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Software Developers Cryptocurrency Digital Assets

Paul Hastings LLP

SEC and CFTC Clarify Spot Crypto Trading Rules While Illinois Enacts New Crypto Laws

Paul Hastings LLP on

Recent policy developments highlight continued momentum in digital asset regulation across federal agencies and state legislatures. The SEC and CFTC jointly issued staff guidance clarifying that current law does not prohibit...more

Latham & Watkins LLP

UK High Court Rules on Liability of Bitcoin Software Developers

Latham & Watkins LLP on

The Court held that software developers do not owe a duty of care to bitcoin owners who lost their private keys. In Tulip Trading Ltd (TTL) v. Bitcoin Association for BSV and others, TTL claimed that personal computers of...more

Freeman Law

New Tax Reporting Requirements for Cryptocurrencies and Other Digital Assets in Senate Infrastructure Bill

Freeman Law on

On August 10, 2021, the U.S. Senate passed a $1 trillion infrastructure bill after months of negotiations. Tucked away within the sweeping legislation are measures that would extend Form 1099-B and cost basis reporting...more

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