Fintech

  • June 24, 2026

    Morgan Stanley Gets Initial OCC Nod To Launch 'Digital Trust'

    The Office of the Comptroller of the Currency has given an initial green light for Morgan Stanley to move forward with its plans to launch a cryptocurrency-focused trust bank, a first for one of Wall Street's banking giants.

  • June 24, 2026

    Dem Lawmakers Probe SEC On Brokerage AI Agents

    Democratic members of the House Financial Services Committee have urged U.S. Securities and Exchange Commission Chairman Paul Atkins to detail the agency's perspective on brokerage and investment advice provided through agentic artificial intelligence, saying agentic trading by retail brokerage platforms "raises serious questions for investor protection, broker-dealer responsibilities, market integrity, and the accountability of AI developers."

  • June 24, 2026

    Mass. AG Looks To Add Underage User Claims To Kalshi Suit

    The state of Massachusetts wants to expand its lawsuit alleging Kalshi offers unlicensed sports betting to add claims that the prediction market permits users under 21 and people on the state's gambling self-exclusion list to place bets.

  • June 24, 2026

    Kentucky Is Latest State To Catch CFTC Prediction Market Suit

    The Commodity Futures Trading Commission has hit back against Kentucky regulators with a suit defending its jurisdiction over event contracts, after the state brought enforcement actions against several prediction market platforms alleging they violate the state's consumer protection and gambling laws by offering unlicensed sports wagering.

  • June 24, 2026

    SEC Pressed To Curtail Hedge Fund, VC Reporting Rules

    Venture capital firm Andreessen Horowitz and Ropes & Gray LLP are urging the U.S. Securities and Exchange Commission to rewrite the definition of "hedge fund" before putting into place proposed regulations on what those funds have to disclose about their holdings.

  • June 24, 2026

    Investment Fund Hit With Class Action For Claimed $60M Loss

    Lack of oversight and transparency within a private investment fund resulted in the purported loss of nearly $60 million after a board member is said to have siphoned the money away, according to a putative class action filed in the North Carolina Business Court.

  • June 24, 2026

    Kalshi Sues Ill. Officials Over Sports Event Contracts Law

    Kalshi sued Illinois Gov. J.B. Pritzker and other top state officials in Illinois federal court Tuesday to block the enforcement of a new law that requires prediction-market exchanges offering sports event contracts to obtain an Illinois gambling license and comply with state gambling regulations, saying federal law preempts those requirements.

  • June 24, 2026

    FTX Exec's Wife Gets Trial Date In Campaign Finance Case

    A Manhattan federal judge Wednesday scheduled a November trial for crypto-lobbyist Michelle Bond, as she seeks to beat charges alleging she agreed with her husband, jailed former FTX executive Ryan Salame, to take illegal campaign cash from the bankrupt exchange.

  • June 23, 2026

    Solmate Board Enriched Itself, Duped Shareholders, Suit Says

    The single largest outside shareholder of crypto treasury company Brera Holdings, which does business as Solmate Infrastructure, has filed suit against the company's board of directors, accusing them in New York state court of brokering "self enriching agreements" to the detriment of shareholders.

  • June 23, 2026

    Feds' Capital Revamp Has A Dodd-Frank Problem, Critics Say

    Big banks are broadly pleased with a draft capital-rule overhaul that federal regulators project would deliver the biggest capital relief in a generation, but critics say it rests on shaky legal ground that the banking agencies have "astoundingly" ignored.

  • June 23, 2026

    SEC Urged To Adopt CAT To Fix Market Surveillance Tool

    The national stock exchanges that run a key market surveillance tool have told the U.S. Securities and Exchange Commission there is "no realistic fallback" that could replace the tool as the SEC looks for ways to trim the tool's budget, but some are urging the agency to take over funding and ownership of the database known as the consolidated audit trail. 

