- On March 2, Chairman of the House Financial Services Committee Patrick McHenry (R-NC) and Senator
Crypto Year in Review 2022: State-Level Regulatory Developments in the Digital Asset Market
In the third segment of our four-part Crypto Year in Review series, Ethan Ostroff, Keith Barnett, and Addison Morgan discuss state-level regulation of interest-bearing cryptocurrency deposit products. Our speakers explain these product types and cover how state attorneys general and other regulators seek to protect consumer interests amid the rapidly evolving digital asset landscape.
Troutman Pepper Weekly Consumer Financial Services Newsletter
To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week:
- On February 25, during the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru,
Troutman Pepper Weekly Consumer Financial Services Newsletter
- On February 16, the Securities and Exchange Commission (SEC) filed a civil enforcement action against
“Consumers deserve to understand better the investment they are making”: Senate Banking Committee Probes a Regulatory Framework for Digital Assets After the Implosion of FTX
On February 14, the U.S. Senate Committee on Banking, Housing, and Urban Affairs (Committee) conducted an open session hearing entitled “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.”
The chosen title of the hearing very clearly highlights two issues that continue to plague the digital asset market: (1) the financial harm imposed
Troutman Pepper Weekly Consumer Financial Services Newsletter
- On February 10, while delivering remarks on CNBC‘s Squawk Box and discussing the Securities
Troutman Pepper Weekly Consumer Financial Services Newsletter
To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week:
- On February 3, while delivering remarks at the American Bar Association Business Law Section Derivatives
Troutman Pepper Weekly Consumer Financial Services Newsletter
- On January 27, the Federal Reserve Board (Fed) announced its decision to deny Custodia Bank’s
Troutman Pepper Weekly Consumer Financial Services Newsletter
To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week:
- On January 19, the Consumer Financial Protection Bureau (CFPB) issued a new circular, affirming that
Not Your Keys, Not Your Coin: Bankruptcy Court Looks to Contract Law to Determine Consumer Interest-Bearing Crypto Deposits Belong to Celsius’ Bankruptcy Estate
Throughout the latter half of 2022, filing for bankruptcy became a reality for many high-profile crypto firms. The resurgence of “crypto winter” has brought many crypto-related entities to their proverbial knees. Indeed, in November 2021, the total cryptocurrency market capitalization reached an all-time high of approximately $3 trillion. That figure has decreased substantially, and today