Partner Kathryn Trkla was quoted in the ABA Journal article, “New ABA Report Surveys Cryptocurrency Regulations,” about a new ABA Business Law Section white paper which she co-authored on the regulation of cryptocurrency and other digital assets.
Trkla chairs the Innovative Digitized Products and Processes Subcommittee of the Business Law Section’s Derivatives and Futures law Committee, which published the 335-page whitepaper, “Digital and Digitized Assets: Federal and State Jurisdictional Issues.” The white paper provides definitions relevant to digital currency, domestic regulatory issues, and what international bodies and other countries are doing when confronted by the new technology.
Trkla noted that digital assets can take the form of a security investment, while over time, the same asset begins to look more like a derivative, making enforcement hard. This has led to the Securities and Exchange Commission and the Commodity Futures Trading Commission to wind up with overlapping enforcement and some inconsistencies on this subject.
Trkla hopes that the white paper may also be useful helping lawyers understand the basic issues surrounding cryptocurrency and other digital assets.
For Additional coverage, see:
Crowdfund Insider
Trkla chairs the Innovative Digitized Products and Processes Subcommittee of the Business Law Section’s Derivatives and Futures law Committee, which published the 335-page whitepaper, “Digital and Digitized Assets: Federal and State Jurisdictional Issues.” The white paper provides definitions relevant to digital currency, domestic regulatory issues, and what international bodies and other countries are doing when confronted by the new technology.
Trkla noted that digital assets can take the form of a security investment, while over time, the same asset begins to look more like a derivative, making enforcement hard. This has led to the Securities and Exchange Commission and the Commodity Futures Trading Commission to wind up with overlapping enforcement and some inconsistencies on this subject.
Trkla hopes that the white paper may also be useful helping lawyers understand the basic issues surrounding cryptocurrency and other digital assets.
For Additional coverage, see:
Crowdfund Insider
People
Related News
July 24, 2025
In the News
Foley's Trial Team Featured Following Landmark Victory in Texas Trade Secret Case
Foley & Lardner LLP’s recent landmark appellate victory in a Texas trade secrets case is featured in the Texas Lawyer article, "Ruling Sets Precedent for Employment, Trade Secrets, Fiduciary Duty."
July 24, 2025
In the News
Gregory Husisian and David Simon on Tariff Evasion – 'Huge money at stake'
Foley & Lardner LLP partners Gregory Husisian and David Simon detailed the rise and risks of tariff evasion in the POLITICO article, "As Trump raises tariffs, companies find ways to cheat — and risk getting caught."
July 23, 2025
In the News
Aaron Maguregui on AI Scribes in Health Care – 'Technically, it's a third party listening'
Foley & Lardner LLP partner Aaron Maguregui shared insights on the growing applications for artificial intelligence across health care in the healthleaders article, “Is Your AI Scribe HIPAA-Compliant?“