporate Governance ,
Cryptocurrency ,
Cybersecurity ,
Data Security ,
Employee Benefits ,
Employee Privacy Rights ,
Employee Retention ,
Employer Liability Issues ,
Employment Policies ,
Fair Credit Reporting Act (FCRA) ,
Federal Contractors ,
Gig Economy ,
Hiring & Firing ,
Immigration Procedures ,
Labor Relations ,
Leave of Absence ,
Pay Equity Laws ,
Reasonable Accommodation ,
Trade Secrets ,
Vaccinations ,
Wage and Hour ,
Workplace Safety
California just passed a new law that will continue to keep the state front and center when it comes to the continued adoption of blockchain technology. However, at the same time, Governor Gavin Newsom vetoed broader...more
Cryptocurrency and the gig economy are a natural fit, and as companies grow faster and expand both nationally and globally, there is a crypto option that is becoming increasingly attractive to both gig economy businesses and...more
Policymakers introduced bipartisan legislation in the Senate on June 7 seeking to provide a comprehensive regulatory framework for cryptocurrency in the United States. The drafters of the legislation tout it as the first...more
The battle over crypto 401(k)s reached a fever pitch last week as 401(k) provider ForUsAll Inc. filed a lawsuit against the U.S. Department of Labor (DOL) in a Washington, D.C. federal court on June 2, alleging that federal...more
6/8/2022
/ 401k ,
Administrative Procedure Act ,
Arbitrary and Capricious ,
Benefit Plan Sponsors ,
Cryptocurrency ,
Department of Labor (DOL) ,
EBSA ,
Employee Benefits ,
Notice and Comment ,
Retirement Plan ,
Rulemaking Process
A popular stablecoin plummeted in value on Wednesday, sending shivers down the spines of crypto investors who were banking on a bit more stability with their holdings – and providing three key takeaways to employers who may...more
California just took a huge leap forward in its innovation efforts when Governor Gavin Newsom issued an Executive Order establishing it as the first state in the nation to begin creating a “comprehensive and harmonized”...more
After federal officials fired a shot across the bow of the crypto world by strongly criticizing the practice of including cryptocurrency as a 401(k) investment option, a new proposal introduced in the U.S. Senate last week...more
As cryptocurrency and blockchain technology continue their way into the mainstream, one key industry that stands out for its adoption of blockchain technology is professional sports. Professional leagues and teams have been...more
5/10/2022
/ Blockchain ,
Collective Bargaining Agreements (CBA) ,
Cryptocurrency ,
Employer Liability Issues ,
Independent Contractors ,
NBA ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Sports ,
UFC ,
Wage and Hour
While some employees and retirees have been asking to have cryptocurrencies included in their 401(k) retirement plans, federal authorities recently issued a strong and direct warning that such a plan might run afoul of...more
President Biden signed an Executive Order yesterday directing several federal agencies to begin focusing their efforts on the growing cryptocurrency field – a development that will surely lead to further mass adoption by...more
As cryptocurrency continues to enter the mainstream, many businesses and employers are trying to understand how to implement blockchain technology at their organizations – and one of the most important choices they’ll have to...more
One of the main talking points after this year’s Super Bowl was the number of commercials involving cryptocurrency, referred to by many within the crypto community as the “Crypto Bowl.” There were commercials from crypto...more
Welcome to FP Forecast, a monthly outlook featuring Fisher Phillips thought leaders providing their insights into what employers can expect in 2022 and beyond. By following along each month, you’ll be in the best position to...more
1/26/2022
/ Bitcoin ,
Blockchain ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Cybersecurity ,
Data Breach ,
Employer Liability Issues ,
Employer Mandates ,
Employment Litigation ,
Employment Policies ,
Hiring & Firing ,
Incentives ,
Infectious Diseases ,
Non-Fungible Tokens (NFTs) ,
OSHA ,
Tax Liability ,
Vaccinations ,
Wage and Hour ,
Workplace Safety
It’s no secret that employers are desperately seeking workers to fill open positions, but there may an under-the-radar reason contributing to the workforce shortage: opportunities created by cryptocurrency and non-fungible...more
Federal officials have recently warned employers and businesses that they could have insult added to injury if they respond to cyberattacks by making ransomware payments – increasingly requested through cryptocurrency – as...more
10/29/2021
/ Bad Actors ,
Best Practices ,
Cryptocurrency ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Enforcement Actions ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Ransomware ,
Sanctions
The People’s Bank of China (PBOC) released a September 24 statement declaring that all cryptocurrency-related transactions will be deemed illegal and that foreign exchanges are banned from providing services to residents in...more
As ransomware attacks continue to become more of a concern for employers of all sizes, an increasing number of hackers are demanding cryptocurrency such as Bitcoin in exchange for ending their attack. The recent ransomware...more
7/14/2021
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Hackers ,
Phishing Scams ,
Popular ,
Ransomware
The healthcare industry has unique data management needs as it deals with patient information that is sensitive, personal, and confidential. However, this data is often stored and spread across different facilities and...more
7/14/2021
/ Blockchain ,
Cryptocurrency ,
Data Management ,
Data Privacy ,
Data Protection ,
Data Security ,
Data Storage ,
Data-Sharing ,
Distributed Ledger Technology (DLT) ,
Electronic Medical Records ,
Electronic Protected Health Information (ePHI) ,
Health Care Providers ,
Health Information Technologies ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Information Blocking Rules ,
Physicians ,
Popular