Inside FinTech

Blockchain law: Will England accept that digital assets are 'property'?

Blockchain law: Will England accept that digital assets are 'property'?

To American lawyers it has been fairly obvious that digital assets are “property” for legal purposes, but the English have not been so sure.

Global | Articles | December 12, 2024

Distributed ledger technologies / blockchain and smart contracts
ESAs statement on DORA application

ESAs statement on DORA application

On 4 December 2024, the European Supervisory Authorities (ESAs) issued a statement on the application of the Digital Operational Resilience Act (DORA).

Global | Articles | December 12, 2024

Digital operational resilience in financial services (DORA)
Published in OJ: DORA Implementing Regulation on standard templates for the register of information

Published in OJ: DORA Implementing Regulation on standard templates for the register of information

On 2 December 2024, there was published in the Official Journal of the EU Commission Implementing Regulation (EU) 2024/2956 of 29 November 2024 laying down implementing technical standards for the application of the Regulation on digital operational resilience for the financial sector (DORA) with regard to standard templates for the register of information. The Implementing Regulation enters into force on the twentieth day following that of its publication in the Official Journal of the European Union (22 December 2024).

Global | Articles | December 12, 2024

Digital operational resilience in financial services (DORA)
NYDFS settles with insurance companies over failures in their cybersecurity programs

NYDFS settles with insurance companies over failures in their cybersecurity programs

On November 25, 2024, the New York State Department of Financial Services (“NYDFS”) announced it settled with two large insurance companies over allegations of inadequate data security practices in violation of New York’s cybersecurity regulation (23 NYCRR Part 500) (the “Cybersecurity Regulation”) that led to the compromise of more than 120,000 New Yorkers’ personal information.

United States | Articles | December 12, 2024

Data and cybersecurity
Podcast: Unlocking the potential of Web3 and Blockchain with Paul Hsu

Podcast: Unlocking the potential of Web3 and Blockchain with Paul Hsu

Sean Murphy is joined by Paul Hsu, CEO of Decasonic to explore Paul’s insights into the rapidly evolving tech landscape, the transformative potential of blockchain technology, and the innovations driving the next phase of Web3.

Global | Articles | December 11, 2024

Distributed ledger technologies / blockchain and smart contracts
Podcast: Spotlight on the evolving UK crypto regulatory landscape

Podcast: Spotlight on the evolving UK crypto regulatory landscape

Sean Murphy and Hannah Meakin unpack the evolving UK crypto regulatory landscape and what the new government’s plans are going to mean for the industry.

Global | Articles | December 11, 2024

Cryptoassets / cryptocurrencies / stablecoins and CBDCs
Hong Kong debuts Stablecoins Bill

Hong Kong debuts Stablecoins Bill

As 2024 draws to a close, Hong Kong has delivered on its promise by unveiling its draft Stablecoins Bill, a comprehensive framework for regulating fiat-referenced stablecoin issuers in Hong Kong.

Global | Articles | December 09, 2024

Blog post
A long time coming: Australia’s first Cyber Security Bill 2024

A long time coming: Australia’s first Cyber Security Bill 2024

On 9 October 2024 (appropriately, nine days into Cyber Month), the government introduced its long awaited, first ever draft cyber security legislation, in the form of the Cyber Security Bill 2024 (the Bill) to Parliament.

Australia | Articles | December 03, 2024

Data and cybersecurity
Clarification on specific performance and damages assessment in cryptocurrency loan dispute

Clarification on specific performance and damages assessment in cryptocurrency loan dispute

In Southgate v Graham [2024] EWHC 1692 (Ch), the High Court considered an appeal concerning a loan agreement involving cryptocurrency.

Global | Articles | December 02, 2024

Cryptoassets / cryptocurrencies / stablecoins and CBDCs