Germany has introduced a new regulation on crypto fund units (Verordnung über Kryptofondsanteile – KryptoFAV), that allows fund managers to issue fund units on an electronic instead of a physical basis. The new rules come less than one year after the Fund Location Act (Fondsstandortgesetz) allowed institutional investors to invest…
Goodwin Partners, Kyle Tayman, Andrew Kim, and Collin Grier recently wrote an article for Law360 regarding CFPB’s entry into the cryptocurrency arena. Read more here.
Goodwin Partner, Simon Thomas, was recently quoted by Global Restructuring Review regarding UK’s proposal for new insolvency regime for stablecoin failures. Read more here.
Digital Currency Perspectives authors Alison Douglass, Meghan Spillane, DeMario Carswel, and Frank DelPesce recently posted an alert regarding a Compliance Assistance Release issued by the U.S Department of Labor its views on the availability of cryptocurrencies on 401(k) investment platforms. Read more here.
Digital Currency Perspectives authors Alexis Coll-Very, Grant Fondo and Robert Tiefenbrun recently posted an alert regarding the SEC announcement that it settled charges against NVIDIA Corporation. The SEC has alleged that the company’s disclosures regarding the impacts of increased use of its gaming products by cryptocurrency miners were inadequate and…
Digital Currency Perspectives author, Nick Losurdo, was recently quoted by Bloomberg.com regarding Biden’s executive order which is meant to ensure responsible development of digital assets. Read more here.
Digital Currency Perspectives author, Nick Losurdo, recently posted an alert regarding the use of an emergency cease and desist order issued against individuals and a company using NFTs to finance multiple metaverse casinos. Read more here.
Digital Currency Perspectives author, Nick Losurdo, recently posted on Goodwin’s FinReg blog about the “death” of the distinction between dealer and trader. Read more here.
On January 10, 2022, tZERO’s ATS settled a matter with the SEC in which it agreed to an $800,000 fine. Given the size of the penalty and substantial attention on the SEC’s approach to regulating digital asset securities, readers may have thought that this would present a blockbuster set of…
In a speech before the Aspen Security Forum on August 3, 2021, SEC Chair Gary Gensler followed the lead of his predecessor and repeated the SEC’s view that current securities regulations are clear and almost all tokens are securities. In the same speech however, he cited “facts and circumstances” that…