News & Analysis as of

Cryptoassets Crypto Exchanges Financial Services Industry

Cooley LLP

UK Publishes Guidance on Cryptoasset Sector’s Compliance With Financial Sanctions

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On 21 July 2025, the UK Office of Financial Sanctions Implementation (OFSI) published guidance regarding sanctions compliance in the cryptoasset sector. The publication is an assessment of threats to UK financial sanctions in...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

A&O Shearman

The UK Future Cryptoasset Regulatory Framework

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On 29 April, the UK government published draft legislation which will bring currently unregulated cryptoassets, including stablecoins, within the scope of financial services regulation. This is the first of a number of...more

WilmerHale

SEC's Crypto Task Force Seeks Input on 48 Questions

WilmerHale on

Crypto Currently News Center With the commencement of the Trump 2.0 Administration, the White House, Congress, agencies and certain states have each announced significant developments related to crypto. The WilmerHale...more

Mayer Brown Free Writings + Perspectives

The SEC’s Crypto Task Force: Mapping the Road Ahead

In a statement entitled “The Journey Begins,” on February 4, 2025, US Securities and Exchange Commission (“SEC” or the “Commission”) Commissioner Hester Peirce provided new details regarding her thoughts on the agency’s...more

Walkers

The EU's crypto regulation MiCA is now fully applicable

Walkers on

On 30 December 2024 the Markets in Crypto-Assets Regulation ("MiCA") became applicable to crypto-asset service providers ("CASPs") as well as offerors and persons seeking admission to trading of crypto-assets in the EU....more

K2 Integrity

Fiat Ramps Unlocked: Practical Tips For Banks And Crypto Firms

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Ask any centralized cryptocurrency firm to name one of their biggest priorities or challenges—and then count the number of times they mention bank partnerships. For crypto firms, the loss of, or failure to acquire, a bank...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - December 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Polsinelli

Blockchain+ Bi-Weekly; Highlights of the Last Two Weeks in Web3 Law: December 19, 2024

Polsinelli on

With Bitcoin hitting record highs and breaking a barrier long seen as aspirational, and with a new administration making key appointments, the year is ending with much excitement and momentum for the digital assets industry....more

Allen Matkins

Looking For A Crypto Scam?  You Might Find It Here

Allen Matkins on

The California Department of Financial Protection & Innovation has created an online "Crypto Scam Tracker" that allows the public to  by search company name, scam type, or keywords.  Scams reported on the Tracker are  based...more

Brownstein Hyatt Farber Schreck

Crypto Policy Outlook in the Trump Administration

During the 2024 campaign, President-elect Donald Trump took significant steps to embrace digital assets and the industry that has developed around them, positioning himself as a champion of crypto. In a speech delivered at...more

Bennett Jones LLP

Fintech in Canada Q3 2024

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CSA Extends Deadline to Delist Stablecoins  - The Canadian Securities Administrators (CSA) has once again extended the deadline for registered crypto-trading platforms to address trading in value referenced crypto assets...more

DLA Piper

Blockchain and Digital Assets News and Trends - August 2024

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This monthly bulletin is designed to help companies identify important legal developments governing the use and acceptance of blockchain technology, smart contracts, and digital assets....more

Bennett Jones LLP

Fintech in Canada Q2 2024

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Canada's Consumer-Driven Banking Act (CDBA) has become law. It was enacted on June 20, 2024, when Bill C-69, the Budget Implementation Act, 2024 received royal assent....more

Wiley Rein LLP

A Tale of Two Crypto Cases

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In Episode 2 of the CryptoCounsel, hosts Josh and Frank decode recent litigation with the SEC and two key cases in the Southern District of New York. In the first case, a judge found that Ripple’s cryptocurrency XRP is not a...more

Bennett Jones LLP

Fintech in Canada Q1 2024

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As we highlighted in our last quarterly Fintech update in 2023, a new regulatory framework under the Retail Payments Activities Act (RPAA) will soon affect all retail payment service providers (PSPs) doing business in Canada....more

White & Case LLP

FCA revises stance regarding Exchange Traded Notes for professional investors involving cryptoassets

White & Case LLP on

The Financial Conduct Authority (FCA) confirmed on 11 March 2024 it will not object to requests from Recognised Investment Exchanges (RIEs) to establish UK-listed market segments for cryptoasset-backed exchange-traded notes...more

A&O Shearman

European Securities and Markets Authority Consults on Guidelines on Reverse Solicitation and Cryptoassets as Financial Instruments...

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The European Securities and Markets Authority has published two consultation papers on proposed guidelines under the EU Markets in Crypto Assets Regulation, one on reverse solicitation and the other on the classification of...more

WilmerHale

CFTC Advisory Subcommittee Releases Report on DeFi: Issues, Findings and Recommendations

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On January 8, 2024, the Digital Assets and Blockchain Technology Subcommittee (the Subcommittee) of the Commodity Futures Trading Commission’s (CFTC or the Commission) Technology Advisory Committee (TAC) presented a 79-page...more

Polsinelli

Blockchain+ Bi-Weekly - December 2023

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The Blockchain Bi-Weekly presented by the Polsinelli Blockchain+ team is a rundown of some of the key stories in the Web3, blockchain and crypto ecosystems curated by our attorneys navigating the intersections of code, smart...more

The Volkov Law Group

Lessons Learned from Binance’s Criminal Settlement (III of III)

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Binance’s $4.3 billion fine is one of the largest penalties the DOJ has ever obtained from a corporate defendant.  Furthermore, its founder and CEO Changpeng Zhao (“CZ”) was also personally subject to a fine, amounting to...more

A&O Shearman

Historic Penalties For Cryptocurrency Exchange’s AML-Related Violations

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On November 21, 2023, the Cayman Islands registered cryptocurrency exchange, Binance Holdings Limited (the “Company”), pled guilty to criminal violations related to allegedly failing to register as a money transmitting...more

Stikeman Elliott LLP

OSC Proposes Fee Increase for Restricted Dealers, Including Crypto Asset Trading Platforms

Stikeman Elliott LLP on

The Ontario Securities Commission (“OSC”) recently proposed amendments (the “Proposed Amendments”) to OSC Rule 13-502 Fees and OSC Rule 13-503 (Commodity Futures Act) Fees (together, the “Fee Rules”) that would introduce two...more

The Volkov Law Group

Binance Intentionally Avoided Compliance with U.S. Laws Under CEO Changpeng Zhao (II of III)

The Volkov Law Group on

Binance’s settlement with the DOJ represents one of the largest criminal corporate enforcement actions ever.  A review of the facts reveals that the penalty is likely warranted, as the misconduct was driven from the very...more

The Volkov Law Group

DOJ Reaches Groundbreaking Criminal Settlement with Cryptocurrency Exchange Binance and CEO Changpeng Zhao (Part I of III)

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On November 21, 2023, The U.S. Department of Justice (“DOJ”) announced settlement agreements with Binance Holdings Limited (“Binance”), the world’s largest cryptocurrency exchange, and Changpeng Zhao (affectionally known as...more

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