*Reed Smith

1/23/2025 4:50:21 PM

DORA: Clarification on ICT services

By Howard Womersley Smith Aselle Ibraimova

The European Commission clarified whether EU financial entities can descope from DORA services received from financial entities, which...

12/9/2024 10:29:17 AM

The Fifth Circuit Limits OFAC’s Ability to Sanction Crypto Transactions

By Daniel Ahn

On November 26, 2024, the United States Court of Appeals for the Fifth Circuit unanimously ruled that the Office of Foreign Assets...

7/29/2024 6:56:55 PM

CFPB Issues Report Highlighting Costs of Electronic Payment Processing in K-12 Schools

By Brian Willett

Electronic payment processing offers speed and convenience in many daily transactions, but that expediency often comes with a price. In...

5/1/2024 8:06:48 AM

Serious Consequences of Lax AML Controls

By Rizwan Qureshi

This incarceratory sentence is an important reminder that it is never too early to ensure that your AML controls, particularly around KYC...

12/21/2023 1:59:42 AM

S&P Releases Stablecoin Assessment

By Celisa Morin Michael Tomasulo Libby Burke

Credit rating agency Standard & Poors (S&P) released a stablecoin stability assessment last week. Stablecoins are a vital part of the...

12/15/2023 4:45:10 PM

FASB’s Updated Fair Value Accounting Treatment Eliminates a Major Impediment to Corporate Adoption of Bitcoin as a Treasury Asset

By Celisa Morin Michael Tomasulo Mehrnaz Afshar

This past week the U.S. Financial Accounting Standards Board (FASB), which establishes financial accounting and reporting standards for...

11/29/2023 10:38:18 AM

New Mandatory Initial Disclosures and Increased Discovery Sanctions in California State Court cases

By Grady Glover

A new California law effective on January 1, 2024, SB235, modifies Cal Code Civ Proc §§ 2016.090 and 2023.050 creating new, mandatory...

10/26/2023 2:18:17 PM

Crypto Focused Venture Firm Completes $580 million Fundraising Round

By Victor Reim Celisa Morin Michael Tomasulo

Blockchain Capital, a digital asset/crypto focused venture firm, recently completed the largest fund raise in its ten-year history. The...

10/18/2023 4:29:21 PM

Asset Tokenization Takes a Big Step Forward

By Victor Reim Michael Tomasulo Celisa Morin

The tokenization-of-real-world-assets is seen by many as a practical and promising use-case for blockchain technology, and as an...

7/6/2023 9:21:40 AM

Tomorrow's supply chain - UN reports progress despite challenges

By Bryan Tan

The latest UN survey on trade facilitation released on 5 July 2023 finds that global trade facilitation has progressed despite the...

7/5/2023 3:13:52 PM

Will the U.S. Finally Have a Spot Bitcoin ETF?

By Celisa Morin

This post was also written by Ramsey Hanna. This past month, the Nasdaq exchange and BlackRock, the world’s largest global asset manager...

6/27/2023 3:33:48 PM

Open banking - slow on the uptake

By Howard Womersley Smith

The UK has been a pioneer in Open banking since its launch in 2018. Five years on, how is the supposed new entry point to banking and...

6/19/2023 8:44:44 AM

Tomorrow’s supply chain - database created to track trade digitalization progress

By Bryan Tan

The ICC and UNESCAP have created an online database to track progress of trade digitalization efforts around the world. Useful as a...

6/16/2023 8:27:31 AM

Tomorrow’s supply chain - Risks to be aware of related to supply chain finance

By Anthony Woo Min Li

You have implemented what you have been told are the best-in-class gold standard controls for your supply chain, and you know this is...

6/6/2023 8:38:33 AM

SEC Sues Crypto Exchange Binance and Founder Changpeng Zhao

By Mark Bini Kaela Dahan Victoria Jaus +1 more...

On June 5, 2023, the Securities and Exchange Commission (“SEC”) filed a complaint in the U.S. District Court for the District of Columbia...

6/5/2023 7:57:46 PM

Real fears

By Douglas Wood

As Shelly Palmer reports in one of his latest articles, the immediate technology threat facing us is not AI. While the debate over AI is...