Blockchain and Digital Assets News and Trends – July 2025

This periodic bulletin is designed to help companies identify important legal developments governing the use and acceptance of blockchain technology, smart contracts, and digital assets.

While the use cases for blockchain technology are vast, this bulletin focuses on uses of blockchain and smart contracts in the financial services sector. With respect to digital assets, we have organized our approach to this topic by discussing them in terms of traditional asset type or function (although the types and functions may overlap) – that is, digital assets as:

• Securities
• Virtual currencies
• Commodities
• Deposits, accounts, intangibles
• Negotiable instruments
• Electronic chattel paper
• Digitized assets

In addition to reporting on the law and regulation governing blockchain, smart contracts, and digital assets, this bulletin will discuss the legal developments supporting the infrastructure and ecosystems that enable the use and acceptance of these new technologies.

INSIGHT

Stablecoins and the Genius Act: What you need to know

By: Kristin Boggiano, Margo Tank, David Stier, Era Anagnosti, Michael Fluhr, Brian Wilmot, Alan Bickerstaff, Edmund Mokhtarian, Emily Honsa Hicks, Rachel Ehrlich Albanese, and Dennis O’Donnell

On July 17, 2025, the US Congress passed the Guiding and Establishing National Innovation for US Stablecoins Act (Genius Act or Act) by 308–122 vote, a landmark piece of legislation establishing the first federal regulatory framework for “payment stablecoins.” The Genius Act was signed into law by President Donald Trump on July 18, 2025.

With the Genius Act now law, Congress’ focus will be on passing the Digital Asset Market Clarity Act (the Clarity Act) which will create a more fulsome crypto framework (and interestingly is likely to also include amendments to the Genius Act). The Clarity Act passed the House on the same day as the Genius Act and is now being considered by the Senate Banking and Agriculture Committees. The White House and GOP leadership are aiming to wrap up the second key crypto bill by October.

This client alert is the first of a series of DLA Piper alerts which will address the different aspects and implications of the Genius Act. Read more.

STATUTORY AND AGENCY DEVELOPMENTS

FEDERAL DEVELOPMENTS

Banking regulators

• Federal banking agencies issue guidance on crypto asset safekeeping risk management. On July 14, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) published a joint guidance statement directed to US banking organizations considering or providing safekeeping services for crypto assets. The document defines safekeeping as holding assets on a customer’s behalf and addresses the unique risks associated with crypto assets, such as cryptographic key management, legal and compliance obligations, third-party risk, and audit requirements. The agencies instruct banking organizations to implement robust risk management frameworks, ensure staff possess adequate technical expertise, and maintain strong control environments to manage the complexities of digital assets. The guidance also covers the need for compliance with Bank Secrecy Act and anti-money laundering (AML), countering the financing of terrorism (CFT), and Office of Foreign Assets Control (OFAC) requirements, as well as the importance of clear customer agreements and effective oversight of sub-custodians and third-party technology providers.

