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Securities are Securities

On July 9, 2025, Commissioner Hester Peirce, head of the SEC’s Crypto Task Force, in a published statement said, “Tokenized securities are still securities.” And, as such, the federal securities laws apply to transactions...more

GENIUS Move? Senate Passes Bill to Regulate Payment Stablecoins

On June 17, 2025, the Senate voted 68-30 with bi-partisan support to pass the Guiding and Establishing National Innovation for U.S. Stablecoins Act (“GENIUS Act”), which proposes the establishment of a federal framework for...more

Final Tax Rules and Transitional Guidance for Broker Reporting

The Internal Revenue Service (“IRS”) recently finalized Treasury Regulations (the “Final Regulations”) and published two notices and a Revenue Procedure (the “Transitional Guidance”) for broker reporting of certain...more

(Un?)Educated Guesses

The New Year is upon us, which means plenty of news stories looking back at blockchain events in 2023, such as this one (From NFTs to XRP: the biggest crypto stories of 2023 (Axios)), this one (The Year that Cryptocurrency...more

SEC Sues Binance and Coinbase, and Ten States Bring Actions to Enjoin Coinbase From Offering Its Staking Product

On June 5th and 6th, 2023 the SEC filed complaints against Binance and Coinbase, respectively, for acting as an exchange, broker, and a clearing agency without registering accordingly as a result of offering tokens and...more

Fast and Furious: SEC Kracks Down on Kraken, Federal Regulators Choke Crypto, and DFS Wobbles Stablecoin

“There are decades where nothing happens; and there are weeks where decades happen.” Vladimir Ilyich Lenin - Living in the world of crypto is almost always eventful, but some times are more eventful than others....more

Federal Employees That Own Digital Assets Cannot Work on Regulations Affecting Their Digital Assets

The United States Office of Government Ethics (OGE) released an advisory policy on July 5, 2022 stating that any government employee who holds cryptocurrency, stablecoins, or any other digital asset will be ineligible to work...more

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