Sep 05, 2024 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...
Aug 15, 2024 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...
Aug 12, 2024 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...
Aug 02, 2024 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...
Jul 09, 2024 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...
Jul 02, 2024 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...
Jan 12, 2024 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...
Oct 17, 2023 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...
Oct 10, 2023 UK Crypto AML Registrations: FCA Feedback on Good and Poor Quality Applications By Neil Robson Christopher Collins Sara Portillo On 6 October 2023, the Financial Conduct Authority (“FCA”) updated its anti-money laundering (“AML”) and counter terrorist financing...
Oct 10, 2023 Join Katten for Securing Success: Decoding SEC and Other Cybersecurity Requirements in an Intensifying Threat Environment on October 26 By Katten Events In today's digital world, public and private companies are facing a growing number of cybersecurity threats while simultaneously...
Oct 06, 2023 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...
Sep 25, 2023 FCA Final Warning for Cryptoasset Firms Publishing Financial Promotions in the UK By Neil Robson Christopher Collins Sara Portillo On 21 September 2023, the Financial Conduct Authority (FCA) published a letter (Letter) setting out a “final warning” to cryptoasset...
Sep 15, 2023 FCA Publishes Letter on Preparations for Cryptoasset Financial Promotion Rules By Neil Robson Christopher Collins Sara Portillo On 7 September 2023, the Financial Conduct Authority (“FCA”) published a letter (“Letter”) setting out its findings from meetings with...
Sep 11, 2023 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...
Aug 29, 2023 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...
Aug 29, 2023 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...