Carol E. Derk

Dec 5, 2024 | mondaq.com | Carol E. Derk |Julie Mansi

In a milestone Canadian achievement, Circle Internet Financial, LLC (Circle Internet) is the first issuer of a value-referenced crypto asset (VRCA, also known as a "stablecoin") to file an undertaking with the Canadian Securities Administrators (CSA) in respect of USDC, its U.S. dollar-referenced VRCA. BLG is proud to have partnered with Circle Internet on this project. USDC is a VRCA that references, on a one-for-one basis, the value of the United States dollar.

Nov 8, 2023 | blg.com | Carol E. Derk |Jessica Evans |Melissa Ghislanzoni

As the industry digests the long anticipated final Multilateral Instrument 93-101 Derivatives: Business Conduct (the Rule), many of our clients are wondering “what does this mean for my business?”. This article will help you think about whether the Rule applies to your business and, if it does apply, what your firm needs to do and when. Which OTC derivatives are caught under the new regime?