News & Analysis as of

Executive Orders Non-Fungible Tokens (NFTs)

Proskauer - Blockchain and the Law

In Response to the White House’s Executive Order, FSOC Releases Digital Asset Stability Report with Legislative Recommendations

On October 3, 2022, the Financial Stability Oversight Council (“FSOC”) – a collaborative body formed under the Dodd-Frank Act composed of state and federal regulators and tasked with identifying risks and responding to...more

Foodman CPAs & Advisors

White House Follows Up With Digital Assets Priorities Identified In Executive Order

President Biden’s Executive Order (EO) on Ensuring Responsible Development of Digital Assets was signed on 3/9/22 acknowledging how the rise in digital assets creates an opportunity to reinforce the leadership of the U.S. in...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - October 2022 - Can, and Should, the U.S. Government Develop a CBDC System?

In response to the Executive Order on Ensuring Responsible Development of Digital Assets issued on March 9, 2022, both the White House Office of Science and Technology Policy (OSTP) and the Treasury Department (Treasury) have...more

BakerHostetler

White House Outlines Key Action Items Based on EO Reports Addressing Digital Assets

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On Sept. 16, 2022, the White House released a Fact Sheet providing key findings and action items arising from the nine reports addressing digital assets that have been submitted to the president to date consistent with the...more

Tarter Krinsky & Drogin LLP

White House Calls for Stricter Regulations on Cryptocurrency in New Report

As a follow up to President Biden’s Executive Order on March 9 that asked various federal agencies to issue official reports that examine the risks and benefits of cryptocurrencies, the White House this week released a...more

BakerHostetler

Ethereum Moves to PoS; Firms Launch Crypto, NFT Initiatives; EO Crypto Energy Impact Report Published; Crypto Addressed by OFAC,...

BakerHostetler on

Ethereum Network Completes Transition to Proof of Stake Consensus - After years of development and delays, Ethereum’s long-awaited “merge” occurred this week, changing the network’s consensus mechanism from proof-of-work...more

Foley & Lardner LLP

Top Trends in Digital Assets for 2022

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It's no secret that cryptocurrency markets and the larger digital assets economy have been roiled by recent instability, resulting in discussions about how regulatory initiatives, rising inflationary pressure, and public...more

Tarter Krinsky & Drogin LLP

Uncovering the Metaverse: The Regulation of NFTs

The legal landscape surrounding non-fungible tokens (NFTs) is still within its infancy stages and is largely an unprecedented field of law. Nonetheless, some have started to test the waters in this uncharted area around the...more

King & Spalding

State Attorneys General Poised to Elevate Regulatory Scrutiny of Digital Asset Businesses

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The Attorney General Alliance (“AGA”) recently issued a collaborative White Paper that signals heightened scrutiny of digital asset businesses by state Attorneys General in coming years. Recognizing that it is “no longer...more

Holland & Knight LLP

Let's Talk Cryptocurrencies and "Digital Assets": A Primer for Trust and Estate Lawyers

Holland & Knight LLP on

By now, nearly everyone knows that cryptocurrency is digital money and cryptocurrency transactions are recorded in secure digital ledgers known as blockchains. But that doesn't even scratch the surface of this robust...more

Foley & Lardner LLP

The Varying Federal, State And Local Attitudes On Crypto

Foley & Lardner LLP on

The U.S. Securities and Exchange Commission is adding 20 positions to its Crypto Assets and Cyber Unit. These positions are all enforcement-related. None of the new staff will be charged with carrying out the SEC's...more

Pillsbury Winthrop Shaw Pittman LLP

Commerce Requests Public Input on Digital Assets in Response to Biden’s Executive Order

Businesses connected to digital assets in any way have an opportunity to influence public policy if they submit comments by July 5, 2022. On May 19, 2022, the U.S. Department of Commerce’s International Trade...more

Foley & Lardner LLP

SEC Adds Twenty New Crypto Asset Enforcers

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The Securities and Exchange Commission (SEC) recently announced that it will be adding 20 positions to its newly renamed Crypto Assets and Cyber Unit, including fraud analysts, investigative staff attorneys, trial counsels,...more

Nelson Mullins Riley & Scarborough LLP

[Event] Financial Services Conference - May 18th, Washington, DC

Please join us for the annual Nelson Mullins Financial Services Conference, which will feature a lineup of national speakers on the future of financial services....more

Sheppard Mullin Richter & Hampton LLP

Crypto Round-up: Executive Order Coincides with Uptick in Enforcement Actions

State and federal crypto and NFT-related enforcement actions continue to occupy the regulatory landscape with an apparent uptick coinciding with the issuance of The White House’s Executive Order in March (we discussed the...more

Sheppard Mullin Richter & Hampton LLP

March 2022 Crypto Enforcement Actions Roundup

In the wake of President Biden’s March 9, 2022, executive order outlining his Administration’s desire to establish a comprehensive federal approach to crypto policy and regulation, federal agencies are continuing to focus on...more

Morgan Lewis

Biden-Harris Administration Takes On Digital Asset Regulation

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US President Joseph Biden’s recent executive order outlines the administration’s first take on regulating the digital asset industry, which includes cryptocurrency and non-fungible tokens. The order lays out six policy...more

Pillsbury Winthrop Shaw Pittman LLP

A Long-Awaited Effort to Clarify Regulation of Digital Assets and Cryptocurrency—Unpacking the Biden Administration’s New...

The Biden Administration has launched a comprehensive effort to develop a cohesive policy approach for digital assets. Key agencies are instructed to report on digital asset issues and legal framework in relation to...more

Balch & Bingham LLP

White House Issues Executive Order on Ensuring Responsible Development of Digital Assets

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In November 2021, non‑state issued digital assets reached a combined market capitalization of $3 trillion, up from approximately $14 billion in early November 2016. Several global monetary authorities are exploring, and in...more

Foster Garvey PC

Sports & Entertainment Spotlight: The Dawn of the NIL Era in College Sports

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Well, today is the big day. If you’re reading this week’s installment of the Spotlight, it means that you survived the long and arduous journey of the name, image and likeness (NIL) era in college sports. Indeed, with the...more

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