Tag Archives: cryptocurrency

JONES DAY TALKS®: We Got This: CFTC Chair Pursues Authority Over Digital Assets

March 2, 2022Financial Markets, TechnologyBenham, CFTC, cryptocurrency, DOJ, regulation, SECjonesdaytalks

As discussions and debates unfold over digital currency regulations, Commodity Future Trading Commission chairman Rostin Benham told a U.S. Senate committee that “speculative fervor” surrounding cryptocurrencies has potentially left investors in need of protections, and made the case for his commission to be charged with overseeing activities in this burgeoning market.

Jones Day’s Josh Sterling and David Aron discuss the gradual move toward federal oversight of cryptocurrencies, the questions clients ask, and what crypto market participants need to know now.

Read the full transcript on the Jones Day website.

Podcast: Play in new window | Download

Subscribe: RSS

Takeaways from a Landmark Cryptocurrency Antitrust Case (Encore Presentation)

December 23, 2021Antitrust, TechnologyAntitrust, Bitmain, cryptocurrency, hard fork, United Americanjonesdaytalks

A JONES DAY TALKS® Encore Presentation.
From June 2021.

The surging interest in cryptocurrency continues to raise new legal challenges for market participants and interested parties. This is largely uncharted territory, so there’s comparatively little case law. However, a recent federal court’s decision in United American v. Bitmain provided some insight as to how courts would apply antitrust laws to cryptocurrency.

Jones Day partners Craig Waldman, Mark Rasmussen, and Chris Pace talk about the key takeaways from the court’s decision and discuss the other potential types of crypto asset antitrust claims we might see in the months and years ahead.

Podcast: Play in new window | Download

Subscribe: RSS

Crypto and DeFi Platforms: Aggressive SEC Enforcement on the Way?

August 31, 2021Financial Markets, FintechAspen Security Forum, bitcoin, crypto, cryptocurrency, DeFi, Gary Gensler, SECjonesdaytalks

SEC Chairman Gary Gensler has left little doubt that his commission will closely monitor activity in the cryptoasset markets and the actions of decentralized finance, or DeFi platforms, as investor interest continues to grow. In prepared remarks delivered at an early August event, the chairman said, “We just don’t have enough investor protection in crypto … we have taken and will continue to take our authorities as far as they go.”

Jones Day’s Josh Sterling, Brian Rabbitt, and Mark Rasmussen talk about what the heightened scrutiny means for crypto market participants, and discuss what additional regulatory and enforcement actions could be coming.