On May 22, 2024, with bi-partisan support, the U.S. House of Representatives passed H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (“FIT21”), becoming the first major cryptocurrency legislation to...more
7/12/2024
/ Blockchain ,
Broker-Dealer ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Disclosure Requirements ,
Investment Adviser ,
New Legislation ,
Popular ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC)
On July 22, 2020, the Office of the Comptroller of the Currency (“OCC”) published an Interpretive Letter (the “Letter”) declaring that national banks and federal savings associations (collectively, “national banks”) may...more
7/27/2020
/ Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Financial Services Industry ,
International Banks ,
OCC ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
SEC Halts ICO After Finding that Tokens are Securities -
Remember in July of this year when the Securities and Exchange Commission (SEC) said in its Decentralized Autonomous Organization (DAO) Report that "U.S. federal...more