On December 19, 2025, the Market Participants Division (MPD) of the U.S. Commodity Futures Trading Commission (CFTC) issued a no-action letter (Letter) providing certain private fund managers with temporary relief from the...more
2/5/2026
/ CFTC ,
Commodity Pool ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Exemptions ,
Form PF ,
Fund Managers ,
Investment Adviser ,
No-Action Letters ,
Private Funds ,
Registration Requirement ,
Regulatory Requirements ,
Reporting Requirements
On January 28, 2026, the Divisions of Corporation Finance, Investment Management, and Trading and Markets of the U.S. Securities and Exchange Commission (the “SEC”) issued a joint staff statement on tokenized securities (the...more
2/5/2026
/ Blockchain ,
Compliance ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
FinTech ,
Investment Management ,
New Guidance ,
Popular ,
Regulatory Oversight ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Tokenization
On January 29, 2026, the Securities and Exchange Commission (the “SEC”) Chair Paul S. Atkins and the Commodity Futures Trading Commission (the “CFTC”) Chair Michael S. Selig hosted a joint event1 focused on harmonizing the...more
2/5/2026
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Derivatives ,
Digital Assets ,
FinTech ,
Proposed Rules ,
Regulatory Oversight ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Tokenization
On November 12, 2025, SEC Chairman Atkins delivered remarks previewing how the Securities and Exchange Commission may seek to categorize digital assets as part of Project Crypto, the Commission’s ongoing initiative to develop...more
11/20/2025
/ Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Enforcement Actions ,
Non-Fungible Tokens (NFTs) ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Taxonomy ,
Tokenization
On September 2, 2025, the staffs of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint statement regarding trading of certain spot crypto asset products on regulated...more
9/3/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Financial Markets ,
FinTech ,
Investment ,
Joint Statements ,
New Guidance ,
Regulatory Oversight ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Traders
On July 31, 2025, Securities and Exchange Commission (“SEC” or “Commission”) Chairman Paul S. Atkins delivered a landmark speech (the “Speech”) at the America First Policy Institute, announcing “Project Crypto,” a...more
8/14/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FinTech ,
Popular ,
Proposed Rules ,
Regulatory Reform ,
Securities and Exchange Commission (SEC)
On July 30, 2025, the President’s Working Group on Digital Asset Markets released its report titled “Strengthening American Leadership in Digital Financial Technology” (the “Report”), which outlines the United States’...more
8/11/2025
/ AML/CFT ,
Banking Sector ,
Blockchain ,
Capital Markets ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
FinCEN ,
Regulatory Reform ,
Regulatory Requirements ,
Stablecoins ,
The GENIUS Act
On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act”), establishing the first U.S. statutory federal regulatory framework for payment...more
7/23/2025
/ Anti-Money Laundering ,
Banking Sector ,
Compliance ,
Digital Assets ,
FDIC ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
Legislative Agendas ,
New Legislation ,
Regulatory Reform ,
Stablecoins ,
The GENIUS Act
On May 29, 2025, the staff of the SEC’s Division of Corporation Finance (the “Staff”) issued a statement concluding that certain proof-of-stake blockchain “staking” activities do not involve the offer or sale of “securities”...more
On April 4, 2025, the staff of the SEC’s Division of Corporation Finance (the “Staff”) issued a statement concluding that a narrow class of USD-backed, fully reserved, non-yield-bearing stablecoins (“Covered Stablecoins”) do...more
4/9/2025
/ CFTC ,
Cryptocurrency ,
Digital Assets ,
FinTech ,
Investment Company Act of 1940 ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Securities Act of 1933 ,
Securities Regulation ,
Stablecoins
On February 27, 2025, the U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a formal Staff Statement on “meme coins.”
In this statement, the SEC staff took the position that typical meme...more
3/5/2025
/ Blockchain ,
CFTC ,
Corporate Governance ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Financial Institutions ,
FinTech ,
Investment ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Statutory Interpretation ,
Technology
On February 27, 2025, the U.S. Securities and Exchange Commission (SEC) filed to dismiss its lawsuit against Coinbase, Inc. (“Coinbase”)—an outcome that marks a significant development in the evolving regulatory landscape for...more
On June 5, 2024, the U.S. Court of Appeals for the Fifth Circuit held that the U.S. Securities and Exchange Commission had exceeded its statutory authority in adopting its controversial private fund advisers rule....more
6/11/2024
/ Disclosure Requirements ,
Fiduciary Duty ,
Final Rules ,
Fund Managers ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Management ,
Private Funds ,
Registered Investment Advisors ,
Regulatory Requirements ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation