The SEC has moved with stunning alacrity to put crypto regulation on a sustainable footing. Even as Congress continues to work on a market structure bill, there is still room for addition...
Senator Hagerty’s new stablecoin bill – with bipartisan support – builds on several prior bills. The bill offers a compromise to a stumbling block in the last Congress: how to alloc...
A federal payments charter has been on the policy agenda since the first Trump administration and has garnered support from policymakers on both sides of the aisle. New technologies that ...
Crafting a comprehensive regulatory framework for crypto will take time. But there are a few steps that the new SEC chair can immediately take to get the ball rolling.
Davis Polk partner Joe Hall and associates Boaz Goldwater and Justin Levine authored the United States chapter in the sixth edition of the Legal 500: Blockchain Comparative Guide. In the ...
The FDIC’s proposed amendment to its CIBCA regulations would give the FDIC greater oversight of investments by non-bank investors in holding companies of FDIC-supervised institutions. ...
In an important step forward, the House is set to vote on a bill that would establish a comprehensive regulatory framework for digital assets and offer important protections for customers...
Davis Polk partner and Financial Institutions practice chair Randy Guynn, counsel Daniel Newman and associate Justin Levine authored “Novel applications may fizzle after Fed master acco...
The courts rejected arguments that the Federal Reserve Banks are required to grant master accounts to all legally eligible depository institutions. We analyze the rulings and their broade...