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Foley & Lardner
The National Institute of Standards and Technology (NIST) has released an initial draft of Implementing the Health Insurance Portability and Accountability Act (HIPAA) Security Rule:
Taft Stettinius & Hollister
From modernizing business processes, accelerating workflows, and increased profitability, there are plenty of upsides to an ERP software implementation or full scale digital transformation.
Foley & Lardner
BitMart customers earlier this year said they had yet to receive reimbursements.
While much of the traffic on bridges is legitimate, according to Elliptic, the lack of regulation allows criminal activity to flourish.
The press release also states that Tornado Cash received funds relating to recent thefts from cross-chain bridges, including the Harmony Bridge and the Nomad Bridge.
In other news, another press release published this week announced that Binance, the world's largest cryptocurrency exchange by volume, is working with a major U.S. financial services firm to launch the "Binance Card" in Argentina.
If Bloom fails to comply with the settlement, it faces a $30.9 million fine.
Get those cold storage crypto wallets ready, Ohio lawyers! The Ohio Board of Professional Conduct issued an advisory opinion allowing lawyers to accept and hold cryptocurrency...
Proskauer Rose LLP
As of this writing, the Ethereum "Merge," one of the most anticipated events in blockchain history, is finally expected to occur in September 2022. The "Merge" will shift the Ethereum blockchain...
Foley & Lardner
No longer the stuff of Hollywood hypotheticals, cybersecurity threats are a daily reality and challenge for energy companies building solar, wind, battery and transmission projects communicating...
Morrison & Foerster LLP
Seth Kleinman spoke to The Recorder about fintech lawyers at Silicon Valley's largest firms remaining busy and continuing to believe in the resilience of the tech sector despite a recent cooling in various cryptocurrencies.
On August 1, 2022, the New York State Department of Financial Services ("DFS" or "Department") issued a Consent Order, imposing a $30 million fine on Robinhood Crypto, LLC ("Robinhood")...
Proskauer Rose LLP
In what is the New York Department of Financial Services' (NYDFS) first enforcement action against a NYDFS-licensed "virtual currency business,"...
Cryptocurrency continues to dominate the headlines, from starting the year at a high with major TV ads to questions in recent weeks about the stability of the market.
Arnold & Porter
In a recent series of regulatory statements and a high profile demand letter, federal banking regulators have given clear warnings to the banking and fintech industries...
Foley & Lardner reported about BitMEX that "A high-ranking employee at a cryptocurrency exchange with U.S. operations has pleaded guilty to violating the Bank Secrecy Act [BSA].
Ankura Consulting Group LLC
Relentless crackdowns see ransomware operators seeking alternative financial gains avenues. In this Bank Info Security article, our cybersecurity expert Amit Jaju comments...
Mayer Brown
The recent volatility in the cryptocurrency markets has not tempered the momentum towards developing contractual standards and norms for digital asset derivatives.
Braumiller Law Group, PLLC
As Decentralized Autonomous Organizations (DAOs) have exploded into public consciousness, new types of DAOs are proliferating.
On July 29, the New York Department of Financial Services (NYDFS) released Draft Amendments to its Part 500 Cybersecurity Rules that include a number of significant amendments to the rules...
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