26 Jun, 2020 Telegram Settles With SEC, Agreeing to Return $1.2 Billion to Investors and Pay Penalty By A&O Shearman On June 26, 2020, the U.S. Securities and Exchange Commission (“SEC”) received court approval of its settlement with Telegram Group Inc.,...
21 Oct, 2019 SEC Order Freezes Alleged Unregistered Digital Token Offering By A&O Shearman Earlier this month, the Securities and Exchange Commission (SEC) obtained a temporary restraining order freezing an alleged unregistered...
22 Aug, 2019 SEC Stays Active in the Digital Asset Enforcement Space, Delays Bitcoin ETF Decisions By A&O Shearman In the first three weeks of August, the Securities and Exchange Commission (SEC) commenced or settled three enforcement actions related...
05 Aug, 2019 U.K. Regulator Provides Guidance on Regulatory Perimeter and Crypto-Assets By A&O Shearman The U.K. Financial Conduct Authority (FCA) has published a Policy Statement and final Guidance on Crypto-assets. The Policy Statement...
22 Jul, 2019 ESMA Publishes Report on the Licensing of FinTech Business Model By A&O Shearman Fulfilling its mandate under the European Commission's FinTech Action Plan to map the current authorization and licensing approaches for...
19 Jun, 2019 Financial Services Regulation for FinTech Companies By A&O Shearman Partner Nathan Greene and Associate Justin Reda (both New York-Investment Funds) have published a two-part article in Law360 titled...
10 Jun, 2019 SEC Sues Kik Interactive for Conducting Unregistered ICO By A&O Shearman On June 4, 2019, the Securities and Exchange Commission (SEC) sued Canadian mobile messaging company Kik Interactive, Inc. (Kik) for...
22 Mar, 2019 ABA White Paper Offers Roundup of Global Digital Asset Regulations By A&O Shearman Last week, the American Bar Association (ABA) published a white paper surveying the regulation of digital assets in a number of global...
20 Mar, 2019 SEC Chairman Clayton Addresses Application of Federal Securities Laws to Digital Assets By A&O Shearman Earlier this month, Securities and Exchange Commission (SEC) Chairman Jay Clayton responded to a letter from Congressman Ted Budd (NC)...
26 Feb, 2019 SEC Settles Unregistered ICO without Penalty after Company Self-Reported to SEC By A&O Shearman On Feb 20, 2019, the Securities and Exchange Commission (SEC) charged a company with conducting an unregistered initial coin offering...
15 Feb, 2019 SEC Commissioner Peirce Calls for Thoughtful Application of U.S. Securities Laws to Digital Assets By A&O Shearman In a February 8, 2019 speech, Securities and Exchange Commission (SEC) Commissioner Hester Peirce suggested that the regulators should...
12 Feb, 2019 Kik Interactive and Kin Ecosystem Foundation Respond to Wells Notice Alleging Violation of Securities Laws By A&O Shearman In late 2018, the Securities and Exchange Commission (SEC) sent a Wells Notice to Kik Interactive Inc. and the Kin Ecosystem Foundation...