SEC's Chief Accountant Flags Crypto
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."
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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...