News & Analysis as of

FinTech Initial Coin Offering (ICOs)

Cornerstone Research

SEC Enforcement of Cryptocurrency Dropped 30% in the Last Year of the Gensler Administration

Cornerstone Research on

Enforcement during Gensler administration was considerably higher than during the previous administration. The Securities and Exchange Commission (SEC) brought 33 cryptocurrency-related enforcement actions in 2024, the...more

BakerHostetler

Weekly Blockchain Blog - November 2024 #4

BakerHostetler on

Stablecoin Initiatives Announced by Fintech Companies, DeFi Protocols - Major U.S. payments firm recently announced plans to enable “disbursement partners” to use the PYUSD stablecoin to settle cross-border money...more

Walkers

Global Legal Insights Fintech 2024: Jersey chapter

Walkers on

Financial technology is already well established in Jersey, and firms are embedding technological solutions which enhance their products and services, increase efficiencies, and provide greater transparency. Originally...more

BakerHostetler

New U.S. Stablecoin Launches; U.S. Central Bank Addresses Crypto Activities; DOJ and SEC Enforcement Continues; Major Wallet...

BakerHostetler on

U.S. Fintech Firm Launches Stablecoin; Circle Launches ‘Programmable Wallets’ - A major U.S. fintech and payments firm recently announced the launch of a U.S. dollar-denominated stablecoin, PYUSD. According to a press...more

King & Spalding

Congress's Crypto Crash Course

King & Spalding on

With Increased Congressional Scrutiny, Continued Interest From Committees in Both the House and Senate, and a Turf War Between Congress and Key Regulatory Agencies, Digital Assets Continue to Be Under the Regulatory...more

Skadden, Arps, Slate, Meagher & Flom LLP

NFTs Give Rise to Innovative New Business Models and Revenue Opportunities

Takeaways - Most existing agreements covering the exploitation of intellectual property rights did not contemplate how NFTs should be treated. Drafting and negotiating agreements involving NFTs requires an...more

Latham & Watkins LLP

Crypto in the Crosshairs: What Regulatory Themes Characterized 2020?

Latham & Watkins LLP on

Throughout 2020, cryptocurrencies experienced incremental progress towards the mainstream as institutional investors and financial institutions made positive statements about the nascent asset class, an increasing number of...more

Troutman Pepper Locke

Hub Hub Hooray for the SEC’s FinHub

Troutman Pepper Locke on

The SEC is set to challenge the old adage — “the more things change, the more they stay the same” — with the establishment of FinHub as a standalone office. On December 3, the Securities and Exchange Commission (SEC)...more

Robins Kaplan LLP

Financial Daily Dose 10.6.2020 | Top Story: Cybersecurity Pioneer John McAfee Arrested, Accused of Tax Evasion Over Crypto...

Robins Kaplan LLP on

The SEC has sued “cybersecurity pioneer John McAfee” for “promoting the sale of cryptocurrencies without disclosing that he was being paid to do so.” McAfee allegedly recommended “at least seven initial coin offerings to his...more

Hogan Lovells

Financial institutions general regulatory news, September 2020

Hogan Lovells on

SMCR extension: SI extending implementation date made - The Bank of England and Financial Services Act 2016 (Commencement No. 6 and Transitional Provisions) (Amendment) Regulations 2020 (SI 2020/929) have been made....more

Polsinelli

Down for the Count - Floyd Mayweather Backed ICO Founder Pleads Guilty to Securities Fraud

Polsinelli on

Regulators routinely warn the public not to believe everything you read on the internet and that is especially true as it relates to start-up Centra Tech, Inc. (“Centra Tech”).  Founded by Robert Farkas, Sohrab Sharma and...more

Hogan Lovells

Italy towards the implementation of a legal framework on blockchain

Hogan Lovells on

The Ministry of Economic Development launched a public consultation setting out recommendations for the use of DLT and blockchain in a number of fields, including the regulatory banking and financial industry. ...more