SEC

• SEC issues guidance on disclosure requirements for crypto asset exchange-traded products. On July 1, the Division of Corporation Finance of the US Securities and Exchange Commission (SEC) published a statement clarifying disclosure requirements for issuers of crypto asset exchange-traded products (ETPs), investment vehicles listed and traded on national securities exchanges and typically structured as trusts holding spot crypto assets or derivatives referencing such assets. The statement details the necessary disclosures under the Securities Act and Exchange Act, including information for cover pages, prospectus summaries, risk factors, business descriptions, service provider arrangements, custody of digital assets, fee structures, and conflicts of interest. It addresses specific risks associated with crypto assets, such as price volatility, cybersecurity threats, regulatory uncertainties, and operational risks on trading platforms. The statement also instructs issuers to provide clear, comprehensive information about the underlying digital assets, their networks, supply mechanisms, and valuation methodologies, as well as the roles and agreements of service providers like custodians and authorized participants. The statement emphasizes that these ETPs are not registered under the Investment Company Act of 1940 and that issuers must tailor disclosures to their specific circumstances while complying with anti-fraud provisions and ongoing reporting obligations.
• SEC statement affirms tokenized securities remain subject to existing laws. On July 9, SEC Commissioner Hester M. Peirce, Chair of the SEC’s Crypto Task Force, published a statement addressing the tokenization of securities using blockchain technology. The statement warns that while tokenization can offer benefits such as improved capital formation and enhanced collateral use, tokenized securities remain securities under US law and must comply with all applicable federal securities regulations. Commissioner Peirce notes that such arrangements may introduce unique risks, including counterparty risk, and may result in tokens that function as “receipts for a security” or as security-based swaps, each with distinct regulatory implications. The statement encourages market participants to engage with the SEC to ensure compliance and to discuss potential modernization of rules when technological developments warrant regulatory updates.
• Chair Atkins comments on passage of GENIUS Act. On July 18, SEC Chair Paul S. Atkins issued a statement regarding President Donald Trump’s signing of the GENIUS Act, describing it as a major advancement for crypto assets, financial markets, and the country’s leadership in crypto innovation. The statement asserts that blockchain and crypto asset technologies can transform the US financial infrastructure by increasing efficiency, reducing costs, improving transparency, and mitigating risk. The GENIUS Act establishes clear regulatory guidance for payment stablecoins, enabling companies and individuals to transact more efficiently and at lower costs. Chair Atkins directs SEC staff to consider guidance, rulemaking, or other measures to support SEC registrants using payment stablecoins, especially for settlement and margining, and encourages market participants to engage with the SEC to fully realize the act’s benefits. The statement concludes that these developments mark significant progress toward making the US the global center for crypto asset innovation.

CFTC

• Acting Chair Pham applauds congressional progress on digital asset legislation. On July 18, the Commodity Futures Trading Commission (CFTC) released a statement from Acting Chair Caroline D. Pham commending the US House of Representatives for passing significant digital asset legislation. The statement describes the GENIUS Act as a pivotal development for financial services and digital asset innovation in the US. It also notes the House’s advancement of the CLARITY Act, which establishes a long-anticipated regulatory framework for digital asset markets. Acting Chair Pham concludes by affirming the CFTC’s readiness to oversee markets that support economic growth and competitiveness.

IRS

• IRS extends transitional relief with respect to digital asset backup withholding requirements. On June 12, the Internal Revenue Service (IRS) announced the release of Notice 2025-33, which extends for an additional year and modifies the transition relief provided in Notice 2024-56 for brokers who are required to report digital asset sale and exchange transactions under the Internal Revenue Code. In response to public comments indicating that brokers need additional time for compliance, Notice 2025-33, among other things:
• Extends the transition relief from backup withholding tax liability and associated penalties for any broker that fails to withhold and pay the backup withholding tax for any digital asset sale or exchange transaction effected during calendar year 2026
• Extends the limited transition relief from backup withholding tax liability for an additional year – allowing brokers to not backup withhold for any digital asset sale or exchange transactions effected in 2027

Brokers remain obligated to file information returns on IRS Form 1099-DA and furnish payee statements reporting gross proceeds for sales of digital assets effected on or after January 1, 2025.

STATE DEVELOPMENTS

UCC

• Additional states enact UCC Article 12 on controllable electronic records. The following states join 29 other states and the District of Columbia in adopting the 2022 Amendments to the Uniform Commercial Code (UCC), including Article 12 governing property rights of intangible digital assets as Controllable Electronic Records (CERs):
• North Carolina adopted H40 on June 26
• Connecticut enacted HB6970 on July 8
• New York’s legislature passed A3307A on June 11 which will be delivered to Governor Kathy Hochul for signature

For more information on CERs under UCC Article 12, see our prior issues from May 2023, July 2023, January 2025, May 2025, and June 2025.

