News & Analysis as of

Third-Party Service Provider Virtual Currency

Bressler, Amery & Ross, P.C.

NY Department of Financial Services Issues Guidance to its Regulated Industry As a Result of the Ongoing Global Conflict

The New York State Department of Financial Services (the “Department”) has issued guidance (“Guidance”) to all individuals and entities regulated by the Department (“Regulated Entities”) to underscore the importance of...more

Holland & Knight LLP

Proyecto de norma en Colombia sobre ofrecimiento de criptoactivos

Holland & Knight LLP on

La Superintendencia Financiera de Colombia (SFC) publicó recientemente un proyecto de circular externa mediante el cual planea impartir instrucciones relacionadas con la vinculación de Proveedores de Servicios de Activos...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

Davies Ward Phillips & Vineberg LLP

Filling the Gap: Scope of Canadian Anti-Money Laundering Laws Expanded

The Canadian federal government has fulfilled its promise to expand Canada’s anti-money laundering (AML) regime to cover crowdfunding platforms and certain payment service providers (PSPs) that previously operated outside the...more

Carlton Fields

Cryptocurrency Regulatory Complexities Multiply

Carlton Fields on

Firms seeking to integrate digital assets into their business — including the sale of insurance or securities products and services — must grapple with the potential applicability of money transmission regulation that varies...more

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