Polsinelli

BitBlog Bi-Weekly Update - May 2020

Polsinelli on

With the world slowly coming out of the COVID-19 lock down and the economy hopefully on the path to recovery there have been many developments in the blockchain / crypto space over the last few weeks....more

Polsinelli

An Ode to Joy- Congressional Research Service’s report on FinTech Innovation and Policy

Polsinelli on

On April 28, 2020, the Congressional Research Service (CRS) published an in depth report related to Fintech, titled Fintech: Overview of Innovative Financial Technology and Selected Policy Issues....more

Perkins Coie

Blockchain Week in Review - April 2020 #2

Perkins Coie on

U.S. Developments - Libra Association updates white paper with plans to release multiple stablecoins - In a newly updated white paper, Facebook’s Libra Association is scrapping its original plan to create a global...more

Polsinelli

BitBlog Bi-Weekly Update - March 2020 #2

Polsinelli on

When we started thinking about this update, less than two weeks ago, the proposal by the U.S. Securities Exchange Commission (“SEC”) to liberalize Reg A and Reg CF (as discussed below) was the biggest news on our minds…. How...more

Perkins Coie

Blockchain Week in Review - February 2020 #3

Perkins Coie on

Weekly Focus: -ICO Issuer Settles SEC Registration Charges - IRS and Cryptocurrency Industry Groups to Meet Amid Agency Enforcement Push - Washington Blockchain Work Group Bill Passes State Senate - Brazilian Central...more

Eversheds Sutherland (US) LLP

Videocast: Asset management regulation in 2020 videocast series – FinTech initiatives

Asset managers will need to consider how FinTech developments impact their business model in 2020, including developments related to digital asset securities, cryptocurrency-based ETFs and blockchain. In this Bottom Line...more

White & Case LLP

Financial institutions M&A: Sector trends - February 2020: Unicorns trail-blaze the London financial services landscape

White & Case LLP on

Financial institutions M&A sector trends: fintech — H2 2019 and outlook for 2020. British thoroughbreds dominate the downs—London has overtaken New York as the world's #1 hub for fintech investments. Unicorns are not...more

Polsinelli

Blockchain Litigation Year In Review (Part 2): Lessons From 2019 And What’s Ahead For 2020

Polsinelli on

It began as an obscure experiment in unregulated virtual currency. Initially undistinguished from Bitcoin, blockchain evolved to become one of the pillars of web 3.0, enabling new means of trust, transparency, security and...more

Polsinelli

Blockchain Litigation Year in Review (Part 1): Lessons From 2019 And What’s Ahead For 2020

Polsinelli on

When is a digital asset a security or a commodity? Are SAFTs safe? Does hyping blockchain create an expectation of profit? Is blockchain a trademark, trade secret or neither? Are free tokens tax-free? Who is Satoshi Nakamoto?...more

Polsinelli

BitBlog Bi-Weekly Update - February 2020

Polsinelli on

Many crypto entrepreneurs are seeking to build decentralized networks in which a token serves as a means of exchange on, or provides access to a function of the network.  In the course of building out the network, they need...more

Latham & Watkins LLP

Taking the Scarlet Out of the Letters I-C-O

Latham & Watkins LLP on

SEC Commissioner Peirce has proposed a three-year safe harbor for qualifying token projects, but regulatory clarity remains elusive. SEC Commissioner Hester Peirce has been a perennial advocate of innovation in the...more

Perkins Coie

Blockchain Week in Review - January 2020 #2

Perkins Coie on

U.S. Developments - U.S. Regulatory Developments - Bill Addressing Tax Treatment of Crypto Transactions Introduced to the House - On January 16, 2020, Congresswoman Suzan DelBene (WA) and Congressman David Schweikert...more

McDermott Will & Emery

[Event] Blockchain Briefing - February 27th, San Francisco, CA

McDermott Will & Emery on

The emergence of blockchain technology has transformed and will continue to disrupt the way companies in various industries conduct business. The technology, strategy and laws in this space are constantly evolving, and as...more

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