Finally, clarity (or perhaps, “clarity-ish”)
Finally, clarity (or perhaps, “clarity-ish”) After years of refusing to give clear answers1 on the issue of which tokens are securities, the SEC has finally provided some clarity, at least… Read More
Reversal of Fortune: SEC to Drop Coinbase Suit
Reversal of Fortune: SEC to Drop Coinbase Suit On Friday, Coinbase announced that the SEC staff had agreed in principle to dismiss its case alleging the company had failed to register as a securities exchange, broker-dealer, and clearing agency. We… Read More
New Administration Action on Cryptocurrency Tax Regulations
New Administration Action on Cryptocurrency Tax Regulations The Seward & Kissel Tax Group has collected some data and intelligence about what crypto tax changes we may see this year. President Trump aims to assess and revive cryptocurrency regulations via executive order, Congress looks to roll back… Read More
Don’t Expect “Mama Government” to Bail You Out
Don’t Expect “Mama Government” to Bail You Out According to reports, more than 50 lawyers and staffers in the SEC’s Crypto Assets and Cyber Unit have been reassigned to other roles in the agency. On the same day,… Read More
SEC Crypto 2.0
SEC Crypto 2.0 Just how crypto-friendly will the new administration be? Apparently, plenty. Today, SEC Acting Chairman Mark T. Uyeda announced the launch of a task force dedicated to developing a comprehensive and clear regulatory framework for crypto assets, led… Read More
SEC v. Coinbase: “On to the Second Circuit We Go”
SEC v. Coinbase: “On to the Second Circuit We Go” The see-saw court battle over whether Coinbase is an unregistered securities exchange/broker-dealer/clearing agency has flipped, this time with the SEC dropping low. On January 7, 2025, the U.S. District Court for the Southern District of New York… Read More
Changes? Yes. Records? Not so sure.
Changes? Yes. Records? Not so sure. Changes Are Coming…they really are. On January 7, 2025, CFTC Chairman Rostin Behnam announced that he will be stepping down as Chairman on January 20th… Read More
Changes Are Coming
Changes Are Coming Ch-ch-ch-ch-changesTurn and face the strangeCh-ch-changes Changes, by David Bowie Here comes the Black Queen poking in the pileFi fo the Black Queen marching single fileTake this take that bring them down to size… Read More
SEC Crypto Enforcement: Past and Future Tense
SEC Crypto Enforcement: Past and Future Tense There are some in the crypto community who—frustrated with the enforcement first approach of (outgoing) SEC Chair Gary S. Gensler—invested heavily to elect… Read More
US and Global Crypto Tax Update
US and Global Crypto Tax Update Crypto tax policy continues to move forward, domestically and internationally. Domestically, the IRS seeks comments on the new Form 1099-DA. Internationally, the Organization for Economic Co-Operation and Development (“OECD”) provided updates on its Crypto-Asset Reporting Framework, and a group of criminal tax… Read More