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ARTICLE · 07 JUNE 2018

US Regulation Of Cryptocurrency As A Type Of Financial Technology

WilmerHale
WilmerHale
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WilmerHale

WilmerHale

WilmerHale's London office was established more than 40 years ago. With lawyers qualified in the...

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Franca Harris Gutierrez, Sharon Cohen Levin, Bradford Hardin, Jennifer Jacoby Altscher, Zachary Goldman and Nicholas Simons have authored a global-wide chapter in of The International Comparative Legal Guide to Fintech 2018.

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Franca Harris Gutierrez, Sharon Cohen Levin, Bradford Hardin, Jennifer Jacoby Altscher, Zachary Goldman and Nicholas Simons have authored a global-wide chapter in of The International Comparative Legal Guide to Fintech 2018. Published by Global Legal Group Ltd (GLG), this is the second edition of GLG's Fintech series which provides practical cross-border insight into Fintech around the globe.

In this article entitled "US Regulation of Cryptocurrency as a Type of Financial Technology," the WilmerHale Fintech lawyers explain how government agencies have adapted existing regulatory frameworks to cryptocurrency. After briefly describing how regulators have approached issues of consumer and investor protection, the bulk of the article focuses on the application of anti-money laundering ("AML") and US economic sanctions laws and regulations to cryptocurrency. In addressing new cryptocurrency technology and products, government agencies have not advocated for new laws or

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