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26 Apr 2023
On 27 March 2023, the Commodities Futures Trading Commission (CFTC) filed a lawsuit against Binance in the United States District Court for the Northern District of Illinois. Binance, as of the time of writing, remains the world’s largest crypto exchange by a large margin. Binance’s international exchange dwarfs its closest rivals having more than...
05 Jan 2023
Fintech in 2022 was buffeted by a cyclical sectoral downturn combined with a souring macro-economic environment. In part, the sector was a victim of its own success. After flying high and being one of the most heavily invested-in sectors for the past several years, it was only natural that values would come back down to reality and align with hist...
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03 Oct 2022
This piece was co-authored by Sunay Radia, partner, McDermott, Will & Emery. Fintech encompasses a broad spectrum of emerging businesses operating at the intersection of financial services and technology including neobanks, digital brokers, e-money institutions, crypto businesses and more. While the sector has outperformed the general market fo...
04 Apr 2022
The metaverse represents a paradigm shift in how people will experience the internet. However, it is still not well understood and significant topics relating to it have not been explored, including how legal concepts in the real world will operate when transitioned to a virtual world. This article aims to begin an exploration of those issues. It ...