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Non-Fungible Insights: Blockchain Decrypted

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2 results

May 27, 2025

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6 min read

Not So Special After All: SEC Quietly Discards Special-Purpose Broker-Dealer Framework, Opens Digital Asset Custody to “Regular” Broker-Dealers

On May 15, 2025, the Division of Trading and Markets of the U.S. Securities and Exchange Commission (SEC) released a set of Frequently Asked Questions
(FAQs) addressing the application of SEC Rule 15c3-3 (the Customer Protection Rule) to the custody of crypto assets that are securities by broker-dealers.
...Read more

June 23, 2022

|

5 min read

First Civil Litigation in the U.S. Brought in Response to the Crash of the Stablecoin TerraUSD

On June 13, 2022, a class-action lawsuit was filed in the Northern District of California against Binance U.S. (“Binance”), the United States-headquartered
partner of one of the most prominent global digital asset exchange platforms. The named Plaintiff, who had purchased Terra USD (“UST”) through Binance
since April 13, 2022, alleges, among other things, that Binance misrepresented UST as a “safe” asset to purchasers and violated U.S. federal and...Read more
...Read more

About This Blog

Winston & Strawn’s Non-Fungible Insights: Blockchain Decrypted blog tracks and provides user-friendly explanations of legal and regulatory developments related to blockchain technology including digital assets, NFTs, and smart contracts.

Related Capabilities

  • Private Investment Funds
  • Finance
  • Cryptocurrencies, Digital Assets & Blockchain Technology
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