News & Analysis as of

Cryptoassets

Nutter McClennen & Fish LLP

Nutter Bank Report: July 2025

In the wake of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), the federal banking agencies have issued joint guidance to provide clarity on supervisory expectations for banks that...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - July 31, 2025

The President’s Working Group on Digital Asset Markets, established by Executive Order 14178 under President Donald Trump, has released a comprehensive report outlining a strategy to establish the United States as the global...more

Morrison & Foerster LLP

SEC Staff Offers Guidance on Disclosure Requirements for Crypto Asset Exchange-Traded Products

On July 1, 2025, the Staff of the Division of Corporation Finance (the “Staff”) of the U.S. Securities and Exchange Commission (SEC) released new guidance on disclosure requirements for offerings and registrations of...more

Troutman Pepper Locke

FINRA Continues to Scrutinize Customer Facing Communications on Crypto Offerings

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On July 16, TradeStation Securities, Inc., a member firm of the Financial Industry Regulatory Authority (FINRA), submitted a Letter of Acceptance, Waiver, and Consent (AWC) to FINRA’s Department of Enforcement. This AWC...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Sanctions Update: New Designations, Lowered Oil Cap and Continued Focus on Combatting Circumvention

- What is new: UK Russian sanctions were strengthened with new designations and a reduced oil price cap. The government also published its cryptoassets threat assessment, issued guidance on sanctions for non-UK businesses and...more

Akin Gump Strauss Hauer & Feld LLP

Crypto CLARITY: The Politics, Policy and Implications of Digital Assets Regulatory Framework Legislation in the 119th Congress

The strong vote in the House for the CLARITY Act sends a clear message to the Senate that there is bipartisan momentum and support for digital asset market structure legislation. However, several obstacles remain. Given the...more

Jones Day

Crypto Assets, CASPS, and AML/CFT Compliance: The New European Regulatory Landscape Under MiCA and AMLR

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The rise of crypto assets and decentralized finance has challenged traditional regulatory frameworks, particularly in the area of anti-money laundering and countering the financing of terrorism ("AML/CFT")....more

Mayer Brown

UK Weekly Sanctions Update - Week of July 21, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

A&O Shearman

ESMA peer review report issuing CASP oversight recommendations under MiCAR

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The European Securities and Markets Authority (ESMA) has published a peer review report assessing the authorisation and supervision of a crypto-asset service providers (CASPs) under the Markets in Crypto-Assets Regulation...more

Hogan Lovells

ESMA publishes “Do’s and Don't’s” for CASPs offering unregulated services

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On 11 July 2025, the European Securities and Markets Authority (“ESMA”) published guidance for crypto-asset service providers (“CASPs”) offering both regulated (under the EU's Markets in Crypto-assets Regulation (“MiCA”)) and...more

Bennett Jones LLP

New CSA Amendments Regarding Investments in Crypto Assets Come into Force

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New amendments and changes to National Instrument 81-102 Investment Funds (NI 81-102) and its Companion Policy 81-102CP took effect on July 16, 2025, regulating public investment funds that invest in crypto assets....more

Jones Day

Banking on Crypto: Regulators Clarify Rules for Digital Asset Safekeeping

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Federal banking regulators continue to promote a more "crypto-positive" regulatory environment through recent joint guidance issued to clarify risk management and compliance expectations for banks providing crypto-asset...more

Latham & Watkins LLP

SEC Staff Clarifies Disclosure Expectations for Crypto Asset Exchange-Traded Products

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The Staff highlighted disclosure-related observations and issues identified during reviews of digital asset ETP filings. On July 1, 2025, the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance...more

Vedder Price

Jonathan Gould Confirmed as Comptroller of the Currency

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On Thursday, July 10, 2025, the U.S. Senate confirmed Jonathan Gould to serve as the next Comptroller of the Currency in a 50–45 vote. Gould will succeed Acting Comptroller Rodney Hood, who offered his congratulations and...more

K2 Integrity

[Webinar] Banking Digital Assets – Key AML Compliance Considerations - July 29th, 12:00 pm - 1:00 pm ET

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K2 Integrity’s Justina Rousseau, senior managing director, and Elizabeth Severinovskaya, managing director, will join Arnold & Porter’s Kevin M. Toomey, partner and chair of the Financial Services practice, and Erik Walsh,...more

Eversheds Sutherland (US) LLP

Dual registrant regulatory roundup - July 2025

Welcome to the Regulatory Roundup. Each month, Eversheds Sutherland Investment Services attorneys review significant regulatory developments (including notable rulemakings and guidance from securities regulators) from the...more

Proskauer Rose LLP

Regulation Round Up - June 2025

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Nutter McClennen & Fish LLP

Nutter Securities Enforcement Update: July 1, 2025

The Nutter Securities Enforcement Update is a periodic update of noteworthy recent securities enforcement activity, settlements, decisions, and charges. We provide brief summaries that highlight recent enforcement action...more

Skadden, Arps, Slate, Meagher & Flom LLP

MiCA Update – Six Months in Application

The Markets in Crypto-Assets Regulation (MiCA) has now been in full effect for six months. This landmark piece of legislation, which is designed to create a harmonized regulatory framework for cryptoassets across the EU,...more

Fenwick & West LLP

Securities Law Update - July 2025

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Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains updates and important reminders on...more

Carey Olsen

Introducing CARF - the OECD's Crypto-Asset Reporting Framework

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The recent proliferation of crypto-assets and its uses have transformed the international financial landscape, offering innovative opportunities for payments, investment and Decentralised Finance (DeFi). At the heart of it,...more

Walkers

EU CryptoReg Roundup: June 2025

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Welcome to our EU crypto update - a roundup of key Irish and EU legislative and regulatory developments shaping the crypto-assets sector....more

Skadden, Arps, Slate, Meagher & Flom LLP

The Proliferation of Cryptoasset Treasury Strategies in Public Markets

Companies are increasingly viewing bitcoin and other cryptocurrencies as strategic reserve assets, establishing dedicated corporate entities to hold cryptoassets on their balance sheets and raising capital specifically to...more

Latham & Watkins LLP

Hong Kong’s Stablecoin Regime Comes Into View

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Taking effect in August 2025, the new legislation will bring issuers of fiat-referenced stablecoins into the regulatory perimeter. By Simon Hawkins, Adrian Fong, and Sam Maxson On 21 May 2025, the Legislative Council of Hong...more

DLA Piper

What is an Asset-Reference Token? Lessons from the Ethena Case

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Regulation 1114/2023 (the Markets in Crypto-Assets Regulation, or MiCA) became fully applicable in January 2025. Since then, many businesses have successfully received authorization from national competent authorities to...more

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