U.S. Developments -
Federal Bank Regulators Issue Joint Statement on Collaborative BSA/AML Compliance -
On October 3, 2018, a group of federal bank regulators and the Financial Crimes Enforcement Network (“FinCEN”)...more
10/9/2018
/ Anti-Money Laundering ,
ASIC ,
Bank Secrecy Act ,
Blockchain ,
CFTC ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Financial Industry Regulatory Authority (FINRA) ,
FinCEN ,
Initial Coin Offering (ICOs) ,
Popular ,
Securities and Exchange Commission (SEC) ,
South Korea ,
Token Sales ,
Virtual Currency
In a flurry of enforcement activity in the digital asset space, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization for broker-dealers,...more
10/8/2018
/ Blockchain ,
Broker-Dealer ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Initial Coin Offering (ICOs) ,
Investment Adviser ,
Investment Companies ,
Investment Company Act of 1940 ,
Popular ,
Regulation D ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Unregistered Securities
Ohio Enacts Cybersecurity Law with addition of Blockchain to Ohio’s Uniform Electronic Transactions Act -
On August 7, 2018 Ohio Governor John Kasich signed SB 220, which adds “blockchain technology” to the definition of...more
8/14/2018
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Extraterritoriality Rules ,
Germany ,
Governor Kasich ,
Initial Coin Offering (ICOs) ,
Japan ,
Legislative Agendas ,
New Legislation ,
Personal Jurisdiction ,
Philippines ,
Popular ,
Pump and Dump ,
Securities and Exchange Commission (SEC) ,
Thailand ,
Token Sales ,
UK
The following update is on our Fintech Legal Report:
FINRA Issues a Regulatory Notice for Firms to Let FINRA Know About Digital Asset Activities -
U.S. Developments -
Regulatory Updates -
Vermont Enacts...more
7/16/2018
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Dear Colleague Letter ,
Department of Justice (DOJ) ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
FinTech ,
Governor Scott ,
India ,
Initial Coin Offering (ICOs) ,
Limited Liability Company (LLC) ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
UK ,
Virtual Currency
During a speech in San Francisco last week at the Yahoo Finance All Markets Summit, William Hinman, Director of the Division of Corporation Finance of the Securities and Exchange Commission (SEC), provided some welcome...more
6/25/2018
/ Bitcoin ,
Certificate of Deposit ,
Cryptocurrency ,
Digital Assets ,
Ether ,
Howey ,
Initial Coin Offering (ICOs) ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Investment Contract ,
Investors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Token Sales