FinTech Law Firm’s Post

🚨 Decentralized But Not Devoid of Responsibility 🚨 The SEC’s enforcement action against Mango Labs sends a clear message to crypto projects: decentralization is not a free pass from securities laws. In our latest blog post, we break down: 🔹 The key lessons from the SEC’s case 🔹 Why compliance matters—even for DAOs and decentralized platforms 🔹 Practical steps to align your crypto project with regulatory requirements Don’t let misconceptions about decentralization lead to costly mistakes. Stay informed and compliant. 🔍💡 👉 https://zurl.co/4pzO #SECEnforcement #CryptoCompliance #DecentralizedFinance #Web3 #BlockchainRegulation #MangoLabs #FinTechLaw

🚨 Crypto Startups: Avoid SEC Enforcement with These Key Compliance Steps! 🚨 In the wake of the SEC’s aggressive enforcement actions, like the recent case against eToro USA LLC, it's clear that crypto startups need to focus on compliance before they scale. Waiting until you've launched or gained traction could expose you to serious legal risks. 🚫 Key takeaways for crypto founders: 1️⃣ Evaluate Your Token: Could it be classified as a security? If so, you must comply with U.S. securities laws. 2️⃣ Register or Seek Exemptions: If you’re offering securities, you need to register with the SEC or find an applicable exemption. Don’t assume non-registration is an option just because you’re in crypto. 3️⃣ Broker-Dealer and Custody Rules: If you act as an intermediary or custodian of crypto assets, you must follow strict SEC regulations. 4️⃣ Full Disclosure is Critical: Transparent and accurate disclosures about your operations and risks are non-negotiable. 🔑 Proactive compliance is key. Address legal concerns from day one, not after you’ve built your platform, to avoid costly SEC penalties. Learn more about how your crypto startup can avoid SEC enforcement in my latest blog post. Compliance starts before you launch! 🚀 #Crypto #Startups #Compliance #FinTech #SEC #DigitalAssets #Blockchain #CryptoRegulations #eToro #LegalTech #CryptoLaw #BlockchainStartups #SECEnforcement 👉 Read more: https://zurl.co/9bDW

🚨 Crypto Startups: Avoid SEC Enforcement with These Key Compliance Steps! 🚨 In the wake of the SEC’s aggressive enforcement actions, like the recent case against eToro USA LLC, it's clear that crypto startups need to focus on compliance before they scale. Waiting until you've launched or gained traction could expose you to serious legal risks. 🚫 Key takeaways for crypto founders: 1️⃣ Evaluate Your Token: Could it be classified as a security? If so, you must comply with U.S. securities laws. 2️⃣ Register or Seek Exemptions: If you’re offering securities, you need to register with the SEC or find an applicable exemption. Don’t assume non-registration is an option just because you’re in crypto. 3️⃣ Broker-Dealer and Custody Rules: If you act as an intermediary or custodian of crypto assets, you must follow strict SEC regulations. 4️⃣ Full Disclosure is Critical: Transparent and accurate disclosures about your operations and risks are non-negotiable. 🔑 Proactive compliance is key. Address legal concerns from day one, not after you’ve built your platform, to avoid costly SEC penalties. Learn more about how your crypto startup can avoid SEC enforcement in my latest blog post. Compliance starts before you launch! 🚀 #Crypto #Startups #Compliance #FinTech #SEC #DigitalAssets #Blockchain #CryptoRegulations #eToro #LegalTech #CryptoLaw #BlockchainStartups #SECEnforcement 👉 Read more: https://zurl.co/a89x

We are delighted to host Y. Ozge Okat, Managing Partner at Okat Law , a prestigious law firm specializing in financial and technology regulations. He will delve into "Current SPK Regulation and Legal Compliance for Crypto Assets." With extensive experience in legal compliance and regulatory frameworks, Yalçın brings invaluable insights into navigating the complexities of crypto laws! ⚖️ #ChainConference2024

Syed Rahman highlighted possible problems with the FCA’s new guidelines for promoting complex digital financial products. When asked by Law360 about the latest FCA advice, Syed said the watchdog’s expectation that crypto-businesses will use the required appropriateness assessment to ensure products are right for consumers is “stretching firms to provide quasi-investment advice’’. He added that this will make investing in crypto “more onerous’’ and “seems to go against the intentions of the FCA to promote growth.’’ https://buff.ly/4gjozn0 #fca #crypto #investing #legal #law #lawfirm

McCarthy Tétrault is proud to have contributed to the Law Over Borders Cryptoassets comparative law guide. Published by The Global Legal Post, this online resource provides a practical overview of the law regulating cryptoassets in key jurisdictions around the world. It covers issues such as licensing and anti-money laundering requirements, the regulation of cryptoasset promotion, rules governing crypto bankruptcy and insolvency, the legal treatment of DAOs and smart contracts, and provides insight into proposed legal reform in this complex and rapidly evolving space. Co-Head of Fintech Lori Stein led the process, which includes contributions from Ana Badour (Fintech – Banking and Payments), Shane C. D'Souza (Litigation), Barry Sookman (IP), Heather Meredith (Insolvency, Ontario) and Hugo Babos-Marchand (Insolvency, Quebec). The chapter highlights our multi-disciplinary expertise which qualifies us to advise crypto asset industry participants on all aspects of their businesses and activities. Click here to read the Canadian chapter: https://lnkd.in/ehBaEhvS

🚨 Attention DeFi Founders--Decentralization Won’t Protect You 🚨 For crypto & DeFi founders, decentralization might seem like a safeguard against regulation, but recent SEC actions say otherwise. Cases like Rari Capital and BitClout show that even "decentralized" projects can fall under legal scrutiny if control remains centralized. Read why compliance is non-negotiable and how to avoid common mistakes. Stay informed, stay compliant. 👉 https://zurl.co/VyTM #DeFi #CryptoRegulation #Blockchain #Compliance #SEC #Fintech #Web3 #Decentralization

🚨 Attention DeFi Founders--Decentralization Won’t Protect You 🚨 For crypto & DeFi founders, decentralization might seem like a safeguard against regulation, but recent SEC actions say otherwise. Cases like Rari Capital and BitClout show that even "decentralized" projects can fall under legal scrutiny if control remains centralized. Read why compliance is non-negotiable and how to avoid common mistakes. Stay informed, stay compliant. 👉 https://zurl.co/dGJ9 #DeFi #CryptoRegulation #Blockchain #Compliance #SEC #Fintech #Web3 #Decentralization

Great to speak with Global Restructuring Review for this article on the UKJT’s latest Legal Statement on the treatment of Digital Assets under English insolvency law - looking forward to the launch event tonight. And look out for TW’s more detailed commentary on the Legal Statement, and what questions might still be out there looking for an answer. https://lnkd.in/e7pedBNX

Excited to announce that my colleague, Stanley Tan and I contributed a chapter to the first edition of The Global Legal Post’s Cryptoassets Law Over Borders Comparative Law Guide. Our chapter dives into the legal landscape of Singapore for cryptoassets, covering licensing, anti-money laundering (AML), DAO & smart contract treatment, and more! This evolving space demands clear regulations, and this guide offers valuable insights. Check out the online guide or reach out to discuss. For a deeper dive on DAOs, check out also my previous #podcast episode with Stanley Tan on “Black & White, by Setia”: https://lnkd.in/gsTbSj3c #digitalassets #cryptolaw #Singapore #DAOs #Blockchain