Delaware lawmakers and industry attorneys say a pair of proposed bills updating the state's banking laws and creating a regulatory framework for payment stablecoins are aimed at ensuring the state remains a leader as financial services evolve, just as it did decades ago with credit card banking and corporate law.
Delaware lawmakers and industry attorneys say a pair of proposed bills updating the state's banking laws and creating a regulatory framework for payment stablecoins are aimed at ensuring the state remains a leader as financial services evolve, just as it did decades ago with credit card banking and corporate law.
Investors in the "Let's Go Brandon" meme token urged a Florida federal judge Monday to issue "case-terminating sanctions" against the man behind the coin, saying he and his counsel have lied in discovery, disobeyed court orders and submitted fake legal citations in at least eight filings.
The former leader of the nation's derivatives regulator dubbed "Crypto Dad" says he's leaving his law practice at Willkie Farr & Gallagher LLP to focus on advising fintechs and crypto firms, researching public policy issues and working with nonprofit programs.
The Senate Banking Committee will meet next week to vet Kevin Warsh as President Donald Trump's nominee as the next leader of the Federal Reserve, moving forward with his confirmation process despite bipartisan protests over a still-pending probe of current Fed Chair Jerome Powell.
JPMorgan Chase is pressing its bid to move a whittled version of President Donald Trump's $5 billion debanking lawsuit to New York federal court, arguing the president can't use a "makeweight claim" against its CEO, Jamie Dimon, to anchor the case in Florida state court.
A Virginia consumer is accusing Experian of violating the Fair Credit Reporting Act by blindly listing inflated loan balances from the now-bankrupt Pink Energy solar panel scheme on consumers' reports, claiming in a new class action that the reporting agency ignored warnings from state regulators and continued showing overstated debts.
A California state judge’s tentative ruling, walking through business evidence that Utah bank FinWise was not a “rent-a-bank” that fintech firm Opportunity Financial used as a front to dodge interest rate caps on in-state lenders, offers a helpful road map for structuring legally compliant bank-fintech partnerships under California law, say attorneys at Manatt.
It is a myth that insider trading law does not apply in prediction markets, as the U.S. Commodity Futures Trading Commission's recent enforcement actions illustrate that it has full authority to pursue such cases federally — and intends to, says attorney Gregg Goldfarb.
Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, said on Tuesday that if U.S. Supreme Court Justice Samuel Alito were to retire then he would recommend the president nominate either Sen. Ted Cruz, R-Texas, or Sen. Mike Lee, R-Utah.
The Fourth Circuit affirmed Tuesday a former hospital transplant coordinator's conviction for illegally accessing U.S. Supreme Court Justice Ruth Bader Ginsburg's healthcare records, upholding a ruling that the defendant was not improperly coerced when he told FBI agents a coworker or his cat may have been responsible.
Federal judiciary advisers agreed Tuesday to develop transparency obligations for litigation funders despite "vehement" views in the defense and plaintiffs bars, while also advancing controversial subpoena rules involving remote testimony and process servers.
IBM's agreement to pay the Trump administration $17 million to resolve allegations it violated the False Claims Act with policies aimed at increasing the diversity of its workforce continues to raise more questions than answers about what the administration views as illegal diversity, equity and inclusion programs.
A Massachusetts federal judge on Tuesday declined Mintz Levin Cohn Ferris Glovsky and Popeo PC's request to halt a former client's legal malpractice case against the firm in Texas federal court while the two fight over a $2 million "success fee" the law firm claims it is owed.
A split D.C. Circuit panel on Tuesday halted for the second time U.S. District Judge James Boasberg's criminal contempt probe of Trump administration officials for willfully violating his order barring removals of Venezuelans under the 1798 Alien Enemies Act.
The top Democrat on the House Oversight Committee is looking to hold former Attorney General Pam Bondi in contempt if she does not appear before the committee to discuss the U.S. Department of Justice's handling of the Epstein files.
California Northern District federal judges are seeking public comment on modifying local court rules to allow jurists to audio stream civil jury trials in the district, which regularly presides over high-stakes courtroom fights involving tech giants such as Google, Meta, OpenAI and Apple.
Massachusetts' highest court said Tuesday that a committee overseeing lawyers' trust accounts should have been given a chance to request potential leftover funds prior to a judge's approval of a class action settlement, but saw no reason to unwind the deal.
