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Our Snell & Wilmer team posts updates and news about the opportunities and challenges companies face regarding blockchain technology and digital currencies.
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10 Key Points of the Lummis-Gillibrand Crypto Bill
On June 7, Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY) unveiled the long-awaited 69-page draft of the Lummis-Gillibrand Responsible Financial Innovation Act (“Act”). The Act is meant to create a regulatory framework for digital assets, pioneer legal reform … Continue reading
Posted in Blockchain, Crypto, Securities and Exchange Commission
| Tagged blockchain, CFTC, crypto, digital asset, digital currency, SEC, stablecoin
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FBI Seizes $4.275 Billion in Stolen Cryptocurrency
By: Charles Gianelloni, Las Vegas Partner and Eddie Curry, Las Vegas Diversity Writing Intern (Curry is not admitted to practice law) On February 8, 2022, two individuals were arrested for conspiracy to launder cryptocurrency stolen during the 2016 hack of … Continue reading
Posted in Blockchain, Securities and Exchange Commission
| Tagged blockchain, digital currency, Fraud, SEC
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SEC Forms New ‘FinHub’ Office for Public Engagement in FinTech
The U.S. Securities and Exchange Commission recently announced the launch of a new office called the “Strategic Hub for Innovation and Financial Technology” (“FinHub”). The SEC aims to provide resources to effectively handle public engagement relating to FinTech. Previously, several … Continue reading
Posted in Blockchain, Securities and Exchange Commission
| Tagged Digital Marketplace, Distributed Ledger Technology, FinHub, FinTech, SEC
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