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Deep Dives

Crypto and digital assets: the legal questions they raise. Choose a topic to read the analysis. Privacy, AI and contract topics are in Guides.

Stablecoins

Comply with evolving stablecoin regulations.

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Crypto

Navigate cryptocurrency legal frameworks.

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DAOs

Structure decentralized organizations legally.

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Crypto and digital assets

A monthly series from the crypto and digital assets practice, each piece sourced to primary law and dated.

Custody is the question: why who controls the keys decides the licence

The test that decides most wallet licensing answers.

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United States: federal money-transmission guidance and the state licences

FinCEN's wallet guidance, state licences, the SEC and CFTC.

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United Kingdom: registration today and the regime to come

FCA registration now, authorisation from October 2027.

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