Money transmission

• Connecticut modifies money transmission law to address virtual currency. Connecticut lawmakers unanimously passed House Bill 7082, titled “An Act Concerning Various Revisions to the Money Transmission Statutes, State Payments and Investments in Virtual Currency […],” in an effort to modernize Connecticut’s money transmitter law and address issues relating to cryptocurrencies. The bill, which was signed into law on June 10th, outlines the responsibilities of money transmitter licensees engaged in virtual currency transactions, mandating clear disclosures about transaction risks and requiring customer acknowledgment of these disclosures. The bill also prohibits licensees from using customer-held virtual currency without direction and establishes maximum transaction limits while emphasizing customer identification and support. The bill includes provisions for virtual currency kiosks, requiring compliance measures and the designation of a chief compliance officer. Notably, the bill, which becomes effective October 1, 2025, prohibits state and local government divisions from accepting or requiring payment in the form of cryptocurrency and from purchasing, holding, or establishing a cryptocurrency reserve. This is in contrast to, for example, Texas, which saw Governor Greg Abbot sign Senate Bill 21 – which established the Texas Strategic Bitcoin Reserve, a fund managed by state government, which will be used to store Bitcoin as a long-term element in the state’s finances – into law on June 21st. Texas became the third state, after Arizona and New Hampshire, to declare a state Bitcoin reserve.
• New York DFS issues guidance on cybersecurity and sanctions compliance for financial entities amid global conflicts. On June 23, the New York State Department of Financial Services (DFS) published an industry letter setting forth guidance to regulated entities and individuals that highlights steps such regulated persons should take to prepare for an increased threat of cybersecurity attacks, in light of ongoing global conflicts. In addition to identifying cybersecurity measures, the guidance features actions regulated persons should take to maintain compliance with US sanctions laws, including actions to adopt and implement control measures to protect against use of virtual currency transfers by customers of the regulated persons to evade sanctions. These controls must include geolocation tools and IP address identification and blocking, as well as transaction monitoring using blockchain analytics tools to identify activity by sanctioned individuals and entities.

Digital assets

• Texas establishes state-managed Bitcoin reserve. On June 22, Governor Abbott signed Senate Bill 21, which creates the Texas Strategic Bitcoin Reserve, a state-managed fund dedicated to holding Bitcoin as a long-term financial asset. The reserve will operate independently from the state’s general treasury and aims to serve as a hedge against inflation, with the Texas Comptroller of Public Accounts overseeing its management and an advisory committee of crypto investment professionals providing guidance. The legislation restricts eligible assets to those with a market capitalization exceeding $500 billion, a benchmark currently only met by Bitcoin, and allows the reserve to grow through direct purchases, forks, airdrops, investment gains, and public donations. The legislation makes Texas the first US state to commit public funds to a standalone Bitcoin reserve.
• Arizona Governor vetoes state Bitcoin reserve. Arizona Governor Katie Hobbs vetoed House Bill 2324 on July 1, 2025, which would have established a state-managed reserve fund for Bitcoin and other digital assets using proceeds from seized cryptocurrency. The bill, which narrowly passed the state legislature, aimed to allocate the first $300,000 in seized digital assets to the attorney general’s office, with additional funds distributed among the AG’s office, the state general fund, and the new reserve fund. In her veto letter, Governor Hobbs cited concerns that the measure disincentives local law enforcement from working with the state on digital asset forfeiture by removing seized assets from local jurisdictions.
• Wyoming updates launch of stable token. The Wyoming Stable Token Commission (WSTC) released an update and timeline memorandum on June 19 regarding the launch of the Wyoming Stable Token (WYST), a state-issued stablecoin authorized by the Wyoming Stable Token Act of 2023. WYST is expected to be the first state-issued stablecoin backed by US Treasury securities, with a portion of the generated income supporting Wyoming public schools. According to the WSTC, the anticipated launch date for WYST is August 20.

