Customer erasure requests are becoming more popular as customers aim to minimize their online data. It usually starts when a customer submits a request to delete their account, invoking the GDPR “right to be forgotten”. For a crypto business serving EU and US customers, the request requires a timely and careful review of which personal…
The Commodity Futures Trading Commission just issued another no-action letter for prediction markets, and while it might seem like regulatory minutiae, it’s actually a strategic move that could reshape the entire industry. What Just Happened On January 8th, the CFTC’s Division of Market Oversight and Division of Clearing and Risk issued a no-action letter to…
The rise of cryptocurrency and blockchain technology has transformed the global financial landscape, introducing decentralized, borderless systems that challenge the assumptions of traditional finance. However, with that innovation has come regulatory friction, and one of the most heavily enforced requirements imposed on crypto businesses is KYC, or “Know Your Customer.” Far from being a tool…
Choosing the right state for your crypto business formation is a critical first step toward building a successful, legally compliant company in the blockchain and digital asset space. In the U.S., state laws can significantly affect your ability to operate, raise capital, and protect your digital assets. Three states have emerged as clear leaders in…
On March 12, 2025, the U.S. Securities and Exchange Commission (SEC) issued two new Compliance & Disclosure Interpretations (C&DIs) and a pivotal no-action letter (the “Latham No-Action Letter”). These developments significantly clarify and expand the accredited investor verification methods under Rule 506(c) of Regulation D. This move is expected to streamline compliance for issuers, particularly…
By Bill Wise The Investment Company Act of 1940 (ICA) is an act of congress that protects investors by establishing rules and regulations that govern the investment company industry. An investment company generally holds large amounts of securities in other companies, and the appreciation of such assets may even make up a large amount of…