Digital Assets Blockchain Technology and Cryptocurrencies

Compensating Victims of Deep Fake Fraud: Global Responses

Jun 02 2026

By: Judith Rinearson, Daniel Knight, Lucas Nicolet-Serra, and Kai Zhang

Our firm has a pro bono client who lost thousands of dollars trusting someone she met online. Over two years, the fraudster convinced her to move her funds to a US “bank” that would help her pay for her daughter’s expensive hospital stays. The sophistication of this ongoing fraud was incredible. When we researched the transactions on the blockchain, however, we discovered that her funds had been moved to an Eastern European digital wallet holding more than a billion dollars.

California Announces Acceptance of Digital Asset License Applications Starting 9 March 2026

Mar 10 2026

By: Jeremy McLaughlin and Joshua Durham

The California Department of Financial Protection and Innovation (DFPI) recently issued an important industry reminder regarding implementation of the California Digital Financial Assets Law (DFAL). The DFPI noted that it will begin accepting applications today, 9 March 2026, through the Nationwide Multistate Licensing System (NMLS).

Australia: INFO 225 is finally here!

Nov 20 2025

By Daniel Knight, Ben Kneebush and Madison Jeffreys

The Australian Securities and Investments Commission (ASIC) published its long-awaited updates to Information Sheet (INFO 225). This represents the result of ASIC’s consultation process on the existing document (which we have discussed here).

United States: The Continuing Shift to Modern Money Transmission Laws

May 05 2025

By: Judith Rinearson, Jeremy McLaughlin, Jennifer Crowder, and Joshua Durham

Within the past two months, three states have adopted the Money Transmission Modernization Act (MTMA). The governors of Virginia, Mississippi, and most recently Colorado, signed bills that implement the MTMA, and two other states are currently considering similar bills (Alaska and Nebraska).

AI and Your Obligations as Licensee

Nov 22 2024

By: Daniel Knight, Ben Kneebush and Madison Jeffreys

As Artificial intelligence (AI) continues to be adopted and used by Australian Financial Services (AFS) licensees broadly, there is a risk that the deployment of AI might cause licensees to fall short of their existing regulatory obligations and emerging best practices.

Tag:Digital Assets Blockchain Technology and Cryptocurrencies