The Office of Foreign Assets Control (OFAC) recently made the unprecedented move of sanctioning a smart contract — a decentralized digital currency mixer called “Tornado Cash” — along with certain cryptocurrency addresses...more
Legal and business professionals in the cryptocurrency industry have long asked when the Securities and Exchange Commission would provide guidance on the interest-bearing crypto accounts offered by BlockFi, Gemini, Celsius,...more
On May 26, 2021, Nebraska became the second state to pass a bill authorizing digital asset (commonly known as cryptocurrency) depository entities. LB649, also known as the Nebraska Financial Innovation Act, provides...more