The Crowell Crypto Digest is designed to educate readers on legal (and non-legal) issues relating to investing and trading digital assets. Today, digital assets—including virtual currencies, central bank digital currencies, security tokens/digital securities, crypto-commodities, and other tokens—are expanding into every sector and industry, creating opportunities for entrepreneurs and organizations around the world. As their use grows, digital asset businesses are encountering challenges with federal and state laws that were established before such assets existed. The Crowell Crypto Digest is vital reading for businesses in the digital asset ecosystem that must address such decisions as registration with the Financial Crimes Enforcement Network (FinCEN), the Securities and Exchange Commission (SEC) or the Commodities and Futures Trading Commission (CFTC). They must also understand the tax implications of their business activities and their reporting responsibilities to the Internal Revenue Service (IRS). These digital asset businesses include exchanges that convert fiat currency for virtual currency, Bitcoin ATM providers, custodians, or wallet providers and those that tokenize equity, debt, or assets such as real estate, or use purchasable tokens as a means of conducting other operations. We also offer experience on potential risks and relevant regulations, policy, and guidance as well as on the implementation of reasonable, efficient strategies specific to your business.
Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia that represents clients in litigation and arbitration, regulatory and policy, and transactional and corporate matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation and government-facing matters, as well as its ongoing commitment to pro bono service and diversity, equity, and inclusion.