News & Analysis as of

State Attorneys General Decentralized Finance (DeFi)

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – June 2025 # 3

Troutman Pepper Locke on

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Cozen O'Connor

The State AG Report – 10.24.2024

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Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •AG Task Force Issues Warning over Illegal Robocalls - ...more

Cozen O'Connor

CFPB Finalizes Personal Financial Data Rights Rule

Cozen O'Connor on

The CFPB has finalized a rule promoting a shift toward open and decentralized banking by requiring depository and nondepository entities to make certain data relating to consumers’ transactions and accounts available to...more

BakerHostetler

Weekly Blockchain Blog - September 2024

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Crypto Payments Firms Announce New Integrations and Initiatives - According to reports, fintech bank Revolut recently announced a partnership with Ledger, a major crypto hardware wallet provider, to make it easier for...more

Cozen O'Connor

The State AG Report – 10.26.2023

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Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: • Bipartisan AGs Step Up to the Plate to Challenge Baseball...more

Cozen O'Connor

CFPB Proposes Financial Data Rights Rule to Promote Open Banking

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The CFPB proposed a new rule to encourage a shift towards open and decentralized banking by requiring depository and nondepository entities to make available to consumers and authorized third parties certain data relating to...more

Skadden, Arps, Slate, Meagher & Flom LLP

NYAG Files Action Against Crypto Trading Platform, Takes Position That ETH Is a Security

On March 9, 2023, the New York State Attorney General’s Office (NYAG) filed a lawsuit charging crypto trading platform KuCoin for “failing to register as a securities and commodities broker-dealer and falsely representing...more

Cozen O'Connor

Former CEO of Crypto Platform Celsius Sued by AG James for Allegedly Defrauding Investors

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New York AG Letitia James filed a lawsuit against Alex Mashinsky, a co-founder and former CEO of Celsius Network LLC, for violating the Martin Act and New York’s Executive and General Business Laws by allegedly defrauding...more

Jones Day

New York Joins Other States in Enforcement Actions Against Unregistered Virtual Currency Lending Platforms

Jones Day on

On October 18, 2021, New York Attorney General Letitia James directed two virtual currency lending platforms to immediately cease their unregistered and allegedly unlawful activities in New York and sent letters to three...more

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