The California Department of Financial Protection and Innovation (DFPI) may soon have another regulatory regime under its belt—answering the long-open question of digital asset regulation in California…
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/ Finance & Banking, Science, Computers, & Technology
As any founder knows, operating in the blockchain space requires navigating a myriad of regulatory regimes. While every product and token are different, below are 6 key questions that any founder should ask themselves as they…
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/ Finance & Banking, Science, Computers, & Technology
A flurry of recent activity has reinforced the SEC’s commitment to regulate crypto assets, including trading systems that trade crypto asset securities…
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/ Finance & Banking, Securities Law
Venture investments in blockchain companies are often similar to investments in traditional, high-growth technology startups. However, there are a few differences any company or investor should know about..…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
Venture capital investors in blockchain companies often require formal rights to receive tokens or other digital assets created by those companies. Typically, these rights are provided through an instrument called a “token…
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/ Finance & Banking, Science, Computers, & Technology
Turbulence in crypto and blockchain has shed light on a question that has received increasing attention: how web3 companies share ownership in digital networks, including through tokens. As the industry wrestles with this…
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/ Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology
Ending doubts regarding its interest in the space, the Consumer Financial Protection Bureau (CFPB) has for the first time publicly acknowledged its investigation of a crypto company — and it’s likely a sign of things to come. …
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/ Consumer Protection, Finance & Banking
The Division of Corporation Finance of the Securities and Exchange Commission (“SEC”) issued a sample letter on December 8, 2022, highlighting considerations that public companies that are in, or connected to, the crypto…
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/ Finance & Banking, Securities Law
The EU’s Markets in Crypto-Assets (MiCA) regulations are now all but final and may take effect this year. MiCA will provide new regulatory frameworks, including licensing and disclosure obligations, for participants in the…
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/ Finance & Banking, Science, Computers, & Technology
The Federal Reserve Board (“FRB”) announced a significant shift requiring FRB-supervised banking organizations to disclose any current crypto-asset-related activity and to notify FRB in advance of entering into any such business…
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/ Finance & Banking, Science, Computers, & Technology
Coming quickly on the heels of the Biden Administration’s Executive Order on Digital Assets, the Congressional Blockchain Caucus has signaled it will be watching new regulation closely in line with their belief in a “light touch…
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/ Finance & Banking, Securities Law
On March 9, 2022, Bitcoin prices surged and many in the crypto community celebrated as the Biden administration announced a sweeping executive order that acknowledges the key role digital assets will play in global financial…
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/ Commercial Law & Contracts, Finance & Banking
Two recent guilty pleas involving a cryptocurrency exchange serve as a reminder to all money services businesses (“MSBs”)—including those ostensibly located outside the United States but that conduct business there—of the…
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/ Criminal Law, Finance & Banking, International Law & Trade, Science, Computers, & Technology
Against the backdrop of rapidly evolving blockchain technology, the IRS has oftentimes been slow to update its related tax guidance, leaving participants in the blockchain ecosystem uncertain about their tax obligations. Perhaps…
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/ Commercial Law & Contracts, Science, Computers, & Technology, Taxation
What to look out for in the proposed new Chapter 12 of the Uniform Commercial Code (UCC) The world of cryptocurrencies and other forms of digital assets (such as non-fungible tokens) is exploding. While Bitcoin is the largest…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Science, Computers, & Technology, Securities Law
