Timothy Spangler
Dechert LLP
Articles
China to Legalize Digital RMB and Prohibit Competitors
China - November 12 2020 The draft Banking Law was included in the legislative plan of the 13th National People’s Standing Committee as well as the 2020 legislative plan, set...
DOJ Cyber-Digital Task Force Issues Report on Cryptocurrency Enforcement Framework
USA - October 28 2020 The Attorney General’s Cyber-Digital Task Force (Task Force) issued a report on October 8, 2020, which outlines the Task Force’s prop...
SEC Staff Issues No-Action Letter Regarding Digital Asset Securities Trading on ATS Platforms
USA - October 22 2020 The Staff of the Securities and Exchange Commission’s Division of Trading and Markets (Staff) issued a no-action letter to the Financial Industry...
OCC and SEC Staff Issue Statements on Stablecoin Reserves
USA - October 13 2020 The Office of the Comptroller of the Currency published an interpretive letter on September 21, 2020 (Letter), confirming that national banks and...
Community Development Financial Institutions - Opportunities for Managers of Loan Funds and Venture Capital Funds
USA - October 8 2020 Community Development Financial Institution (CDFI) certification is awarded to "community-based organizations that seek to expand economic...