  • June 23, 2026

    Circle Says It's Not Liable To Crypto Users For Drift Hack

    Circle Internet Group urged a Massachusetts federal court to toss a suit from crypto users accusing the stablecoin issuer of failing to act when $280 million in digital assets was drained from crypto project Drift Protocol in an April Fools' Day exploit, arguing that accusations of inaction are insufficient to support the claims.

  • June 23, 2026

    Voyager Investors Appeal Toss Of Mark Cuban Crypto Case

    Investors of collapsed cryptocurrency brokerage Voyager Digital on Tuesday told a Florida federal judge they are challenging his order dismissing their claims against Mark Cuban and the Dallas Mavericks and his ruling denying the transfer of the case to Texas.

  • June 23, 2026

    SEC Sends E-Delivery Proposal To White House

    The U.S. Securities and Exchange Commission could soon put forth a proposal amending the rules for providing electronic statements to investors, following recent comments from SEC Chair Paul Atkins that changes to the opt-in model are "long overdue."

  • June 23, 2026

    Fintech Firm Advent Software Hits Advent AI With TM Claims

    Fintech firm Advent Software hit artificial intelligence firm Advent AI with a trademark infringement suit, saying the similarities in the names of the two companies lead to consumer confusion.

  • June 22, 2026

    Cuomo To Lead OKX-NYSE Parent Crypto Joint Venture

    Former New York Gov. Andrew Cuomo will co-chair a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, a partnership aimed at developing infrastructure for "tokenized and digitally native financial products," according to an announcement made Monday.

  • June 22, 2026

    Dentons Adds Ex-Yuga Labs Legal Chief To Corporate Team

    The former chief legal officer of Yuga Labs has joined Dentons as a partner in the firm's corporate practice, where he will advise technology companies, investors and financial institutions in the fintech, digital asset and artificial intelligence spaces.

  • June 22, 2026

    CFTC Seeks Input On Energy Perpetual Contracts, 24/7 Trading

    The U.S. Commodity Futures Trading Commission is asking for public input on how it should address around-the-clock trading and perpetual contracts in the energy industry, asking how the industry developments could impact the price of commodities like crude oil.

  • June 22, 2026

    OCC Pitches Anti-Illicit Finance Rules For Stablecoin Issuers

    The Office of the Comptroller of the Currency issued a plan Monday to implement Bank Secrecy Act and sanctions compliance standards for stablecoin issuers, folding in a past plan from Treasury Department regulators and marking the latest regulatory proposal under the federal stablecoin framework known as the Genius Act.

  • June 22, 2026

    Bitcoin Miner Hut 8, Investors Ink $2.3M Merger Settlement

    A proposed class of investors in Hut 8 Corp. has reached a $2.3 million settlement with the bitcoin miner to resolve claims that it overpaid for a company with severe operational issues and misled investors about energy and connectivity failures at a Texas facility that was part of the merger.

  • June 22, 2026

    SEC Signals Interest In Novel ETF Rulemaking

    The U.S. Securities and Exchange Commission could soon ask the public what it thinks about new types of exchange-traded funds that some companies have proposed, potentially moving a step closer to writing rules for the fund industry as prediction market ETFs await the agency's approval.

  • June 21, 2026

    DC Circ. Sends CFPB Layoff Fight Back To District Court

    The D.C. Circuit has declined to give the Trump administration an immediate green light for a plan to lay off around half of the Consumer Financial Protection Bureau's remaining workforce, instead handing it off for a Washington, D.C., federal judge to review first.

  • June 18, 2026

    Cere Execs Look To Arbitrate $100M Crypto Network Suit

    A co-founder of cryptocurrency-associated data cloud platform Cere Network is seeking to compel arbitration in a case before a California federal judge over a purported cryptocurrency fraud scheme that sold about $41 million in Cere tokens on exchanges and misappropriated investor funds.

  • June 18, 2026

    Bitcoin Thief Tells 2nd Circ. Resentence Violates Constitution

    Counsel for a convicted Florida bitcoin fraudster who was sentenced to 12 years in prison for failing to pay over $20 million in restitution stemming from his role in a crypto heist on Thursday told the Second Circuit that the lower court's resentencing trampled on the constitutional rights of her client, who "never got due process at any stage."

