Biden Administration – Debevoise FinReg and FinTech Blog

Digital Assets

Top 10 Fintech Blog Posts of 2022

By: Morgan J. Hayes, 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 and Justice Walters 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

President Biden Signs Executive Order Outlining National Policy for Digital Assets

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

Sanctions

State of Play: Russia, Sanctions and Digital Assets

By: Satish M. Kini, Aseel Rabie, Robert Dura, Chen Xu, Taylor Richards, Jonathan Steinberg and Amy Aixi Zhang March 4, 2022

In response to ongoing Russian military action in Ukraine, U.S. authorities have imposed several tranches of new sanctions against Russia, particularly against Russia’s financial industry, including its major banks and…

CBDC/Stablecoin

Discussion Draft of Stablecoin Bill Released

By: Alison Hashmall, Chen Xu and Taylor Richards February 24, 2022

On February 15, 2022, House Financial Services Committee member Rep. Josh Gottheimer (D-NJ) released a discussion draft of a bill (the “bill”) that would create bank-like regulation for stablecoin issuers.…

Fintech

Biden’s Bank Merger Competition Order: FinTech Disrupts Its Presumptions by Disrupting the Marketplace

By: Satish M. Kini, Gregory J. Lyons, Ted Hassi, Alison Hashmall, Caroline Swett, Chen Xu, Nariné A. Atamian and Clare K. Lascelles July 19, 2021

On July 9, 2021, President Biden issued a sweeping Executive Order (the “Order”)[1] on competition. While the Order is directed to agencies across the federal government and will have wide-ranging…