Zachary Rudisill

Akin Gump Strauss Hauer & Feld LLP

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The Responsible Financial Innovation Act – A Bullet Point Summary

Key Points - On June 7, 2022, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) released long-awaited legislation addressing the regulatory and tax treatment of digital assets. Their Responsible Financial...more

6/13/2022 / CFTC , Corporate Counsel , Cryptocurrency , Digital Assets , Income Taxes , IRS , Securities and Exchange Commission (SEC) , Tax Liability , Tax Planning , Virtual Currency

President Biden Signs Executive Order Outlining Federal Government’s Approach to Digital Assets

On March 9, 2022, President Joe Biden signed Executive Order (EO) #14067, Ensuring Responsible Development of Digital Assets, a long-awaited regulatory roadmap for executive branch agencies. In the EO, Biden directs relevant...more

3/16/2022 / Biden Administration , Central Bank Digital Currency (CBDCs) , Cryptocurrency , Digital Assets , Executive Orders , Financial Crimes , Financial Regulatory Reform , Financial Services Industry , Investor Protection

Cryptocurrency Congressional Activity Watch

As the 117th Congress moves into 2022, cryptocurrency and digital assets will continue to be an area of intense focus and discussion for both Democrats and Republicans. Member interest continues to grow in this space, with...more

2/15/2022 / America Competes Act , Blockchain , Cryptocurrency , Digital Currency , Financial Markets , Financial Services Industry , Regulatory Agenda , Regulatory Oversight , Virtual Currency

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