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  • Article

    2024: The Year Of The Spot Bitcoin ETP

    The US Securities and Exchange Commission is making 2024 a significant year for exchange-traded products by declaring effective the registration statements of ten Bitcoin ETPs, ...
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    California Proposes Cybersecurity Requirements For Businesses

    In recognition of Cybersecurity Awareness Month in the US, we will be bringing awareness to relevant 2023 cybersecurity updates each week.
    United StatesTechnology
    K&L Gates
    K&L Gates
Article

Cryptocurrency Industry Can Shape California's New Licensing Regime

On 2 October 2024, the California Department of Financial Protection and Innovation (DFPI), issued draft proposed rules to implement the state's new cryptocurrency licensing regime, the Digital Financial Assets Law (DFAL).
United StatesTechnology
K&L Gates
K&L Gates
  • Article

    Decree No. 2024-388 And Its Implications For Intermediation Platforms

    Digital intermediation service platforms within the sectors of chauffeur-driven transportation and goods delivery have new responsibilities since the enactment of Decree no. 2024-388 on 25 April 2024.
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    First SEC Enforcement Action Arising Out Of The New Marketing Rule Targets Fintech Investment Advisor Titan Global Management

    Effective in 2022, the SEC adopted a new Marketing Rule for investment advisers to modernize the regulation of investment adviser advertising and solicitation practices.
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    Massachusetts Revamps Its Money Transmission Law

    On 2 January 2025, Massachusetts went from being one of the least regulated states for money transmission to becoming one of the more highly regulated states. Formerly, only entities engaging in foreign money...
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    The White House Working Group On Digital Asset Markets Report: What It Means For The Derivatives Industry

    The "Strengthening American Leadership in Digital Financial Technology" Report, published in July 2025 by the President's Working Group on Digital Asset Markets (the PWG), includes comprehensive recommendations for immediate action by the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC).
    United StatesTechnology
    K&L Gates
    K&L Gates
  • Article

    Staff Cedes Jurisdiction Over Certain Stablecoins

    On 4 April 2025, the SEC's Division of Corporation Finance (Division) issued a statement (Statement) providing that the offer and sale of certain "Covered Stablecoins" do not involve the offer and sale of securities within the meaning of federal securities laws
    United StatesWealth Management
    K&L Gates
    K&L Gates
  • Article

    APRA Proposes Reforms To Strengthen Governance Standards

    The Australian Prudential Regulation Authority (APRA) has proposed reforms to strengthen core prudential standards and guidance on governance...
    AustraliaCorporate/Commercial Law
    K&L Gates
    K&L Gates
  • Article

    ASIC Chair Addresses "Greenhushing" Amongst ESG Focus Areas

    The Chair of the Australian Securities and Investments Commission (ASIC), Joe Longo, commented on three key ESG focus areas of the regulator in recent speeches.
    AustraliaCorporate/Commercial Law
    K&L Gates
    K&L Gates
  • Article

    Mandatory Climate Disclosures Framework Takes Shape With Release Of New Consultation Paper And ISSB Standards

    On 27 June 2023, the Australian Treasury released a further consultation paper (consultation period open until 21 July 2023) on the introduction of a mandatory climate disclosure...
    AustraliaGovernment, Public Sector
    K&L Gates
    K&L Gates
  • Article

    Capture The Flag, Capture The Company Data

    Mere days after an AI firm’s model hacked into Hugging Face, a separate AI company has now revealed that three of its models have hacked into three external companies during testing.
    AustraliaTechnology
    K&L Gates
    K&L Gates
  • Article

    European Commission Delays "Non-Essential" Level 2 Measures Concerning AIFMD II And The UCITS Review

    In a letter dated 1 October 2025, the European Commission has announced that it will not adopt any non-essential Level 2 acts in respect of AIFMD II or the UCITS review, before 1 October 2027 at the earliest.
    European UnionFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Publication Of Irish Funds Sector 2030 Report

    Following a review of the Irish funds industry and wide engagement with industry participants, discussed in our earlier blog here, the Department of Finance has issued its Final Report on the Funds Sector 2030.
    European UnionFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    Implications Of New "Secondary Tariff" Executive Order Targeting Importers Of Venezuelan Oil

    On 24 March 2025, the White House issued an Executive Order threatening to impose a 25% tariff on all goods imported into the United States from any country that imports Venezuelan...
    GlobalInternational Law
    K&L Gates
    K&L Gates
  • Article

    UK Supreme Court Judgment Finds Directors May Not Be Liable For IP Infringement Without Knowledge Of Essential Facts

    Earlier this month in Lifestyle Equities CV and another v Ahmed and another the Supreme Court of the United Kingdom held that the company directors of Hornby Street Limited, siblings Kashif and Bushra Ahmed...
    United KingdomCorporate/Commercial Law
    K&L Gates
    K&L Gates
  • Article

    SEC Compliance Outreach On Regulation S-P For Large Firms

    On 25 September 2025, staff from the US Securities and Exchange Commission's (SEC) Divisions of Examinations, Investment Management, and Trading and Markets hosted a webinar...
    United StatesCorporate/Commercial Law
    K&L Gates
    K&L Gates
  • Article

    New Sheriff, New Stats: Reading Between The Lines Of The SEC’s Enforcement Report

    On 7 April 2026, the SEC announced its fiscal year 2025 enforcement results, speaking not only to key actions from the past year but also to its vision for enforcement going forward.
    United StatesCriminal Law
    K&L Gates
    K&L Gates
  • Article

    SEC Provides Welcome Clarity Regarding Meme Coins

    In welcome news, the US Securities and Exchange Commission (SEC) Division of Corporation Finance (Division) yesterday announced "[a]s part of an effort to provide greater clarity" that meme coins.
    United StatesFinance and Banking
    K&L Gates
    K&L Gates
  • Article

    USPTO Director Squires Signals Future Update To AI Patent Eligibility Guidance At 2025 AIPLA Annual Meeting

    At the 2025 American Intellectual Property Law Associate (AIPLA) Annual Meeting, John Squires, Director of the United State Patent and Trademark Office (USPTO), delivered a keynote speech that may prove pivotal...
    United StatesIntellectual Property
    K&L Gates
    K&L Gates
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