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Cryptoassets Financial Markets Financial Institutions

Katten Muchin Rosenman LLP

SEC’s Division of Trading and Markets Issues New FAQ Guidance on Broker-Dealer Custody and Net Capital Treatment of Cryptoassets

The Securities and Exchange Commission (SEC) has taken a significant step toward permitting broker-dealers to custody digital assets and toward accounting for such proprietary digital assets in a broker-dealer’s net capital...more

Wilson Sonsini Goodrich & Rosati

Two New Rulings from the SDNY with Mixed Messages for Crypto: Potential Implications for Regulation of the Crypto Industry

A pair of recent rulings from the Southern District of New York (SDNY) have potentially increased confusion around the regulatory status of crypto asset regulation—but may also provide some interesting signs of what’s to...more

A&O Shearman

FSOC Report on Digital Assets: Mitigate Crypto Risks through Regulatory Oversight

A&O Shearman on

On October 3, 2022, as lawmakers in the United States continue to debate which agencies should regulate crypto-based activities, the Financial Stability Oversight Council (FSOC) released its Report on Digital Asset Financial...more

A&O Shearman

Treasury Committee Inquiry: The Crypto-Asset Industry Report

A&O Shearman on

Innovate Finance and Shearman & Sterling has submitted a comprehensive evidence paper to the House of Commons Treasury Committee inquiry into crypto-assets. Analysis produced by Innovate Finance specially for the...more

Estlund Law, P.A.

INTERPOL Red Notices and cryptocurrency related charges: why are these cases emerging in South Korea, China, the United States,...

Estlund Law, P.A. on

Again this week, there is news that a cryptocurrency entreprenuer is wanted to face criminal charges. In the case of Do Kwon, the co-creator of failed cryptocurrency TerraUSD, South Korean authorities alleged that 280,000...more

Amundsen Davis LLC

What the SEC’s New Strategic Plan Means for the Financial Industry and Investors

Amundsen Davis LLC on

On August 24, the Securities and Exchange Commission (SEC) released a draft of its strategic plan for 2022 – 2026, outlining its key initiatives for the next four years. The SEC’s mission is to protect investors, maintain...more

A&O Shearman

HM Treasury Confirms Tightening of Rules for Crypto-Asset Financial Promotions

A&O Shearman on

Following its July 2020 consultation, HM Treasury has published a consultation response on its proposals to amend the U.K.'s financial promotion rules. These include changes to subject unregulated crypto-assets to the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Kalifa Review: A Road Map for the Future of UK Fintech?

The highly anticipated Kalifa Review of UK Fintech (the Review), led by former Worldpay CEO Ron Kalifa, was published on 26 February 2021. Its 106 pages — made up of a five-point plan of key recommendations and 15...more

A&O Shearman

UK Financial Policy Committee Issues Summary of UK Financial System

A&O Shearman on

The U.K. Financial Policy Committee has issued a summary of the resilience of the U.K. financial system to potential economic shocks and the vulnerabilities it faces. The summary follows the FPC’s meeting on October 2, 2019,...more

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