On September 29, 2025, staff in the SEC’s Division of Investment Management issued no-action relief for certain crypto asset custodians. Specifically, the relief will, under certain circumstances, allow SEC-registered investment advisers (Registered Advisers), registered investment companies and business development companies (collectively, Regulated Funds) to treat a state-chartered trust company as a “bank” (for custody purposes)
Crypto Business
Treasury Continues Implementation of GENIUS Act
On September 19, 2025, the Department of the Treasury published an advance notice of proposed rulemaking to solicit public comment on questions relating to implementation of the GENIUS Act. Comments are due October 20, 2025.Continue Reading ›
UK ICO Launches Consultation on Distributed Ledger Technologies Guidance
By Hunton
On August 28, 2025, the UK Information Commissioner’s Office initiated a public consultation on draft guidance on Distributed Ledger Technologies, focusing on blockchain.Continue Reading ›
Trump Signs Executive Order on “Politicized” and “Unlawful” Debanking
By Hunton
President Donald Trump has signed a sweeping Executive Order titled “Guaranteeing Fair Banking for All Americans,” aimed at preventing financial institutions from denying services to individuals or businesses based on political or religious beliefs, lawful business activities, or other constitutionally and statutorily protected attributes. While the impetus for debanking historically has been political and regulatory…
President’s Working Group Issues Report on Digital Financial Technology
On July 30, 2025, the President’s Working Group on Digital Assets released its report entitled “Strengthening American Leadership in Digital Financial Technology.” The report champions American innovation in crypto, and “endorses the notion that digital assets and blockchain technologies can revolutionize not just America’s financial system, but systems of ownership and governance economy-wide.”Continue Reading ›
States Shift Focus to Digital Assets
In recent weeks all eyes have been on Congress as various bills regulating digital assets advance. But state legislatures have been busy as well, with several considering new legislation on digital assets and cryptocurrency.Continue Reading ›
Weekly Blockchain Blog – March 24, 2025
In this issue:
- Digital Asset Companies Announce Strategic Acquisitions
- New Blockchain Network, Crypto Loan and Trading Products Announced
- New Data Published on Stablecoin Market
- SEC Publishes Statement on Mining Activities, Reportedly Will Drop Ripple Case
- US Department of the Treasury Removes Tornado Cash Sanctions
- Malware Targets Crypto Wallet Extensions; ‘Address Poisoning’ Data Published
Digital Asset…
Weekly Blockchain Blog – March 17, 2025
In this issue:
- US Digital Asset Companies Achieve Licenses, Launch Products
- New Stablecoin and Crypto Payment Products Announced
- OCC Affirms Banks Permitted to Engage in Crypto, Rescinds Nonobjection Policy
- DOJ Shuts Down Garantex Exchange, CA Publishes Stats on Crypto Scams
US Digital Asset Companies Achieve Licenses, Launch Products
According to…
Weekly Blockchain Blog – March 10, 2025
In this issue:
- Executive Order Establishes Strategic Bitcoin Reserve, Digital Asset Stockpile
- Digital Asset Companies Launch New Products in Payments, Staking, Custody
- Ethereum Foundation Announces Leaders; Crypto Analytics and Lending Expand
- SEC Drops More Crypto Cases, Commissioners Publish Related Statements
- Senate Votes to Overturn DeFi Broker Rule, Bill Now Moves to House
- Crypto Public Keys
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Weekly Blockchain Blog – March 3, 2025
In this issue:
- Digital Asset Companies Continue New Product Launches
- SEC Seeks Public Input for Crypto Task Force, Closes Crypto Investigations
- SEC Division of Corporation Finance Publishes Statement on Meme Coins
- Congressional Research Service Publishes Report on Banking and Crypto
- DOJ Crypto Enforcement Targets Unlicensed Exchanges, Market Makers, Scams
- Bybit Exchange Suffers Largest Hack in
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