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Hogan Lovells | European Union, United Kingdom | 18 May 2020
FIG Bulletin 18 May 2020
On 13 May 2020, the Financial Conduct Authority (FCA) published a statement on how firms Should handle post and paper documents during the COVID-19…
Hogan Lovells | European Union | 15 May 2020
ECB to look at central bank digital currency, but debate remains mainly "analytical"
The European Central Bank (ECB) has announced that it will look at what a retail central bank digital currency (CBDC) could look like in the Eurozone…
SEC Actions | USA | 28 Apr 2020
ICO of DROPs Is A Fraud SEC Alleges
Offering frauds have long been the focus of Commission Enforcement. The cases typically center on raising money through the sale of promissory notes…
Kilpatrick Townsend & Stockton LLP | USA | 25 Mar 2020
Democrats Unveil U.S. Digital Dollar Proposal In COVID-19 Relief Package
On Monday, House Democrats unveiled a host of bills for the COVID-19 stimulus package that includes plans for a United States digital dollar, also…
Hogan Lovells | European Union, United Kingdom | 23 Mar 2020
FIG Bulletin 23 March 2020
The Bank of England (BoE) and Prudential Regulation Authority (PRA) have announced a Number of measures aimed at alleviating operational burdens on…
Slaughter and May | United Kingdom | 17 Mar 2020
The Bank of England is considering Cash 2.0
On 12 March the Bank of England published a discussion paper exploring the possibility of it issuing Central Bank Digital Currency (CBDC) in the…
Piper Alderman | Australia, China, India, etc. | 6 Mar 2020
Blockchain Bites: Supreme Court of India reverse digital currency banking ban, Lloyds launches digital currency insurance, NSW District Court approves digital currencies for security for costs, the Bank of International Settlements releases CBDC reports, Coronavirus stalls release of the digital yuan
The Supreme Court of India has struck down a 2018 circular issued Reserve Bank of India preventing regulated entities from dealing with blockchain…
Hunton Andrews Kurth LLP | USA | 2 Mar 2020
Digital Assets Featured in US Treasury 2020 National Strategy
As we previously reported, the US Treasury Department recently announced its 2020 National Strategy for Combating Terrorist and Other Illicit…
Buckley LLP | USA | 7 Feb 2020
Brainard addresses FedNow and other payment issues
On February 5, Federal Reserve Governor Lael Brainard spoke at the “Symposium on the Future of Payments” to discuss benefits and risks associated…
Cadwalader Wickersham & Taft LLP | USA | 6 Feb 2020
FRB Governor Lael Brainard Highlights Benefits and Risks in the Evolving Digital Payment Market
Federal Reserve Board ("FRB") Governor Lael Brainard highlighted market benefits and risks as technology firms lead the digital transformation of…