INDUSTRY DEVELOPMENTS

• Stablecoin currency technology companies apply for national trust bank charters. Circle Internet Group Inc., on June 30, announced its submission of an application to the OCC for a national trust bank charter. The proposed institution, First National Digital Currency Bank NA, would operate under federal oversight, enabling Circle to directly manage USDC reserves and provide digital asset custody services to institutional clients. The bank would not be permitted to accept cash deposits or engage in lending activities. If approved, Circle would become one of the few crypto-native firms, alongside Anchorage Digital Bank NA, to hold a national trust charter.

  Following Circle’s announcement, Ripple Labs, Inc. announced, on July 2, that it is also applying for a national bank charter from the OCC. Ripple further announced it applied for a Federal Reserve Master account to allow Ripple to hold RLUSD reserves directly with the Federal Reserve.

ENFORCEMENT ACTIONS AND LITIGATION

FEDERAL

Sanctions

• OFAC sanctions Russian bulletproof hosting service Aeza Group. On July 1, the US Department of the Treasury’s OFAC announced sanctions against Aeza Group, a St. Petersburg-based bulletproof hosting (BPH) service provider, along with its affiliated companies and key personnel. BPH service providers sell access to specialized servers and other computer infrastructure that help cybercriminals evade detection and resist law enforcement disruptions. The sanctions block all property and interests in property of the designated entities and individuals within US jurisdiction and prohibit US persons from engaging in transactions with them.
• OFAC sanctions target DPRK IT worker schemes trafficking in digital assets. On July 8, OFAC announced sanctions against North Korean (DPRK) cyber actors and IT workers, including Song Kum Hyok and several entities, for their roles in schemes to generate revenue for the DPRK. According to the press release, DPRK IT workers, often operating from China and Russia, use falsified documentation and stolen identities to secure employment with companies worldwide, particularly in the technology and virtual currency sectors. These workers develop software and applications across various industries and frequently target projects involving virtual currency, funneling their earnings through exchanges and trading platforms to manage, launder, and remit funds back to North Korea. The sanctions block all property and interests in property of the designated individuals and entities within US jurisdiction and prohibit US persons from engaging in transactions with them.
• Four North Korean nationals charged in nearly $1 million cryptocurrency theft scheme. On June 30, the US Attorney’s Office for the Northern District of Georgia announced the indictment of four North Korean nationals, Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il. The defendants are charged with wire fraud and money laundering in connection with the theft of over $900,000 in virtual currency. The indictment alleges that the defendants used fake and stolen identities to pose as remote IT workers, infiltrating companies in the blockchain and virtual token sectors to gain access to digital assets. After securing employment under false pretenses, they stole significant amounts of virtual currency by exploiting their access to company systems, including modifying smart contract source code. The stolen funds were laundered through a virtual currency mixer and transferred to exchange accounts opened with fraudulent identification documents. The case is part of a broader US Department of Justice (DOJ) initiative targeting North Korean cyber-enabled revenue generation efforts, particularly those designed to evade sanctions and fund illicit programs.

