California has enacted Senate Bill No. 243 (SB 243), establishing the first comprehensive state law specifically regulating “companion chatbots” — artificial intelligence (AI) systems designed to provide adaptive, human-like...more
On September 29, 2025, California Governor Gavin Newsom signed into law Senate Bill 53 (SB 53), known as the Transparency in Frontier Artificial Intelligence Act (TFAIA). This landmark legislation establishes the nation’s...more
10/3/2025
/ Artificial Intelligence ,
California ,
Compliance ,
Cybersecurity ,
Disclosure Requirements ,
New Legislation ,
Popular ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
State and Local Government ,
Whistleblowers
During the Biden administration, boards of directors needed to be mindful of the potential for AI regulations that could constrain widespread AI adoption. This has now changed with the Trump administration, which has adopted...more
9/5/2025
/ Artificial Intelligence ,
Data Centers ,
Executive Orders ,
Federal Funding ,
Government Agencies ,
Infrastructure ,
Innovative Technology ,
Machine Learning ,
Regulatory Agenda ,
Regulatory Reform ,
Request For Information ,
Semiconductors ,
Tax Credits ,
Trump Administration
The U.S. regulatory environment for digital assets has never been more promising for the industry. Since the change in administration, the Securities and Exchange Commission (SEC) has committed to stemming what it has...more
8/19/2025
/ Appeals ,
Blockchain ,
Cryptoassets ,
Digital Assets ,
Enforcement Actions ,
Howey ,
Investment Contract ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Tokenization ,
Unregistered Securities
- What is new: The EU AI Act’s obligations on general-purpose AI providers have now come into force alongside the publication of guidance, a code of practice and a disclosure template that flesh out GPAI model providers’...more
- What is new: The Trump administration’s Working Group on Digital Asset Markets released a comprehensive report outlining some 100 policy and legislative recommendations to position the U.S. as a global leader in digital...more
8/8/2025
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FinTech ,
Popular ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Taxation ,
Trump Administration
- What is new: The Trump administration’s AI Action Plan reflects a striking shift in approach, with the federal government driving development, expansion and regulation, focusing on deregulation, permitting, procurement and...more
7/30/2025
/ Artificial Intelligence ,
Deregulation ,
Export Controls ,
Federal Contractors ,
Government Agencies ,
Infrastructure ,
Innovation ,
National Security ,
Popular ,
Regulatory Reform ,
Technology ,
Trump Administration
- What is new: A recent decision from the Southern District of New York, in Lehrman & Sage v. Lovo, Inc., addresses the intersection of AI voice cloning technology and intellectual property rights, focusing on contract law,...more
- What is new: The U.S. Congress has passed the GENIUS Act, establishing the first federal regulatory framework for payment stablecoins, addressing consumer protection, financial stability and AML compliance.
- Why it...more
7/18/2025
/ AML/CFT ,
Anti-Money Laundering ,
Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Services Industry ,
New Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Stablecoins ,
Trump Administration ,
U.S. Treasury
Two recent summary judgment decisions out of the Northern District of California, issued only two days apart, highlight the complexity of deciding whether the unauthorized use of copyrighted works to train large language...more
Key Points -
- On June 17, 2025, the U.S. Senate passed, with a 68-30 vote, legislation that would authorize and regulate the issuance of stablecoins. Referred to as the GENIUS Act, the bipartisan bill must be passed by...more
7/7/2025
/ Banking Sector ,
Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Legislative Agendas ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins
Texas has become the second state, after Colorado, to enact omnibus legislation regulating artificial intelligence (AI) systems. On June 22, 2025, Texas Gov. Greg Abbott signed into law the Texas Responsible Artificial...more
6/24/2025
/ Artificial Intelligence ,
Biometric Information ,
Corporate Counsel ,
Data Privacy ,
Disclosure Requirements ,
Enforcement Actions ,
Government Agencies ,
Legislative Agendas ,
New Legislation ,
Regulatory Requirements ,
State and Local Government ,
State Attorneys General ,
Technology ,
Texas
On May 29, 2025, the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance issued a statement providing that certain cryptoasset staking activities in connection with proof-of-stake (PoS) networks do...more
On May 19, 2025, President Trump signed into law the bipartisan “Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks Act“ (the “Take It Down Act“ or the “Act“).
