Mar 14, 2023 SVB Failure Spurs Fed Soul-Searching, Political Blame Game By A&O Shearman The Monday after Silicon Valley Bank's implosion saw the Federal Reserve pledging to look inward, President Joe Biden calling for tougher...
Nov 30, 2021 Webinar: What A FinTech Needs To Know About Becoming A Bank By A&O Shearman Recently, there has been a significant increase in applications for new bank charters, particularly from FinTechs and payment-related...
Nov 12, 2021 U.S. Stablecoin Regulation: Bringing Stablecoins Into The Regulatory Fold By Donna Parisi On November 1, 2021, the President’s Working Group on Financial Markets (“PWG”), joined by the Federal Deposit Insurance Corporation...
Oct 22, 2021 NY FinTech Week Recap and Digital Diary By A&O Shearman This week was New York FinTech Week, bringing together hundreds of professionals from across the sector for a series of panel...
Oct 20, 2021 Crypto Regulation, Trends in Blockchain, and Diversity and Women in Fintech: Donna Parisi Interviewed on Nasdaq Trade Talks By A&O Shearman Shearman & Sterling partner and Head of Financial Services and FinTech, Donna Parisi, was interviewed on Nasdaq Trade Talks during New...
Sep 10, 2021 State of Harmony? Money Transmitter Regulators Move to Create Uniformity Across State Lines By A&O Shearman The Board of Directors of the Conference of State Bank Supervisors (the "CSBS") recently approved the Uniform Money Transmission...
Aug 18, 2021 Crypto Regulation in the Spotlight By A&O Shearman The U.S. regulatory landscape for crypto and digital assets is complex, and recent high-profile federal enforcement actions and a slew of...
Jun 17, 2021 Who’s in charge? An overview of U.S. digital asset regulation By A&O Shearman It is almost impossible to scan the news without seeing multiple headlines relating to cryptocurrency and other digital assets. Perhaps...
Nov 16, 2020 DOJ Seeks to Block Visa’s $5.3 Billion Acquisition of FinTech Start-up Plaid Due to Antitrust concerns over Nascent Competition By A&O Shearman On November 5, 2020, the Department of Justice (DOJ) filed a civil antitrust lawsuit in the U.S. District Court for the Northern District...
Feb 10, 2020 FDIC Approves Varo Money to Offer Deposit Insurance By A&O Shearman On February 10, 2020, mobile banking company Varo Money, Inc. announced that it has received approval from the Federal Deposit Insurance...
Nov 04, 2019 Shearman & Sterling and the Global Blockchain Business Council Convene Panel on Stablecoins By A&O Shearman Shearman & Sterling and the Global Blockchain Business Council (GBBC) convened a panel on Monday to discuss the world’s most talked about...
Nov 01, 2019 Jay Baris Authors Chapter in Global Legal Insights: Blockchain & Cryptocurrency Regulation 2020 By A&O Shearman Partner Jay Baris (New York-Investment Funds) authored a chapter titled "The custody of digital assets – 2020" in the latest Global Legal...