News & Analysis as of

Digital Currency

Mayer Brown

Congress Moves Forward on Stablecoin Legislation: The US Senate Banking Committee Approves the GENIUS Act

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On March 13, 2025, the US Senate Banking Committee passed the Guiding and Establishing National Innovation for US Stablecoins Act of 2025 or “GENIUS Act,” out of committee by a vote of 18-6....more

Orrick, Herrington & Sutcliffe LLP

OCC interpretive letter permits cryptocurrency activities for banks

On March 7, the OCC issued its Interpretive Letter 1183, affirming that national banks and federal savings associations can engage in various cryptocurrency activities, including crypto-asset custody, certain stablecoin...more

BakerHostetler

Weekly Blockchain Blog - March 2025 #2

BakerHostetler on

Executive Order Establishes Strategic Bitcoin Reserve, Digital Asset Stockpile - On March 6, President Trump issued an executive order (EO), Establishment of the Strategic Bitcoin Reserve and United States Digital Asset...more

Burr & Forman

Trump Administration Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile

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On March 6, 2025, President Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile [Fact Sheet: President Donald J. Trump Establishes the Strategic Bitcoin Reserve and U.S....more

A&O Shearman

Implications of the SEC’s stance that meme coins are not securities

A&O Shearman on

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

Stinson - Corporate & Securities Law Blog

SEC Staff Signs Off on Meme Coins

The SEC Staff at the Division of Corporation Finance issued a statement which said “It is the Division’s view that transactions in the types of meme coins described in this statement, do not involve the offer and sale of...more

Seward & Kissel LLP

New Administration Action on Cryptocurrency Tax Regulations

Seward & Kissel LLP on

The Seward & Kissel Tax Group has collected some data and intelligence about what crypto tax changes we may see this year. President Trump aims to assess and revive cryptocurrency regulations via executive order, Congress...more

Orrick, Herrington & Sutcliffe LLP

CRS examines Fed responsibilities and challenges in the 119th Congress

Recently, the Congressional Research Service published a report titled, “Federal Reserve: Policy Issues in the 119th Congress,” which analyzed policy issues for Congress in each category of the Fed’s responsibilities. The...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - February 13, 2025

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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

Orrick, Herrington & Sutcliffe LLP

FDIC releases documents on cryptoasset supervision and plans policy reevaluation

On February 5, the FDIC released 175 documents concerning its supervision of banks involved in cryptoasset-related activities. This release of documents, announced by Acting Chairman Travis Hill, was part of a commitment to...more

WilmerHale

President Trump Signs Executive Order to Strengthen American Leadership in Digital Financial Technology

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On January 23, 2025, President Donald Trump signed an executive order laying out his new administration’s vision on digital assets (the Order). The Order reflects Trump’s oft-repeated commitment to make the United States the...more

Cadwalader, Wickersham & Taft LLP

Crypto Capital of the Planet, but Without CBDCs

On January 23, President Trump issued an Executive Order and accompanying Fact Sheet intending to promote “United States leadership in digital assets and financial technology while protecting economic liberty.” Entitled...more

Skadden, Arps, Slate, Meagher & Flom LLP

White House Announces First Steps Toward New Policies Supporting Cryptocurrencies and Digital Financial Technology

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

Lowenstein Sandler LLP

Crypto Brief - February 6 2025

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

Orrick, Herrington & Sutcliffe LLP

President Trump issues executive order on digital financial technology

On January 23, the White House issued Executive Order 14178: Strengthening American Leadership in Digital Financial Technology to promote “open access to banking services” and prohibit central bank digital currencies (CBDCs)....more

Mandelbaum Barrett PC

Corporate Law and Cryptocurrency: The Impact of Trump’s Crypto Stance on Corporate Transactions

Mandelbaum Barrett PC on

In recent years, cryptocurrency has emerged as a hot topic in the finance industry, with the political environment playing a significant role in shaping how businesses adopt these digital assets. President Donald Trump’s...more

WilmerHale

CFPB Proposes Significant Expansion in Scope of EFTA and Regulation E

WilmerHale on

On January 10, 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a proposed interpretive rule that would expand the Bureau’s consumer protection authority under the Electronic Fund Transfer Act (EFTA) and...more

Carlton Fields

Blockchain: A Conundrum for Clearinghouses and Financial Institutions

Carlton Fields on

Centralized financial intermediaries are a cornerstone for trading, settling, and clearing securities. Large institutions manage the individual accounts at the front end of these activities, while the Depository Trust &...more

Morrison & Foerster LLP

New Federal Initiatives for Digital Asset Regulatory Frameworks

The establishment by the Securities and Exchange Commission (SEC) of a Crypto Task Force and the issuance by President Trump of an executive order entitled “Strengthening American Leadership in Digital Financial Technology”...more

DLA Piper

Blockchain and Digital Assets News and Trends – January 2025

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This periodic bulletin is designed to help companies identify important legal developments governing the use and acceptance of blockchain technology, smart contracts, and digital assets. While the use cases for blockchain...more

Hogan Lovells

Bank of England outlines path to digital pound

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On 14 January 2025, the Bank of England ("BoE") published a design note outlining its current thinking relating to the design of a digital pound (the "Design Note") and a progress update summarising the BoE’s work on...more

Lowenstein Sandler LLP

Crypto Brief - Newsletter - January 24, 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

Hogan Lovells

The Payments Newsletter including Digital Assets and Blockchain, January 2025

Hogan Lovells on

Key developments of interest over the last month include: the U.S. Consumer Financial Protection Bureau looking at digital payment privacy and consumer protections; the UK FCA publishing a discussion paper on admissions and...more

Skadden, Arps, Slate, Meagher & Flom LLP

Cryptocurrencies Stand To Gain From New Regulators and a Receptive Congress

Key Points - - A Republican president and Congress are expected to be more supportive of digital assets than the current administration. - There is a reasonable chance that legislation creating a regulatory framework...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - December 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

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