DOJ

• OmegaPro executives charged in $650 million global crypto and Forex fraud scheme. On July 8, the DOJ announced the unsealing of an indictment against Michael Shannon Sims and Juan Carlos Reynoso for their roles in operating and promoting OmegaPro, an international virtual currency investment scheme that allegedly defrauded investors of over $650 million. The defendants allegedly marketed OmegaPro, through social media and lavish events, as a multi-level marketing (MLM) platform offering “investment packages” that promised 300-percent returns over 16 months. The defendants allegedly claimed elite foreign exchange traders would generate these profits. Investors were instructed to purchase these packages using virtual currency, which OmegaPro executives and high-ranking promoters allegedly misappropriated for their own use. According to the indictment, the scheme ended when defendants assured investors their investments were secure after a purported network hack, and being transferred to another platform, but investors ultimately found they were unable to withdraw their funds. Both Sims and Reynoso are charged with conspiracy to commit wire fraud and money laundering. The investigation involved multiple US and international law enforcement agencies.
• Co-owner of virtual currency companies sentenced for operating crypto Ponzi schemes. On June 27, the US Attorney’s Office for the Eastern District of New York announced that Dwayne Golden had been sentenced to a 97-month prison sentence for conspiracy to commit wire fraud and money laundering in connection with fraudulent digital asset companies. Golden and his co-conspirators operated EmpowerCoin, ECoinPlus, and Jet-Coin, raising over $40 million from investors by falsely promising guaranteed returns from digital asset trading, when in reality, they ran Ponzi schemes and did not engage in any legitimate cryptocurrency trading. The defendants used investor funds to repay earlier investors or for personal gain, and after the schemes collapsed, they attempted to obstruct federal investigations by destroying evidence and providing false information. The court ordered Golden to forfeit approximately $2.46 million, with restitution to be determined later, and several co-defendants also received or await prison sentences for their roles in the scheme.
• US authorities seize record $225 million in cryptocurrency linked to investment fraud schemes. On June 18, the US Attorney’s Office for the District of Columbia announced the seizure of over $225.3 million in cryptocurrency connected to widespread cryptocurrency investment fraud, marking the largest such seizure in US Secret Service history. The US Secret Service and FBI used blockchain analysis and other investigative techniques to trace the funds, which scammers had dispersed across numerous cryptocurrency addresses to conceal their origins. The civil forfeiture complaint alleges that a sophisticated money laundering network executed hundreds of thousands of transactions to hide the proceeds from victims, who believed they were making legitimate cryptocurrency investments. The investigation confirmed dozens of victims in the US and more than 400 suspected victims worldwide, with losses totaling millions of dollars. The DOJ, in partnership with private sector entities such as Tether, continues to pursue the recovery of stolen digital assets and urges victims of cryptocurrency investment fraud to report their cases to the FBI Internet Crime Complaint Center.
• Former rugby player sentenced for cryptocurrency mining Ponzi scheme. On July 17, the US Attorney’s Office for the Western District of Washington announced that Shane Donovan Moore, a former semi-professional rugby player, had received a 30-month prison sentence for operating a fraudulent cryptocurrency mining investment scheme through his company, Quantum Donovan LLC. Moore solicited over $900,000 from approximately 40 investors between January 2021 and October 2022, falsely claiming he would use their funds to purchase and operate cryptocurrency mining equipment. Instead, Moore never acquired any mining machines, comingled investor funds with his personal accounts, and used the money to finance a lavish lifestyle and pay off earlier investors The scheme caused more than $387,000 in losses to victim-investors, many of whom Moore knew through rugby.

STATES

• Law enforcement shuts down cryptocurrency scam targeting Russian-speaking community. On June 18, Brooklyn District Attorney Eric Gonzalez, in collaboration with the New York State Attorney General and the New York State DFS, announced the disruption of a cryptocurrency investment scam that targeted Russian-speaking residents in Brooklyn and across the US. The investigation uncovered that scammers used deceptive Facebook ads and fake investment websites to lure victims, then laundered stolen cryptocurrency through “Black Hat” promoters in Vietnam. Authorities seized over $140,000 in stolen cryptocurrency, froze approximately $300,000, and dismantled more than 100 fraudulent domains and 17 registrar accounts. The scam, which caused over $1 million in losses in Brooklyn alone, involved scammers showing victims fake investment gains and demanding additional payments for withdrawals, ultimately cutting off contact and keeping the funds. Law enforcement warned victims, recovered funds, and took steps to prevent further fraud, while urging the public to verify the legitimacy of cryptocurrency platforms and report suspicious activity.

