Immunefi’s Blockchain Expedited Arbitration Rules, developed in collaboration with Greenberg Traurig, LLP and the London Chamber of Arbitration and Mediation (LCAM), has been shortlisted for “Best Innovation” at the GAR Awards 2025.
5 Trends to Watch: 2025 Futures & Derivatives
This blog post highlights key trends in futures and derivatives for 2025, including regulatory changes promoting digital assets, increased integration of crypto with traditional finance, the adoption of DeFi protocols, potential tax and legal reforms, and efforts to harmonize global regulatory standards.
Continue Reading 5 Trends to Watch: 2025 Futures & Derivatives
Fifth Circuit Rejects OFAC Sanction of Tornado Cash Crypto Code
On Nov. 26, 2024, in what has been deemed a win for open-source technology, the U.S. Court of Appeals for the Fifth Circuit reversed the district court’s ruling in Van Loon v. United States Dep’t of the Treasury, holding that OFAC overstepped its authority under IEEPA when it sanctioned Tornado Cash in 2022.
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New Italian Rules for Virtual Asset Service Providers
With new rules under Regulation (EU) 2023/1114 on Markets in Crypto-Assets (Markets in Crypto-Assets Regulation – MiCA), virtual asset service providers operating in Europe are looking for favorable jurisdictions to establish their EU operations and the opportunity to passport their MiCA license in all EU Member States.
The analysis of the national transitional regimes plays
New Rules for Crypto-Assets in Europe
On 20 April 2023, the European Parliament adopted Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). The European Council approved MiCA on 16 May 2023; it was published in the Official Journal of the European Union on 9 June 2023.
A limited number of rules set out in MiCA are already in force, but most
Greenberg Traurig Represents Riot in Acquisition of Block Mining
Greenberg Traurig is mentioned in client Riot Platform’s press release announcing their acquisition of Block Mining, a vertically integrated Bitcoin miner. The acquisition expands the company’s geographic footprint and operational capacity.
Click here to read the full press release, “Riot Announces the Acquisition of Block Mining – Expands Riot’s Total Potential Power Capacity To 2
SEC Approves Ethereum ETFs For Trading
May 23, 2024, the SEC approved the first investment products linked to the price of Ether for listing and trading on three exchanges, following approval of the first Bitcoin ETFs earlier this year. Ether, the cryptocurrency tied to the Ethereum blockchain, is the next most widely held cryptocurrency after Bitcoin. ETFs, or exchange traded funds, are
Hawaii’s Money Transmitters Modernization Act Will No Longer Apply to Cryptocurrency Activities
On Jan. 25, 2024, the Hawaii Department of Commerce and Consumer Affairs Division of Financial Institutions (DFI) and the Hawaii Technology Development Corporation (collectively, the “Agencies”) jointly issued a press release summarizing their findings on the proper regulatory framework for companies specializing in digital currency activity (Crypto Companies)—concluding that the DFI will not apply the
5 Trends to Watch: 2024 Blockchain
- Continued Robust Litigation and Enforcement Actions by Federal and State Regulators and Enforcement Authorities – We will likely see a similar level of anti-fraud prosecutions by the Department of Justice (DOJ) (not necessarily to the FTX level) and a continued strident pace of enforcement actions by the Securities and Exchange Commission (SEC), including Section 5
California Enacts Digital Assets Licensing Law
On Oct. 13, 2023, California Governor Gavin Newsom signed CA AB39, the Digital Financial Assets Law (DFAL), which is the first comprehensive framework to regulate the digital asset market in the state of California. As such, California joins New York and Louisiana as the third state to have a virtual currency specific regulatory licensing