Byungkwon Lim – Debevoise FinReg and FinTech Blog

Digital Assets

Top 10 Fintech Blog Posts of 2022

By: Satish M. Kini, Sidney P. Levinson, Byungkwon Lim, Jeffrey L. Robins, Caroline Swett, Erica S. Weisgerber, Carter Burwell, Robert Dura, Alison Hashmall, Gary E. Murphy, Aseel Rabie, Stephan J. Schlegelmilch, Elie J. Worenklein, Chen Xu, Michael C. Godbe, Alicia Guo, Ezra Newman, Taylor Richards, Jonathan Steinberg, Justice Walters and Morgan J. Hayes December 22, 2022

As we approach the end of the year, here are the Top 10 posts on the Debevoise Fintech Blog in 2022. If you are not already a Blog subscriber, click…

Digital Assets

Bill Breakdown: Important Provisions in the Lummis-Gillibrand Crypto Bill

By: Byungkwon Lim, Gary E. Murphy and Amy Aixi Zhang June 21, 2022

Introduction On June 7, U.S. Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) (together, the “Senators”) introduced the Responsible Financial Innovation Act, a bipartisan bill that seeks to create a…

Anti-Money Laundering

Will DOJ’s First Ever Digital Asset Insider Trading Case Stick?

By: Byungkwon Lim, Stephan J. Schlegelmilch, Alicia Guo and Ezra Newman June 21, 2022

On June 1, the United States Attorney for the Southern District of New York (“SDNY”) and the New York Field Office of the Federal Bureau of Investigation (“FBI”) unsealed an…

CBDC/Stablecoin

Luna, UST and the Future of Stablecoin

By: Byungkwon Lim and Amy Aixi Zhang May 16, 2022

The cryptocurrency industry last week experienced a turbulence long predicted by industry observers. The third largest stablecoin, TerraUSD (“UST”), lost its one-to-one peg to the U.S. dollar about 10 days…

Digital Assets

Legislators Introduce Bill on Digital Commodity Exchanges subject to CFTC Oversight

By: Byungkwon Lim and Gary E. Murphy May 3, 2022

On April 28, 2022, a bipartisan group of legislators in the House of Representatives re-introduced and updated a bill regarding proposed regulatory oversight by the CFTC of crypto exchanges on…

Digital Assets

President Biden Signs Executive Order Outlining National Policy for Digital Assets

By: Byungkwon Lim, Carter Burwell, Alison Hashmall, Gary E. Murphy, Aseel Rabie, Ezra Newman, Taylor Richards, Lily D. Vo and Morgan J. Hayes March 10, 2022

Yesterday, President Biden signed an Executive Order (the “Order”) outlining, as described in the accompanying Fact Sheet, a “whole-of-government approach” to harness the benefits, and address the potential risks, of…

Fintech

Webcast – Non-Fungible Tokens: An Introduction to NFTs, NFT Marketplaces and Related Issues

By: Byungkwon Lim, Gary E. Murphy and Anna V. Maximenko March 1, 2022

Non-Fungible Tokens (NFTs) have exploded in popularity and caught the public’s attention in the last year or two. But what is the hype all about, and what risks do participants…