SPOTLIGHT ON INTERNATIONAL DEVELOPMENTS

• FATF 2025 report indicates progress despite ongoing challenges in regulating virtual assets and service providers. In June 2025, the Financial Action Task Force (FATF) published a report titled Targeted Update on Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers. The report reviews global implementation of its AML and CFT standards as they apply to virtual assets (VAs) and virtual asset service providers (VASPs). The report finds that while more jurisdictions have developed or implemented regulatory frameworks for VAs and VASPs since 2024, including increased licensing, registration, and enforcement actions, significant gaps remain, particularly in risk assessment, supervision, and the identification of entities conducting VASP activities. The FATF notes a rise in the illicit use of stablecoins, decentralized finance (DeFi), and large-scale thefts, with most on-chain illicit activity now involving stablecoins. The report also highlights challenges in enforcing the Travel Rule, which requires VASPs to share originator and beneficiary information for virtual asset transfers, and points to the need for further international cooperation and public-private sector collaboration to address emerging risks such as scams, fraud, and the use of unhosted wallets. The report concludes with recommendations for both public and private sectors to strengthen AML and CFT measures and announces plans for further targeted reports on stablecoins, offshore VASPs, and DeFi.
• Spanish authorities dismantle major cryptocurrency fraud network. On June 30, the Spanish Guardia Civil, in collaboration with Europol and law enforcement agencies from Estonia, France, and the United States, announced the arrest of five members of a criminal organization responsible for a large-scale cryptocurrency investment fraud scheme. The network defrauded over 5,000 victims worldwide and laundered EUR460 million in illicit proceeds using a sophisticated system involving global associates, cash withdrawals, bank transfers, and crypto transfers. The perpetrators are alleged to have established a complex corporate and banking structure in Hong Kong, utilizing payment gateways and user accounts across various exchanges to receive, store, and transfer criminal funds. Europol provided operational support and deployed a crypto specialist to assist with the investigation, which remains ongoing.
• BIS annual economic report for 2025 outlines the future of money and digital assets. On June 23, the Bank for International Settlements (BIS) published its Annual Economic Report, discussing the evolution of the monetary and financial systems toward a next-generation framework centered on tokenization, unified ledgers, and digital assets. The report highlights how tokenized central bank reserves, commercial bank money, and government bonds could enhance efficiency, security, and accessibility in financial markets. Despite an overall optimistic tone, the report critically examines the roles of stablecoins and crypto assets, noting that while stablecoins offer some promise for programmability and cross-border payments, they fall short as a mainstay of the monetary system due to failures in singleness, elasticity, and integrity – especially regarding financial crime risks and lack of settlement at par. The report argues that crypto assets, including unbacked cryptocurrencies, function more as speculative assets than as stable means of payment, and their decentralized architectures face scalability and security trade-offs. BIS advocates for central bank-led innovation, robust regulation, and public-private partnerships to ensure that digital assets and tokenized finance develop within a trustworthy, resilient, and inclusive monetary system, rather than relying on private digital currencies that could undermine financial stability and trust.

DLA PIPER NEWS

• The Financial Times recognizes DLA Piper as one of the Most Innovative Law Firms in North America.
• The Legal 500 ranks DLA Piper Tier 1 in FinTech: Crypto. DLA Piper was also ranked in Tier 2 for FinTech, and Margo Tank was ranked as a “Leading Individual.”
• Chambers FinTech Legal ranks DLA Piper in four categories including Band 2 for Blockchain and Digital Assets, and Band 3 for Payments and Lending, with Margo Tank individually recognized in Blockchain and Digital Assets and Payments and Lending.
• DLA Piper’s Commodities, Digital Assets, and Carbon Compliance and Enforcement team draws on decades of collective experience in the commodities and securities industry to help companies navigate new and complex commodities enforcement matters, including those related to agriculture, metals, energy, digital assets, and carbon/sustainable commodities, among others.

