Securities and Exchange Commission (SEC), Cryptocurrency, Statutory Interpretation

Implications of the SEC’s stance that meme coins are not securities

A&O Shearman on 3/5/2025

On February 27, 2025, the U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a formal Staff Statement on “meme coins.” In this statement, the SEC staff took the position that typical meme...more

Eight Enforcement Trends That Likely Will End Under a Trump SEC

Proskauer Rose LLP on 12/23/2024

The Voting Record and Public Statements of the Commissioners Provide a Roadmap - There has been much speculation on what SEC enforcement will look like under a new administration, especially now that President-elect Donald...more

US Supreme Court Curtails Agency Power: Implications for Fintech and Crypto

Latham & Watkins LLP on 7/15/2024

Recent Supreme Court administrative law rulings change the power dynamic between the executive and the judiciary in critical areas of statutory interpretation, enforcement, and immunity from legal challenge....more

SEC opens comment period on defining “exchange”

Orrick, Herrington & Sutcliffe LLP on 4/24/2023

On April 14, the SEC reopened the comment period on proposed amendments to the statutory definition of “exchange” under Exchange Act rule 3b-16, which now includes systems that facilitate the trading of crypto asset...more

SEC v. Ripple: Approaching Judgment Day

Latham & Watkins LLP on 1/20/2023

While a conclusion to the much-hyped case may be approaching, market participants should be wary of doomsday prognostications. As a new year begins, the digital assets industry is still enduring a deep and widespread crypto...more

Blockchain Week in Review - September 2018 #3

Perkins Coie on 9/28/2018

Hester Peirce Remarks at Cato Institute Conference - Hester Peirce made remarks at the Cato Institute’s Fintech Unbound conference on September 12, 2018. Commissioner Peirce commented that securities regulators are too risk...more