- In...more
6/10/2025
/ Consent ,
Cybersecurity ,
Data Privacy ,
Deep Fake ,
FTC Act ,
Legislative Agendas ,
Minors ,
New Legislation ,
Online Platforms ,
Privacy Laws ,
Revenge Porn ,
Technology ,
Trump Administration
On May 5, 2025, several House committees jointly released a discussion draft of a bill to establish a regulatory framework for digital assets. Notably, this proposed Act would clarify the jurisdictional boundaries between the...more
5/29/2025
/ Blockchain ,
Broker-Dealer ,
CFTC ,
Commodity Broker ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Digital Securities ,
FinTech ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Stablecoins ,
Technology
On May 9, 2025, the United States Copyright Office (the USCO) released a 108-page report on whether the unauthorized use of copyrighted materials to train generative artificial intelligence (AI) systems is defensible as a...more
5/16/2025
/ Algorithms ,
Artificial Intelligence ,
Copyright ,
Copyright Infringement ,
Copyright Litigation ,
Copyright Office ,
Fair Use ,
Intellectual Property Protection ,
Technology ,
The Copyright Act ,
Transformative Use ,
Trump Administration
After years of regulatory uncertainty, the Trump administration has signaled a new approach to digital assets, including by establishing a working group focused on digital assets and nominating crypto-friendly chairs to the...more
5/6/2025
/ Artificial Intelligence ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Cybersecurity ,
Data Privacy ,
Digital Assets ,
Enforcement Actions ,
Enforcement Priorities ,
FinTech ,
NYDFS ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
State Attorneys General ,
Technology
On March 24, 2025, Virginia Gov. Glenn Youngkin vetoed the High-Risk Artificial Intelligence Developer and Deployer Act (House Bill 2094). The bill, which had passed through the Virginia Legislature in February 2025, would...more
3/25/2025
/ Algorithms ,
Artificial Intelligence ,
Corporate Counsel ,
Employment Discrimination ,
New Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Management ,
State Legislatures ,
Technology Sector ,
Trump Administration
The U.S. Court of Appeals for the D.C. Circuit has affirmed a district court ruling that human authorship is a bedrock requirement to register a copyright, and that an artificial intelligence system cannot be deemed the...more
3/21/2025
/ Appeals ,
Artificial Intelligence ,
Authorship ,
Copyright ,
Copyright Litigation ,
Copyright Office ,
Copyright Registration ,
Copyrightable Subject Matter ,
Intellectual Property Litigation ,
Intellectual Property Protection ,
Ownership of Works ,
Technology Sector
In an unexpected development, the judge in Thomson Reuters v. Ross Intelligence — a case concerning the use of copyrighted material to train an artificial intelligence (AI) model — reversed much of his 2023 decision denying...more
2/14/2025
/ Artificial Intelligence ,
Copyright ,
Copyright Infringement ,
Copyright Litigation ,
Data Collection ,
Fair Use ,
Intellectual Property Protection ,
Legal Technology ,
Machine Learning ,
Technology ,
Thomson Reuters
On 5 February 2025, Skadden hosted a series of panel discussions looking at the evolving EU, UK and US crypto-asset landscape... The discussion explored how market participants and investors can best anticipate and prepare...more
2/13/2025
/ AML/CFT ,
Blockchain ,
Compliance ,
Corporate Governance ,
Cryptocurrency ,
Digital Assets ,
Enforcement Priorities ,
EU ,
Financial Crimes ,
Financial Regulatory Reform ,
FinTech ,
Regulatory Agenda ,
Sanctions ,
UK
President Trump has taken the first steps toward fulfilling his promise to reverse the Biden administration’s approach to digital assets by issuing an executive order that establishes a framework for fostering the growth of...more
2/10/2025
/ Biden Administration ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Executive Orders ,
Financial Services Industry ,
FinTech ,
Popular ,
Regulatory Agenda ,
Regulatory Reform ,
Revocation ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Technology Sector ,
Trump Administration
The United States Copyright Office (USCO) has released its report on the copyrightability of outputs generated by artificial intelligence (AI) systems (the Report). This is the second of three reports the USCO plans to...more
As Trump administration directives emerge, it’s crucial for businesses and other stakeholders to stay informed and adapt their strategies accordingly. We will provide ongoing coverage of these developments and their potential...more
2/4/2025
/ Affirmative Action ,
Artificial Intelligence ,
Climate Change ,
Cybersecurity ,
Diversity and Inclusion Standards (D&I) ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Executive Orders ,
Federal Contractors ,
Financial Regulatory Reform ,
Healthcare ,
Intellectual Property Protection ,
International Litigation ,
International Trade ,
Legislative Agendas ,
Life Sciences ,
National Security ,
New Legislation ,
New Regulations ,
OECD ,
Privacy Laws ,
Regulatory Agenda ,
Technology Sector ,
Trade Policy ,
Trump Administration
On January 23, 2025, President Donald Trump issued an executive order titled “Removing Barriers to American Leadership in Artificial Intelligence” (Trump AI Executive Order). The Trump AI Executive Order assigns select...more