MoFo Tech

March 01, 2023 - Fintech
ISDA Digital Asset Derivatives Update
By: Polly Ehrman, Vladimir Maly, Sam Riley, David H. Kaufman, Clara Wong, Hager Osman, Giacomo Bertolissi and Struan Clark
On 26 January 2023, the International Swaps and Derivatives Association, Inc. ( ISDA ) published new standard documentation for the trading of digital asset derivatives (the Digital Asset Definitions ), and a whitepaper titled Navigating Bankruptcy in Digital Asset Markets: Netting and Collateral Enforceability (the
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February 22, 2023 - Financings, Fintech
Cryptoasset Firms Marketing to UK Consumers Warned to Begin Preparing for Financial Promotions Regime Now
By: Sam Riley, Chloe Kearns and Hager Osman
The UK Financial Conduct Authority ( FCA ) has warned cryptoasset firms marketing to UK consumers (including from overseas) to start preparing now to comply with the UK financial promotions regime, which is soon to be expanded to cover most unregulated cryptoassets. HM Treasury
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August 17, 2020 - Blockchain, Financings, Fintech
Bitcoin Is “Money” for Purposes of D.C. Money Transmission Law, Says Federal Court
A recent federal district court ruling in a criminal anti-money laundering case suggests that the transmission of virtual currency on behalf of another person requires a state money transmission license — even if the state’s money transmission law does not expressly address the regulation
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July 07, 2020 - Blockchain, Fintech
Summer of Crypto – NYDFS Announces New Initiatives and Regulatory Proposals for Conditional BitLicense and Virtual Currency Regulation
On June 24, 2020, the New York State Department of Financial Services (“NYDFS”) announced a series of initiatives designed to provide further guidance and resources for businesses operating in, and potential new entrants into, the virtual currency industry. The initiatives represent the first major
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March 27, 2020 - Blockchain, Fintech
CFTC Issues Final "Actual Delivery" Interpretation for Virtual Currencies
On March 24, 2020, the Commodity Futures Trading Commission (“CFTC”) issued its final interpretive guidance (the “Interpretation”) concerning the meaning of “actual delivery” in the context of retail commodity transactions involving “virtual currencies.” The Interpretation provides that, in the CFTC’s view, actual delivery of
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March 17, 2020 - Artificial Intelligence + Robotics, Blockchain, Fintech
Compliance for a Digital World: BSA/AML
By: Marc-Alain Galeazzi and Vivian L. Hanson
The New ABC's: Artificial Intelligence, Blockchain and How Each Complements the Other BSA/AML compliance programs in the United States are often associated with high costs and inefficiencies. At the core of the problem is the lack of standardization across institutions and BSA/AML compliance processes
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March 12, 2020 - Artificial Intelligence + Robotics, Blockchain, Fintech
The New ABC’s: Artificial Intelligence, Blockchain and How Each Complements the Other
By: Vivian L. Hanson
Artificial intelligence (AI) and blockchain technology are two novel innovations that offer the opportunity for us to move beyond our legacy systems and streamline enterprise management and compliance in ways previously unimaginable. Each technology augments the strengths and tempers the weaknesses of the other.
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January 07, 2020 - Blockchain, Fintech
Maryland a Leader in Embracing Blockchain Technology
In an article authored for Today’s General Counsel , partner Tracy Bacigalupo discusses how new legislation in Maryland, Senate Bill 136, provides Maryland-formed companies with the statutory framework necessary to migrate their businesses to a blockchain-enabled platform. The legislation reinforces Maryland as a ‘go
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August 07, 2019 - Blockchain, Fintech
Understanding Blockchain - What is Cryptography?
In the third episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss one of blockchain’s foundational technologies – cryptography. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to
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July 23, 2019 - Tech Talks, European Union, Financings, Fintech
Financial Services Technology Outsourcing: The UK Regulators Flex Their Muscles
By: Alistair Maughan and Sana Ashcroft
It’s all very well to issue regulatory guidance – but it’s what you do to enforce it that really counts. The UK financial services regulatory agencies have imposed fines exceeding $2 million on a UK bank that did not implement enough oversight on an
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Topic Archives: Fintech

ISDA Digital Asset Derivatives Update

By: Polly Ehrman, Vladimir Maly, Sam Riley, David H. Kaufman, Clara Wong, Hager Osman, Giacomo Bertolissi and Struan Clark

Cryptoasset Firms Marketing to UK Consumers Warned to Begin Preparing for Financial Promotions Regime Now

By: Sam Riley, Chloe Kearns and Hager Osman

Bitcoin Is “Money” for Purposes of D.C. Money Transmission Law, Says Federal Court

Summer of Crypto – NYDFS Announces New Initiatives and Regulatory Proposals for Conditional BitLicense and Virtual Currency Regulation

CFTC Issues Final "Actual Delivery" Interpretation for Virtual Currencies

Compliance for a Digital World: BSA/AML

By: Marc-Alain Galeazzi and Vivian L. Hanson

The New ABC’s: Artificial Intelligence, Blockchain and How Each Complements the Other

By: Vivian L. Hanson

Maryland a Leader in Embracing Blockchain Technology

Understanding Blockchain - What is Cryptography?

Financial Services Technology Outsourcing: The UK Regulators Flex Their Muscles

By: Alistair Maughan and Sana Ashcroft