Follow

Blockchain Legal Resource Blog

Articles: 1-10 of 129

New York Attorney General Announces Settlement with Bitfinex

USA - March 1 2021 As we have previously reported, the New York Attorney General has been in protracted litigation to enforce an investigative subpoena under New York’s…

Treasury Secretary Skeptical of Bitcoin

USA - February 24 2021 In some of her first remarks on the subject of digital assets since Senate confirmation, Treasury Secretary Janet Yellen sounded an alarm on Bitcoin…

Two Bitcoin ETFs Approved for Sale in Canada

Canada, USA - February 18 2021 In the past week, Canadian securities regulators approved the offering of the first two Canadian Bitcoin ETFs. By holding Bitcoin, the Canadian funds…

President Biden’s Nominee for SEC Chairman: What Does It Mean for Crypto?

USA - February 11 2021 As has been widely reported, President Biden has nominated Gary Gensler to be the next chairman of the Securities and Exchange Commission. After…

OCC Charters the First National Crypto Bank

USA - January 19 2021 The Office of the Comptroller of the Currency (OCC) issued a conditional approval last week for Anchorage Digital Bank to become the first…

OCC Authorizes Banks to Leverage Cryptocurrency Payment Networks

USA - January 6 2021 The Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1174 on January 4, 2021, clarifying the authority of national banks…

Designing Stablecoins: Federal Regulators Issue Statement Highlighting Key Regulatory and Supervisory Considerations

USA - December 28 2020 The President’s Working Group (PWG), a federal interagency working group of financial regulators established by Executive Order in 1988, has issued a…

New Legislation Proposes to Merge Crypto and Banking

USA - December 8 2020 Newly-proposed federal legislation would require all issuers of stablecoins and certain other digital asset companies to obtain a bank charter as a…

SEC Determines Digital Asset, VCOIN, Not a Security

USA - November 23 2020 On November 19, 2020, IMVU, Inc. (“IMVU”) received no-action relief from the Securities and Exchange Commission (the “SEC”) confirming that the…

Kansas Issues Sales Tax Guidance on Digital Currency

USA - November 20 2020 Only a few states have issued guidance on the sales tax treatment of digital currency transactions. On November 2, 2020, Kansas joined this group…