News & Analysis as of

Crypto Exchanges Regulatory Reform

A&O Shearman

The UK Future Cryptoasset Regulatory Framework

A&O Shearman on

On 29 April, the UK government published draft legislation which will bring currently unregulated cryptoassets, including stablecoins, within the scope of financial services regulation. This is the first of a number of...more

Hogan Lovells

UK: FCA issues Discussion Paper on regulating new cryptoasset activities

Hogan Lovells on

Following the recent publication by the UK Government of draft legislation which will bring cryptoassets within the regulatory perimeter, the Financial Conduct Authority has now issued a Discussion Paper inviting feedback on...more

Hogan Lovells

UK: HMT publishes draft Statutory Instrument on cryptoasset activities

Hogan Lovells on

The UK government has published long-awaited draft legislation setting out how the regulatory perimeter will be expanded to include cryptoassets, with the introduction of new regulated activities relating to cryptoassets,...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - April 10, 2025

Lowenstein Sandler LLP on

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters...more

BakerHostetler

DOJ’s New Policy on Prosecutions to Focus on Bad Actors, Not Digital Asset Industry

BakerHostetler on

On April 7, 2025, Deputy Attorney General Todd Blanche announced in a memorandum to all DOJ employees (the “Blanche Memorandum”) that the DOJ “will stop participating in regulation by prosecution” and “no longer pursue...more

A&O Shearman

Further suite of technical standards supplementing MiCAR published in the OJ

A&O Shearman on

Six Commission Delegated Regulations supplementing Regulation 2023/114 (the EU Markets in Crypto Assets Regulation) (MiCAR) have been published in the Official Journal of the European Union (OJ), namely: Commission...more

A&O Shearman

Heightened Surveillance And Regulatory Requirements For Virtual Currency Derivatives Exchanges Withdrawn

A&O Shearman on

On March 28, 2025, the Commodity Futures Trading Commission (“CFTC”) Division of Market Oversight (“DMO”) and Division of Clearing and Risk (“DCR”) withdrew Staff Advisory No. 18-14, Advisory with respect to Virtual Currency...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025

Troutman Pepper Locke on

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Carey Olsen

Amendments to the regulatory framework for virtual assets in the Cayman Islands

Carey Olsen on

On 1 April 2025, several key updates will be made to the framework for the regulation of virtual assets in the Cayman Islands. These updates include the introduction and commencement of the VASP licencing framework for...more

Davis Wright Tremaine LLP

Applying NMS Principles to Crypto Markets

Applying Reg. NMS to crypto exchanges could enhance transparency through reforms including a consolidated market data feed and equal data access regulations. A crypto-specific Securities Information Processor (SIP) could...more

Skadden, Arps, Slate, Meagher & Flom LLP

New Senate Crypto Bill Would Limit SEC Regulatory Role in Favor of CFTC

A bipartisan bill introduced in the U.S. Senate last week seeks “to bring crypto assets within the regulatory perimeter” by granting oversight responsibility to the Commodity Futures Trading Commission (CFTC) for most forms...more

McDermott Will & Emery

Montana Pump Fakes a Requirement for Money Transmitters

Against a backdrop of near-daily enforcement actions and constant regulatory changes, Montana inched into the fray by publishing a letter calling on money transmitters to make a submission to the Montana Department of Banking...more

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