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Risks Associated with Cryptocurrency Activities Continue to be Top-of-Mind for Federal Banking Regulators

For those tracking developments impacting the crypto-asset space, the summer has been far from slow and leisurely. Multiple industry alerts flow daily with news of new legislative proposals, enforcement actions, and other...more

Beyond “Security or Commodity”: Different Types of Digital Assets

In a prior post, we discussed the recent proposed rules from the Securities and Exchange Commission (“SEC”) and Commodity Futures Trading Commission (“CFTC”) regarding certain non-public information reported to the SEC and...more

NYDFS Releases Stablecoin Guidance for NYDFS-regulated Institutions

On June 8, 2022, the New York State Department of Financial Services (“NYDFS”) released industry guidance applicable to U.S. dollar-backed stablecoins issued by NYDFS-regulated entities (the “Guidance”)...more

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