In a recent client alert, Goodwin partner John Servidio and associate Adam Fovent discuss the International Swaps and Derivatives Association’s (ISDA) Digital Asset Derivatives Definitions. As ISDA CEO Scott O’Malia observed, the Digital Asset Definitions are intended
Latest from Digital Currency + Blockchain Perspectives
Crypto Lawyer Karen Ubell on Crypto Regulation, the SEC, and DAOs (Stronghold SpeakBold Fireside Chat)
What’s the SEC’s reach on emerging blockchain technologies and what does that mean for crypto in the United States? In the newest SpeakBold Fireside Chat, Stronghold’s Sarah Lane sits down with Digital Currency & Blockchain Technology partner Karen
Goodwin Partner Mitzi Chang Featured on Hsu Untied Podcast
Mitzi Chang, a partner and co-chair of the Fintech and Digital Currency & Blockchain Technology practices, was recently featured as a guest on Hsu Untied, a unique podcast with Richard Hsu. Hsu Untied is a 2-time award-winning podcast
‘Our Rules Have To Evolve’: The Crypto Industry Is Trapped In Regulatory Purgatory (Fortune)
Many in the crypto industry have been calling for clear guidance from government regulators, especially as new sectors like DeFi evolve and high-profile companies collapse. Jonathan Shapiro, Complex Litigation & Dispute Resolution partner, said that SEC registration creates new
U.S. Crypto Regulation: Less Conversation, More Action (International Financial Law Review)
The plethora of public statements and draft legislation published over the past few months in the US as part of the effort to define a regulatory framework for digital assets have all but failed to bring market participants the clarity
CFTC Attempts To Extend Liability To DAO Participants
In a first of its kind enforcement action, the Commodity Futures Trading Commission (“CFTC”) is attempting to hold participating members of a decentralized autonomous organization (“DAO”) liable for alleged violations of the Commodity Exchange Act (“CEA”) and CFTC regulations. The
White House Crypto Framework Should Inform SEC Approach (Law360)
The White House recently published a “Framework for Responsible Development of Digital Assets,” following up on President Joe Biden’s executive order on digital assets earlier this year, which set forth six principal policy objectives in furtherance of U.S. initiatives in
Goodwin Expands Private Investment Funds Practice with Regulatory Partner in London
Goodwin recently appointed Andrew Henderson as regulatory partner to its Private Investment Funds’ practice in London. Dr. Henderson has over 20 years’ experience advising financial institutions, including asset and investment managers, as well as family offices and technology providers on
Buying A U.K. Crypto Business: The New Regulatory Hurdles
The advance of the regulation of crypto-assets and crypto-related service providers has been piecemeal in the U.K. The latest round of changes took place in the Money Laundering Regulations 2017 (MLR) on 1 September 2022 with some provisions, including the
Central District of California Authorizes Service of John Doe Summons on Cryptocurrency Dealer
On August 15, 2022, the United States District Court for the Central District of California authorized the IRS to serve a “John Doe” summons on Ox Labs Inc., a cryptocurrency prime dealer doing business as SFOX. The John Doe summons