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
06 February 2025
In the News
Vanessa Miller Assesses Panama Canal Discourse
Foley & Lardner LLP partner Vanessa Miller commented in SupplyChainBrain article, "The Fight for Control of the Panama Canal," lending important context to the recent headlines over the important waterway.
06 February 2025
In the News
Gregory Husisian Weighs in on Suspension of De Minimis Trade Exemption
Foley & Lardner LLP partner Gregory Husisian offered context on President Trump's recent trade actions on China in The Wall Street Journal article, "Why Trump Is Closing a Trade Exemption for China."
04 February 2025
In the News
Andrew Wronski on Tariff Fluidity – 'Keep on top of the issues'
Foley & Lardner LLP partner Andrew Wronski assessed the evolving shift in U.S. trade policy in the Milwaukee Business Journal article, "Trump tariffs won't disappear — so how should Wisconsin businesses prepare?"