Never has the digital asset space experienced such a succession of high-profile implosions and steady flow of negative mainstream press coverage, leaving many to ask—what next?
The crypto industry has endured arguably its...more
2/15/2023
/ Acquisitions ,
Blockchain ,
Capital Markets ,
Cryptocurrency ,
Digital Assets ,
Financial Markets ,
Financial Products ,
Insolvency ,
Legislative Agendas ,
Mergers ,
Regulatory Agenda ,
Stablecoins ,
Venture Capital
Although the record-breaking deal activity of 2021 spilled over into 2022, headwinds in the first quarter developed into a significant slowdown during the rest of 2022, with an expectation of continued slowness as we enter...more
1/30/2023
/ Acquisitions ,
Buyers ,
Capital Markets ,
CFIUS ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Domestic Dealmaking ,
Environmental Social & Governance (ESG) ,
EU ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
Global Dealmaking ,
Investment ,
Investors ,
Mergers ,
Pharmaceutical Industry ,
Private Equity ,
Publicly-Traded Companies ,
Real Estate Market ,
Securities and Exchange Commission (SEC) ,
Sellers ,
Special Purpose Acquisition Companies (SPACs) ,
Technology
On August 2, in its first ever cryptocurrency enforcement action, the New York State Department of Financial Services ("NYDFS") announced it had imposed a $30 million fine on Robinhood Crypto, LLC ("RHC") for failures in its...more
8/15/2022
/ Bank Secrecy Act ,
BSA/AML ,
Business Licenses ,
Consent Order ,
Cryptocurrency ,
Enforcement Actions ,
New York ,
Noncompliance ,
Notice Requirements ,
NYDFS ,
Regulatory Violations ,
State and Local Government ,
Virtual Currency
On October 10, 2019, CFTC Chairman Heath Tarbert commented on Ether’s status as a commodity:
“We’ve been very clear on bitcoin: bitcoin is a commodity under the Commodity Exchange Act. We haven’t said anything about Ether –...more
11/12/2019
/ Anti-Manipulation Rule ,
Bitcoin ,
Brokers ,
CFTC ,
Commodity Exchange Act (CEA) ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Cryptocurrency ,
Digital Assets ,
Ether ,
Exclusive Jurisdiction ,
False Statements ,
Fraud ,
Futures Commission Merchants (FCMs) ,
Market Participants ,
Misappropriation ,
Popular ,
Registration Requirement ,
Spoofing