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Louisiana Virtual Currency

Shipkevich PLLC

Louisiana Adopts Virtual Currency License

Shipkevich PLLC on

Louisiana has become the first state to follow New York's lead in issuing a crypto-specific license, accepting Louisiana Virtual Currency Business Activity (VCBA) license applications as of January 1, 2023. All entities...more

McDermott Will & Emery

The Clock Is Ticking: File Now to “Complete” the Louisiana Virtual Currency Business Activity Application by the Statutory...

McDermott Will & Emery on

As the first state to follow New York’s lead in issuing a crypto-specific license, Louisiana began accepting Louisiana Virtual Currency Business Activity (VCBA) license applications as of January 1, 2023. All entities engaged...more

Sheppard Mullin Richter & Hampton LLP

Louisiana Approves Virtual Custody Services and Proposes Virtual Currency Business Licensing Rules

Recently, the Louisiana lawmakers and regulators have taken steps to legalize operations in the state involving virtual currencies. On June 15, the Louisiana governor signed a bill that, effective August 1, 2022, will allow...more

McGlinchey Stafford

The Wait is Over: Louisiana Proposes Virtual Currency Business Rules

McGlinchey Stafford on

The Louisiana Virtual Currency Business Act (Act), which requires virtual currency businesses to hold a license became effective on August 1, 2020. At that time the Louisiana Office of Financial Institutions (OFI) was tasked...more

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