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Results: 1-10 of 129

No Summer Vacation for Distributed Ledger Technology
  • Reed Smith LLP
  • Australia, Canada, USA
  • September 7 2017

As regulators across the globe turn their attention to distributed ledger technology (DLT), developments in this space have been in the


Busy Summer for Distributed Ledger Technology
  • Reed Smith LLP
  • Canada, Singapore, USA
  • September 7 2017

Distributed Ledger Technology (DLT) and cryptocurrency have been a hot topic this summer. DLT has begun its transition from a proof-of-concept phase


SEC Rejects Second Bitcoin ETF Due to Lack of Regulatory Oversight
  • Reed Smith LLP
  • USA
  • March 31 2017

On March 28, 2017, the U.S. Securities Exchange Commission (“SEC”) issued a second denial of a Bitcoin exchange-traded fund (“ETF”), following its


Tennessee Court Awards $1.9 Million in Mapco Express Data Breach Class Action Suit
  • Reed Smith LLP
  • USA
  • February 6 2017

Last month, a Tennessee Federal court ordered Mapco Express, Inc. (“Mapco”) to pay approximately $1.9 million to settle class action claims arising


Illinois Releases Proposed Guidance on Application of State Money Transmission Law to Digital Currency Activities
  • Reed Smith LLP
  • USA
  • December 14 2016

On November 30, 2016, the Illinois Department of Financial and Professional Regulation (IDFPR) issued a proposed “Digital Currency Regulatory


OCC Announces Special Purpose Charters for Fintech Firms
  • Reed Smith LLP
  • USA
  • December 6 2016

On Friday December 2nd, the Officer of the Comptroller of the Currency (OCC) announced that it would consider granting financial technology (fintech


Despite Plaintiffs Satisfying Standing Requirements, Barnes & Noble Closes the Book on Data Breach Class Action
  • Reed Smith LLP
  • USA
  • October 7 2016

In data breach class actions, standing is often the major obstacle, and has taken on renewed focus following the U.S. Supreme Court’s ruling in


New York Department of Financial Services Proposes New Rules on Cybersecurity: The Organizational and Operational Impact
  • Reed Smith LLP
  • USA
  • October 5 2016

The New York Department of Financial Services (DFS) has proposed new rules that would require covered financial institutions to establish and


Pennsylvania Enacts Tax Bill as Part of Budget Package
  • Reed Smith LLP
  • USA
  • July 14 2016

Pennsylvania has enacted tax law changes projected to generate $752M in new revenue. The changes include severe restrictions on the vendor sales tax


PCI Council Reacts Again to Data Security Threats
  • Reed Smith LLP
  • USA
  • May 17 2016

Responding to the increasingly significant threats to customer payment information, the Payment Card Industry Security Standards Council (‘PCI SSC’