Biden Administration Faces Last-Ditch Efforts by the Trump Administration to Curb the Digital Assets Industry

The incoming Biden team will need to quickly address significant digital asset issues, including a major enforcement action and a significant proposed FinCEN rule initiated in the final days of the outgoing administration. The SEC recently filed a complaint against Ripple Labs, Inc. and two of its executives alleging that the defendants improperly raised over $1.3 billion through an unregistered, ongoing digital asset securities offering....
By: Pillsbury Winthrop Shaw Pittman LLP

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