News & Analysis as of

State and Local Government Cryptocurrency Consumer Protection Laws

Sheppard Mullin Richter & Hampton LLP

Connecticut Updates Money Transmission Law to Cover Digital Wallets and Virtual Currency

On June 30, 2025, Connecticut Governor Ned Lamont signed Public Act No. 25-66, enacting broad revisions to Connecticut’s money transmission statutes. The new law, effective October 1, 2025, updates definitions, expands...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, March 20, 2025

Cozen O'Connor on

Hundreds of Former Federal Workers Apply for PA State Jobs Pennsylvania has received around 1,100 applications from former federal employees for state jobs following an executive order by Governor Josh Shapiro (D) giving...more

Sheppard Mullin Richter & Hampton LLP

California DFPI Reaches Settlement with Lender Over Crypto-Backed Loans

On December 23, 2024, the California Department of Financial Protection and Innovation (DFPI) announced a consent order with a lender to resolve its investigation into the company’s crypto-backed lending program, which the...more

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