On April 7, 2025, U.S. Deputy Attorney General Todd Blanche issued a memorandum titled “Ending Regulation by Prosecution” (Blanche Memo), outlining a new Department of Justice approach to digital asset enforcement.
Overheard on the Block(chain), published by Greenberg Traurig, LLP, focuses on legal and regulatory developments in the blockchain and cryptocurrency sectors. The blog covers topics such as regulatory frameworks for digital assets, compliance requirements for crypto exchanges and custodians, securities law as it applies to tokenized assets, federal and state legislation impacting cryptocurrencies, and risk management for crypto-asset safekeeping. It also addresses market infrastructure changes, including trading of tokenized securities and crypto exchange-traded products (ETPs), as well as guidance from financial regulators. The blog serves as a resource for understanding evolving legal standards and policy initiatives affecting blockchain technology and digital currencies.
The California Department of Financial Protection and Innovation (DFPI) on April 4, 2025, issued its formal notice of rulemaking for digital financial business regulation, following receipt of two sets of 2024 comments on its draft proposed rules for California’s “Digital…
On Nov. 26, 2024, in what has been deemed a win for open-source technology, the U.S. Court of Appeals for the Fifth Circuit reversed the district court’s ruling in Van Loon v. United States Dep’t of the Treasury, holding that…