Crypto Brief

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.

FDIC Chairman Addresses Congress on the Topic of Digital Assets

On Dec. 2, the Acting Chairman of the Federal Deposit Insurance Company (FDIC), Travis Hill, gave a statement before the House Committee on Financial Services. On the topic of digital assets, Hill mentioned that "the FDIC has taken a more open-minded approach with respect to banks that offer products and services related to digital assets, while maintaining our