  • June 18, 2026

    Payment Co. Marqeta And Investors Ink $13M Deal

    Card issuing and transaction processing company Marqeta Inc. has reached a $13 million deal with shareholders that would end claims it concealed the effects that heightened regulatory scrutiny of its small bank partners would have on the growth of its business.

Expert Analysis

  • Treasury Proposal Maps Compliance Road For Stablecoins

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    Stablecoin issuers should prepare for bank-style anti-money laundering and sanctions obligations under, and consider submitting comments on, the Treasury Department's proposed Genius Act rules, which are reshaping compliance expectations for digital asset businesses and affiliated financial institutions alike, say attorneys at Arnold & Porter.

  • Adapting To AI-Driven Scrutiny Of Foreign Asset Disclosures

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    As the government expands AI-driven, cross-agency fraud detection, foreign asset disclosure should be viewed as part of a broader, data‑driven enforcement ecosystem that prioritizes consistency, documentation and proactive governance, says Logan Koehring at FBT Gibbons.

  • 2nd Circ.'s Cantero Redo Complicates Mortgage Escrow Issue

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    The Second Circuit's recent decision in Cantero v. Bank of America reflects the absence of definitiveness in mortgage escrow preemption jurisprudence, leaving lenders to navigate conflicting state rules and pricing challenges amid a deepening circuit split, say attorneys at Sullivan & Cromwell.

  • 5 Rules In 10 Weeks: Inside Genius Act's Implementation Blitz

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    Regulators have proposed five Genius Act rules in a striking span of 10 weeks, building a stablecoin framework that, with the Office of the Comptroller of the Currency at its operational center, will shape oversight and force issuers, banks and fintechs to take action as deadlines approach, say attorneys at Cahill.

  • Series

    NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Revised Fed Principles Balance Risk And Remediation

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    The Federal Reserve's recently updated supervisory principles sharpen standards for enforcement actions while rewarding self-identification and remediation, signaling a more transparent approach that could reduce uncertainty and reshape how banks manage examination risk and regulator engagement going forward, say attorneys at Davis Wright.

  • Big Issues Linger After Senate Prediction Market Trading Ban

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    Whether the Senate can — or should — extend prediction market trading restrictions beyond itself will test not only the boundaries of insider trading law, but also the structural limits of legislative power in an era where information itself has become a tradable asset, say attorneys at Benesch.

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • What Model Risk Guidance Update Means For Banks

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    Federal prudential regulators recently issued new model risk management guidance for banks that is designed to reduce prescriptive supervisory expectations and instead focus more on material financial risk, so banking organizations should reassess their model inventories, apply the new materiality framework and update their internal policies, say attorneys at Orrick.

  • Becoming The Biz-Savvy GC That Portfolio Companies Need

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    Candidates for general counsel roles at private equity-backed portfolio companies should prioritize proving their sector-specific experience, commercial judgment and ease with uncertainty — and attorneys hoping to be candidates in five to 10 years should start working on those skills now, says Dimitri Mastrocola at Major Lindsey.

  • Operational AI Washing: The Section 220 Information Strategy

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    Plaintiffs filing AI washing claims will likely use Section 220 of the Delaware General Corporation Law to obtain internal board records, but 2025 amendments have fundamentally changed the landscape of presuit shareholder document demands in ways that create both risk and opportunity for companies, say attorneys at Akerman.

  • Series

    Judges On AI: How Courts Can Survive The Tech Revolution

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    Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • Sentencing Tips For Defending Crypto Conspiracy Cases

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    The sentencing of Evan Tangeman to 70 months in federal prison for laundering money in a cryptocurrency conspiracy illustrates that defense attorneys representing clients in multidefendant crypto cases need to understand the mechanics of conspiracy liability, loss attribution and restitution exposure before they reach the sentencing table, says Joseph De Gregorio at Sentencing Advocacy.

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

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