RECENT AND UPCOMING EVENTS

• Margo Tank presented as part of a panel on Crypto in Real Estate at the Washington, DC Convention Center on June 2, as part of the National Association of Realtors® Legislative Meetings 2025.
• Michael Fluhr presented as part of a panel on developments in crypto litigation at Crypto Law 2025: Evolving Best Practices for an Industry in Transition, on May 7 at the Practicing Law Institute (PLI)’s California Center in San Francisco and virtually. The panel covered recent developments with respect to securities class actions, non-fungible token (NFT)-related litigation, and decentralized autonomous organization (DAO)-related litigation.
• David Stier spoke alongside other industry professionals on the digital assets panel on April 25 at US-India Strategic Partnership Forum’s inaugural US-India Economic Forum, themed “Future Forward: Navigating Finance, Innovation, and Economic Growth in 2025.”
• DLA Piper presented the 2nd Annual Global Digital Forum – Financial Services Evolution or Revolution? on February 25 at DLA Piper’s London office and virtually. The forum was co-organized with Global Digital Finance and covered the opportunities that digital finance brings, spanning key jurisdictions and a range of topics including digital bonds, real-world asset tokenization, stablecoins, DeFi, artificial intelligence (AI), and digital asset litigation, as well as the policy landscape in agenda-setting regions such as the UK, US, EU, and Middle East. Baroness Kay Swinburne presented the keynote address. Prior to her current legislative, advisory, and financial services consulting roles, Baroness Swinburne worked in financial services both before and after being elected to the European Parliament (2009–2019). She also served as a leading EU legislator and Vice Chair of the Economics and Monetary Affairs Committee, helping shape EU and global financial services legislation.
• David Stier spoke alongside other industry professionals at the 21st Puerto Rican Symposium of Anti-Money Laundering in San Juan, Puerto Rico, on February 21 on a panel titled, “Anti-Money Laundering Under a New US Administration: Policy Shifts and Market Impact.”

PUBLICATIONS

• DLA Piper published its global financial services report, Financial Futures: Disruption in US and Global Financial Services, after asking nearly 800 financial services decision-makers around the world about key disruptors impacting senior leaders in financial institutions and fintechs. Access our report and read about the challenges and opportunities that AI; digitization; and environmental, social and governance (ESG) pose for the financial services industry.
• In the book, Banking [on] Blockchain: A Legal and Regulatory Primer, published by the American Bar Association, David Stier, Emily Honsa Hicks, and Eric Hall co-authored a chapter on anti-money laundering (AML)/know your customer (KYC) requirements and the Bank Secrecy Act (BSA), as well as provided general editorial assistance on other chapters. The book is a comprehensive guide to the legal and regulatory landscape surrounding the use of blockchain technology, decentralization, and digital assets within the financial services, and offers guidance on how financial institutions may navigate the complex regulatory environment.
• Cryptocurrency and Digital Asset Regulation, published by the American Bar Association and co-edited by Deborah Meshulam and Michael Fluhr, includes chapters by Meshulam, Fluhr, and Margo Tank.

LISTEN

Digital Transformation – The never-ending journey. Digital transformation is more than a trend – it’s a continuous journey. Our Tech Index 2024 looks at the rise of blockchain to the advancements in AI and the potential of quantum computing – the evolution never stops. Organizations are encouraged to adapt and lead the way in this ever-changing landscape. Mark O’Conor, Paul Allen, and Chloe Forster take a deep dive into digital transformation.

READ

Digital Asset Market Clarity Act: The increasing role of the CFTC in regulating crypto markets

Digital Transformation: eSignatures and ePayments News and Trends

Market Edge – covering SEC developments for publicly traded companies

Digital Digest addresses the growing challenges faced by the UK commercial and financial sector due to the increasing number of laws, regulations, and market practices affecting the digital and crypto industry.

Contacts

Learn more about our Blockchain and Digital Assets practice by contacting any of our editors:

Margo Tank
Michael Fluhr
Liz Caires
Eric Hall