Jacob Botros

Oct 21, 2024 | mondaq.com | Michael Blankenship |Jacob Botros

A group of United States senators, including the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs (the Senate Banking Committee), has introduced the Empowering Main Street in America Act of 2024.

Jul 28, 2024 | mondaq.com | Jacob Botros |Kimberly Prior

On July 17, 2024, the Financial Services and Treasury Bureau (FSTB) and Hong Kong Monetary Authority (HKMA) jointly issued a legislative proposal on stablecoin regulation in response to a two-month public consultation period with industry stakeholders.

Jul 24, 2024 | mondaq.com | Jacob Botros |Matthew Regens |David A. Sakowitz

On July 15, 2024, Nasdaq formally submitted a proposed rule change to the Securities and Exchange Commission (SEC) relating to the suspension and delisting of special purpose acquisition companies (SPACs). If the revised rules are approved by the SEC, they are scheduled to become effective on October 7, 2024.

Mar 5, 2024 | mondaq.com | Michael Blankenship |Jacob Botros

On February 16, 2024, the Cabinet of Japan approved a bill to amend, among three other laws, the Limited Partnership Act for Investment (the Act). The proposed amendment provides for crypto assets to be added to the list of assets that investment limited partnerships (LPs) can acquire or hold. Similar to the United States, LPs are the most common vehicle for investing in startups and mid-sized companies in Japan.

Jul 13, 2023 | mondaq.com | Paul Amiss |Michael Blankenship |Jacob Botros

On July 4, 2023, the United Kingdom's Financial Conduct Authority (FCA) issued a letter regarding crypto-asset financial promotion rules effective as of October 8, 2023.