Perkins Coie LLP is pleased to bring you this updated Digital Asset SEC Timeline. The Digital Asset SEC Timeline serves as an interactive compilation of select SEC guidance, enforcement actions, and speeches relating to the application of the federal securities laws to digital assets. Beginning with the release of the DAO Investigative Report in July 2017, the Timeline includes relevant information for analyzing the offering, issuance, and trading of certain digital assets in the context…

Weekly Focus Federal Reserve Publishes Observations From “FooWire” Project Federal Reserve Governor Lael Brainard Announces Collaboration With MIT SEC Appoints New Director of Enforcement Companies Accepted to Hawaii Regulatory Sandbox Begin Providing Services Prosecutors Unseal Charges Against Crypto Mining Ponzi Scheme Monetary Authority of Singapore and Industry Groups Roll Out “Code of Practice” for Payment Service Provider Licensing China Expanding its Digital Currency Testing Program…

Weekly Focus California Appellate Court Upholds Coinbase Summary Judgement California Issues Opinion on Crypto Escrow Services under the Money Transmission Act The Federal Reserve Is Testing a Digital Dollar and Distributed Ledgers New York Updates Cryptocurrency Greenlist SEC Charges Issuer with Fraudulent ICO Wealthsimple Receives Approval for Canadian Regulatory Sandbox Russian Monitoring Service Planning to Create Cryptocurrency Tracking System MicroStrategy Adopts Bitcoin as Treasury Reserve Asset Coinbase Announces Crypto-Backed Loans Grayscale Ethereum Trust Files Registration…

In this week’s Fintech Report, we examine the state of California’s opinion on crypto escrow services under the Money Transmission Act (MTA), as well as the Federal Reserve’s development work and experiments with a digital dollar or Central Band Digital Currency (CBDC). To read the full report click here.…

Weekly Focus U.S. Senate Confirms SEC Commissioner Hester Peirce for Second Term U.S. Attorney Files Complaint to Forfeit $6.5M in Cryptocurrency Stolen in Ponzi Scheme Russian Cryptocurrency Law Signed Tel Aviv Stock Exchange Announces Blockchain Securities Platform Swiss Bank to Launch Crypto Services…

Weekly Focus The OCC clarifies that banks can provide crypto custody services. The FDIC seeks comments on developing a certification process for new technologies to be used by banks. The UK looks at restricting crypto promotions. A group of crypto exchanges is working together to comply with FATF travel rule standards.…

Weekly Focus: CFTC and SEC Settle Charges with Abra Louisiana Enacts Virtual Currency Company Law Twitter ‘Hack’ of Prominent Accounts Requests Bitcoin New York Department of Financial Services Superintendent Addresses Initial Feedback on proposed BitLicense Changes New York Man Charged with Wire Fraud Relating to a Cryptocurrency-Related Investment Scheme China to Test Digital Yuan on Food Delivery Platform; Beijing Local Government Releases Blockchain Plan Japan Considering Issuance of a Digital Yen…