Dorothy N. Giobbe

Jones Day

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Bank Regulators Issue Joint Statement on Safety and Soundness of Crypto Activities

USA - January 12 2023 Since clarifying the legal permissibility of certain crypto activities in 2020 and early 2021, the Federal banking agencies…

Nathan S. Brownback, Jonathan V. Gould, Abradat Kamalpour, Mark W. Rasmussen, Joshua B. Sterling

Digital Assets Defined: Writing Digital Assets into the Bankruptcy Code

USA - November 14 2022 As discussed in previous installments of this White Paper series, the Lummis-Gillibrand Responsible Financial Innovation Act (the “Bill”) proposes a…

Dan T. Moss, Abradat Kamalpour, Mark W. Rasmussen, Ben Rosenblum, Joshua B. Sterling

Digital Assets Defined: Federal Agencies Weigh Response to President Biden's Executive Order on Digital Assets

USA - October 28 2022 On March 9, 2022, President Biden issued Executive Order 14067 (“EO”), “Ensuring Responsible Development of Digital Assets.” The EO, which we…

Nathan S. Brownback, Jonathan V. Gould, Abradat Kamalpour, Laura S. Pruitt, Jayant W. Tambe

White House Announces Artificial Intelligence Bill of Rights

USA - October 11 2022 The Artificial Intelligence Bill of Rights sets forth voluntary guidelines that companies utilizing or developing technology with artificial…

Alexis S. Gilroy, Carl A. Kukkonen III, Matthew W. Johnson, Jeffrey J. Jones, Heather M. O'Shea

A DAO Is No Defense: CFTC Says Decentralization Does Not Immunize DeFi from Regulation

USA - October 11 2022 Under the existing legal regimes, decentralized autonomous organizations ("DAO" or "DAOs") have been viewed as a way to hedge against regulatory…

David E. Aron, James Burnham, Sarah L. Levine, Brian C. Rabbitt, Mark W. Rasmussen