JMW Solicitors LLP’s Post

All of them are financial #scam From my #conservative point view: I have #no #trust on #crypto except their philosophy of #decentralisation and #digitalisation https://lnkd.in/gkSXwWa4

SEC Investigates Crypto Backers for Violating Investor Protection Laws in Digital Token Offering #B.Riley #cryptobackers #cryptocurrencyindustry #digitaltokenoffering #initialpublicofferings #investorprotection #Nomura #Regulations #SECinvestigation #securitieslawviolation #unregisteredsecurities

Looking forward to presenting this CLE with my Jenner & Block colleagues Laurel Loomis Rimon and Kayvan Sadeghi this coming Friday. It’s been an exciting time for the #crypto industry, especially when it comes to litigation and regulation. Judicial skepticism of administrative agencies (especially from the current Supreme Court) can have a real impact on lower court cases involving fintechs and the crypto industry. #cle #scotus #appellatelinkedin #fintech

SEC Investigates Crypto Backers for Violating Investor Protection Laws in Digital Token Offering #B.Riley #cryptobackers #cryptocurrencyindustry #digitaltokenoffering #initialpublicofferings #investorprotection #Nomura #Regulations #SECinvestigation #securitieslawviolation #unregisteredsecurities

SEC Investigates Crypto Backers for Violating Investor Protection Laws in Digital Token Offering #B.Riley #cryptobackers #cryptocurrencyindustry #digitaltokenoffering #initialpublicofferings #investorprotection #Nomura #Regulations #SECinvestigation #securitieslawviolation #unregisteredsecurities

🌍 The deep dive into the Global Regulatory Market Structure for Crypto was enlightening. Great to hear from experts at Binance, FalconX, #Cahill, and DLx Law about the key challenges and future changes needed. 🏛️🔍 #CryptoRegulation #GlobalMarket #Consensus2024

Very kind of Bilal Jafar to ask me for comment on the below article. As a lawyer advising on the varied (and novel) aspects of regulatory law and licensing that arise in relation to #crypto, I often get asked career related questions. My answer to aspiring financial services regulatory lawyers (and not only) is that crypto is a niche, dynamic, technical area of law. The skills one develops are not only sought after but also transferable and highly remunerative. This holds especially true at a time when the industry is about to face increasing regulatory scrutiny in the EU and around the world.

Under the current SEC administration, the approach to #crypto regulation has shifted towards regulation-by-enforcement rather than creating clear rules. The agency has increasingly used the courts to address policy issues, often targeting intermediaries and individuals with fewer resources to challenge these actions. While enforcement is a critical part of the SEC’s role, relying heavily on legal battles without providing a clear regulatory framework has created uncertainty in the crypto industry. This has raised concerns about the potential chilling effect on innovation in the U.S. What the industry needs is balanced oversight, with clear, practical guidelines to foster innovation while maintaining investor protection. Thoughts?

SEC Likely to Classify ETH Under Investor Protection Law, Says Consensys Legal Advisor According to Odaily, Bill Hughes, the Senior Legal Advisor and Global Director of Regulatory Affairs at Consensys, has stated in an interview that the U.S. Securities and Exchange Commission (SEC) is likely to classify Ethereum (ETH) under the Investor Protection Law. In October 2023, the SEC permitted futures exchange-traded funds (ETFs) based on Ethereum to be traded on securities exchange platforms. This indicated that the asset underlying the futures contract was not a security. However, certain developments since then seem to have led the SEC to reconsider its stance. Hughes' comments suggest a potential shift in the regulatory landscape for Ethereum, one of the leading cryptocurrencies. The implications of such a change could be significant for the broader crypto market. #SEC #ETF #DeFi #Metaverse #crypto #compliance #news #virtualcurrency #law #USA #India #Tokenization Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.

SEC leveraging “lack of regulatory clarity” in crypto crackdown ➡️ Read All : https://lnkd.in/ehnD3-DD The U.S. SEC has continued its crypto crackdown this year, but the agency’s current leverage may also be its biggest weakness in months to come.... [...] #SECCryptoCrackdown #EthereumRegulation #CryptoLegislation #DigitalAssets #CryptoCourtCases #Crypto #Legal #NBTC