1/24/2025 2:48:51 PM White House Embraces Crypto as SEC Opens Door for Banks By Dan Davis Alex Kim The Trump administration is moving swiftly to reshape federal digital asset policy. On January 23, President Trump issued an executive...
12/30/2024 3:31:49 PM IRS Broker Rule for Digital Assets Faces Constitutional Challenge From Industry Leaders By Dan Davis Alex Kim Three digital asset organizations have jointly filed a lawsuit challenging the Internal Revenue Service’s (IRS) new digital asset broker...
9/5/2024 7:02:56 PM CFTC’s Uniswap Settlement Sparks Debate on DeFi Regulation By Dan Davis Alex Kim The Commodity Futures Trading Commission (CFTC) continues to expand its regulatory reach in the decentralized finance (DeFi) space, this...
8/15/2024 6:14:22 PM Crypto Compliance in Focus: FINRA Unveils Key Insights on Member Firms’ Digital Asset Activities By Susan Light James Brady Alex Kim The Financial Industry Regulatory Authority (FINRA) released a comprehensive update on its insights into its member firms’ involvement in...
8/12/2024 6:26:59 PM Court Denies SEC’s Request for Disgorgement in Ripple Case By Dan Davis Alex Kim In a setback to the Securities and Exchange Commission’s (SEC) crypto enforcement efforts, a federal court has denied the agency’s...
8/2/2024 5:55:56 PM Artists Sue SEC, Challenging Agency’s Authority Over Digital Art and NFTs By Alex Kim Two artists have filed a lawsuit against the Securities and Exchange Commission (SEC), contesting the agency’s assertion of authority...
7/9/2024 4:19:38 PM Ether’s Legal Status Clarified? CFTC Scores Win as Court Backs Agency’s Commodity Classification By Dan Davis Alex Kim In a victory for the Commodity Futures Trading Commission (CFTC), a federal court has granted summary judgment in favor of the agency in...
7/2/2024 3:50:45 PM SEC Targets Crypto Infrastructure Provider: Consensys Charged with Operating Unregistered Broker and Selling Unregistered Securities By Dan Davis Alex Kim In a significant escalation of its crypto enforcement efforts, the Securities and Exchange Commission (SEC) has filed charges against...
1/12/2024 4:58:43 PM See Spot Run (Finally): After Over a Decade of Rejections, SEC Approves 11 New Spot Bitcoin ETPs By Dan Davis James Brady Alex Kim Eleven spot bitcoin-based exchange-traded products (ETPs) were finally approved by the Securities and Exchange Commission (SEC) on...
10/17/2023 1:34:57 PM CFTC Resuscitates Version of MLB’s Former 'Neighborhood Play' to Sue Principal of Defunct Crypto-Asset Entity Voyager as a Commodity Pool Operator By Dan Davis Christian Hennion 'The Commodity Futures Trading Commission appears to have revived a version of Major League Baseball’s “neighborhood play,” as evidenced...
10/6/2023 7:08:05 PM SEC’s Request for Interlocutory Appeal of Favorable Rulings for Ripple Labs’ Defendants Rejected Based on Well-Settled Law By Dan Davis Alex Kim On October 3, 2023, a federal court denied the Securities and Exchange Commission’s request to certify for appeal the same court’s...
9/11/2023 12:22:24 PM US Court Holds DeFi Developer Cannot Be Held Liable for 3d Party Bad Actors; A Week Later, CFTC Suggests Contrary View Over One Commissioner’s Dissent By Dan Davis A developer and financial backers of a renowned decentralized finance protocol cannot be held liable to private litigants for the...
8/29/2023 10:16:46 PM SEC Denial of Grayscale Bitcoin Fund Was Arbitrary and Capricious, Rules DC Circuit Court of Appeals By Dan Davis Alex Kim The Securities and Exchange Commission acted arbitrarily and capriciously when it denied Grayscale Investment LLC’s proposed listing of a...
8/29/2023 3:32:20 PM Offering of NFTs Allegedly Promoted as Investments Claimed To Be Unregistered Securities Offering by SEC in Settled Enforcement Action By Dan Davis An offering of non-fungible tokens was deemed an unlawful offering of securities without registration by the Securities and Exchange...
8/18/2023 5:29:50 PM FCA Publishes Expectations on the Travel Rule for UK Cryptoasset Businesses By Neil Robson Christopher Collins Ciara McBrien The Financial Conduct Authority (FCA) has published a statement (Statement) on its expectations for UK cryptoasset businesses (CBs)...
8/3/2023 1:46:52 PM A Disagreement Among Judges in the Same Courthouse Arises in Ruling Denying Motion to Dismiss SEC Enforcement Action Against Terraform Labs By Dan Davis One US federal district court judge affirmatively challenged the analysis of another district court judge sitting in the same courthouse...