Page 17 - Fin Tech News Today

The D.C. Circuit rebuked the U.S. Securities and Exchange Commission ("SEC") on administrative law grounds but left untouched the test the Agency used to deny proposed bitcoin exchange traded products ("ETP").

The Storm Continues: Federal Court Upholds Tornado Cash Sanctions and DOJ Files Criminal Charges Against Two Tornado Cash Cofounders on all of the plaintiffs' claims...

In a published settlement of the charges on August 28, 2023, the US Securities and Exchange Commission ("SEC") stated that non-fungible tokens ("NFTs") issued by Impact Theory, LLC...

The Federal Trade Commission (FTC) has issued guidance on how the Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act...

The Internal Revenue Service published Revenue Ruling 2023-14 on July 31, 2023, regarding the tax treatment for cash-method taxpayers that receive validation rewards in proof-of-stake transactions.

On July 27, Paul Munter, the Chief Accountant of the U.S. Securities and Exchange Commission (SEC), published "The Potential Pitfalls of Purported Crypto ‘Assurance' Work."

On August 8, 2023, the Board of Governors of the Federal Reserve System issued two Supervision and Regulation Letters that provide guidance on the agency's supervision of novel activities and the process that state member banks should follow to engage in certain stablecoin/Dollar Token activities.

In Payward, Inc. and Others v. Chechetkin, the High Court of England and Wales refused the claimants' claim for the enforcement of a US arbitration award against a UK-based consumer.

On 28 August 2023, in its first enforcement action for securities registration violations brought against an issuer of NFTs, the SEC settled with media and entertainment company, Impact Theory, LLC (Impact).

On Monday, August 28, 2023, the U.S. Securities and Exchange Commission (SEC) entered into a settled enforcement action (the "Order") with Impact Theory, LLC, a media and entertainment company...