Our US lawyers consider the latest round of enforcement and regulatory guidance on crypto assets

In the United States the tension between the rapidly expanding market in decentralised cryptocurrencies and the regulation designed to protect investors in centralised financial systems is coming to a head.

US regulators are setting their sights on Bitcoin, other cryptocurrencies and crypto assets such as “tokens,” as well as the exchanges and brokers which investors and consumers use to access this nascent market.

Flurry of regulatory activity

Our US lawyers have been following a flurry of activity in the past month from the Federal counts, SEC and the New York Office of the Attorney General in the form of regulatory surveys and enforcement activity.

They have analyzed this activity, together with recent academic research, which points to the ongoing value in regulation – in the face of arguments by crypto proponents that code will rid us of the need for lawyers.

Likely trends

Find out the view of our US Fintech key contacts on the likely trends in regulatory enforcement and regulatory scrutiny – and its potential effect on the crypto markets – in our latest US fintech publication: The ICO TKO? US authorities come out swinging in the latest round of enforcement and regulatory guidance on crypto assets.

In this more in depth article we explore both the potential benefits and risks for our clients of engaging with the technical innovations presented by cryptocurrencies, ICOs and smart contracts.