Asset-backed Tokens

Treasury and IRS Issue New Proposed Regulations on Digital AssetsUK Court Grapples with Cryptocurrency Preservation and Enforcement IssuesMarket Trends 2019/20: Blockchain Security Token Offerings (STOs) - Regulations, Risks, Opportunities, and Potential for Riches

Blockchain

New Italian Rules for Virtual Asset Service ProvidersNew Rules for Crypto-Assets in EuropeGreenberg Traurig Represents Riot in Acquisition of Block Mining

California

California Enacts Digital Assets Licensing LawCalifornia State Assembly Introduces Legislation to Establish Digital Financial Assets LawCalifornia Governor Issues Executive Order Fostering Use and Regulation of Blockchain and Crypto

Cryptocurrency

New Italian Rules for Virtual Asset Service ProvidersSEC Approves Ethereum ETFs For TradingHawaii’s Money Transmitters Modernization Act Will No Longer Apply to Cryptocurrency Activities

DeFi

In Decentralized Finance, DAOs Are People TooSEC’s BlockFi Order Signals Further Scrutiny of DeFiDigital Assets Sector: What to Watch for in 2022

DOAs

Digital Assets Sector: What to Watch for in 2022

Economic sanctions

New Italian Rules for Virtual Asset Service ProvidersCrypto Exchange Bittrex Settles $53 Million in Fines with Treasury Department for Sanctions, Anti-Money-Laundering Violations

European Union

New Italian Rules for Virtual Asset Service ProvidersMICA Regulation: The EU Parliament’s Position on ‘Proof-of-Work’ Mechanism

Event

GT's Blockchain & Digital Assets Group Hosts 'The New Bermuda Triangle: Managing Risks in the Digital Age'

FDIC

Federal Reserve, FDIC, and OCC Issue 2nd Joint Statement Highlighting Liquidity Risks to Banks Engaged in Crypto-Asset-Related ActivitiesFederal Reserve, FDIC, and OCC Issue the First Joint Statement on Crypto-Asset Risks to Banking OrganizationsUS Federal Banking Regulators Release Joint Statement on ‘Crypto-Asset Policy Sprint Initiative’

Featured

New Italian Rules for Virtual Asset Service ProvidersNew Rules for Crypto-Assets in EuropeGreenberg Traurig Represents Riot in Acquisition of Block Mining

Federal Reserve System

Federal Reserve, FDIC, and OCC Issue 2nd Joint Statement Highlighting Liquidity Risks to Banks Engaged in Crypto-Asset-Related ActivitiesFederal Reserve, FDIC, and OCC Issue the First Joint Statement on Crypto-Asset Risks to Banking OrganizationsWill Cryptocurrency Legislation Gain Momentum in September?

Financial Regulatory & Compliance

SEC Approves Ethereum ETFs For TradingHawaii’s Money Transmitters Modernization Act Will No Longer Apply to Cryptocurrency ActivitiesCalifornia Enacts Digital Assets Licensing Law

Firm News

Greenberg Traurig Represents Riot in Acquisition of Block MiningGT's Blockchain & Digital Assets Group Hosts 'The New Bermuda Triangle: Managing Risks in the Digital Age'Greenberg Traurig’s Barbara A. Jones Named Law360 2020 MVP for Fintech

Florida

Florida Gov. Signs Bill that Defines ‘Virtual Currency’ and Eases Licensing Restrictions on Certain Virtual Currency Transactions in the State

GT Alert

New Italian Rules for Virtual Asset Service ProvidersNew Rules for Crypto-Assets in EuropeIn Decentralized Finance, DAOs Are People Too

Hard Fork Transactions

IRS Clarifies Guidance on Hard Fork Transactions, Offers None on Promotional Airdrops

Initial Exchange Offerings

Gibraltar-Based INX Ltd. Launches SEC-Registered Security Token IPOSEC Issues Investor Alert on Initial Exchange Offerings (IEOs)

IRS

Delay on Reporting Digital Asset TransactionsTreasury and IRS Issue New Proposed Regulations on Digital AssetsIRS Clarifies Taxation of Staking Crypto Rewards

New York

NYDFS Updates Guidance on Virtual Coin-Listing/Delisting Frameworks and the GreenlistNew York’s Proposed Moratorium on Cryptocurrency Mining OperationsNYDFS Becomes First US Financial Regulator to Issue Stablecoin Expectations to Virtual Currency Industry

NFT

SEC Charges Media and Entertainment Co. for Unregistered Offering of NFTs8 Influencers Charged in $100 Million Securities Fraud SchemeNFT Endorsed by Celebrities Prompts Class Action

Office of the Comptroller of the Currency

Federal Reserve, FDIC, and OCC Issue 2nd Joint Statement Highlighting Liquidity Risks to Banks Engaged in Crypto-Asset-Related ActivitiesFederal Reserve, FDIC, and OCC Issue the First Joint Statement on Crypto-Asset Risks to Banking OrganizationsUS Federal Banking Regulators Release Joint Statement on ‘Crypto-Asset Policy Sprint Initiative’

PWG

President’s Working Group on Financial Markets Releases Report and Recommendations on Stablecoins

Regulatory & Compliance

New Rules for Crypto-Assets in Europe5 Trends to Watch: 2024 BlockchainFinCEN Proposes Rule to Address Money Laundering and Terrorist Financing Risks Associated with CVC Mixing

SEC Enforcement

Lawmakers Introduce Resolution to Nullify SEC’s Crypto Accounting Bulletin5 Trends to Watch: 2024 BlockchainSEC Denial of Proposed Bitcoin Exchange-Traded Product Arbitrary and Capricious: DC Circuit

Securities Law

SEC Denial of Proposed Bitcoin Exchange-Traded Product Arbitrary and Capricious: DC CircuitSEC Charges Media and Entertainment Co. for Unregistered Offering of NFTsSEC v. Ripple Labs, Inc., et al.: A Turning Point in Cryptocurrency Jurisprudence?

Stablecoin

Will Cryptocurrency Legislation Gain Momentum in September?Greenberg Traurig contributes UK chapter to Chambers’ Blockchain Guide 2022NYDFS Becomes First US Financial Regulator to Issue Stablecoin Expectations to Virtual Currency Industry

State and Local

Hawaii’s Money Transmitters Modernization Act Will No Longer Apply to Cryptocurrency ActivitiesNYDFS Becomes First US Financial Regulator to Issue Stablecoin Expectations to Virtual Currency IndustryCalifornia State Assembly Introduces Legislation to Establish Digital Financial Assets Law

Tax

Delay on Reporting Digital Asset TransactionsTreasury and IRS Issue New Proposed Regulations on Digital AssetsIRS Clarifies Taxation of Staking Crypto Rewards