April 2021https://www.nortonrosefulbright.com/en/inside-fintech/blog/rss/april-2021Find the latest articlesen{934DD940-DFA5-4C34-8A0A-7BF4624C8104}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/wyoming-to-recognize-daos-as-llcsAndrew James LomRachael HashmallBlog postDistributed ledger technologies, blockchain and smart contractsWyoming to Recognize DAOs as LLCsOn April 21, 2021, Wyoming Governor Mark Gordon signed Bill 38 into law allowing Wyoming to recognize decentralized autonomous organizations (DAOs) as limited liability companies.Fri, 30 Apr 2021 11:42:00 ZAndrew James Lom, Rachael Hashmall{CA5A0991-D025-4583-8C96-304E3642E4D6}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/dora-reviewAnna CarrierBlog postDigital operational resilience in financial services DORADORA review: Member States consider inclusion of payment card networks and retail payment infrastructuresOn 28 April 2021 the Portuguese Presidency of the Council held a meeting of a Council working group in order to continue its legislative review of the proposed regulation on digital operational resilience for the financial sector (DORA).Thu, 29 Apr 2021 11:53:00 ZAnna Carrier{D3CFD3F7-6D21-4F77-A60B-1F67F45B6893}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/fca-updates-webpage-on-the-digital-sandbox-pilotSimon LovegroveFuture of FinTechFCA updates webpage on The Digital Sandbox pilotOn 28 April 2021, the FCA updated its webpage regarding The Digital Sandbox pilot by adding a new section on an evaluation report. Wed, 28 Apr 2021 20:44:00 ZSimon Lovegrove{BAF8987F-58D9-45DD-AF42-815BE305A172}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/fca-speech-levelling-the-playing-field-innovation-in-the-service-of-consumers-and-the-marketSimon LovegroveBlog postRegulatory updatersFCA speech: Levelling the playing field – innovation in the service of consumers and the marketOn 20 April 2021, the FCA published a speech given by its CEO, Nikhil Rathi, during the FinTech Week event. The speech is entitled Levelling the playing field – innovation in the service of consumers and the market.Wed, 28 Apr 2021 11:18:00 ZSimon Lovegrove{E1617620-C6E8-42CF-A2AB-856337A2588B}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/eu-proposes-new-artificial-intelligence-regulationJay ModrallArtificial intelligence and digitalisationEU proposes new Artificial Intelligence RegulationOn April 21, 2021, the EU Commission adopted a proposal for a regulation (the AI Regulation) on “artificial intelligence systems” (AI systems), which it describes as “the first ever legal framework on AI.”Thu, 22 Apr 2021 20:24:00 ZJay Modrall{519037E4-D802-43DD-9BF1-9B0495C06078}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/anatomy-of-an-nftAndrew James LomRachael HashmallBlog postCrypto-assets, cryptocurrencies, stablecoins and CBDCsAnatomy of an NFTOnce relegated to the fringe of the crypto/FinTech communities, non-fungible tokens (NFTs) have recently exploded to the forefront of modern pop culture and are taking on an ever increasing number of forms—from collectible digital kittens, to sport highlights, to music albums, to pieces of art auctioned off by Christie's for US$69.3 million. Sat, 17 Apr 2021 12:30:00 ZAndrew James Lom, Rachael Hashmall{EC920D95-DE0C-4880-ADA2-0059A6A3B41D}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/cryptocurrency-users-bewareRobert C. MorrisMayling C. BlancoBlog postCrypto-assets, cryptocurrencies, stablecoins and CBDCsCryptocurrency users beware: IRS targets unknown taxpayers via John Doe summonsEarlier this month a federal court in the District of Massachusetts granted an order allowing the Internal Revenue Service (IRS) to serve a John Doe summons on a digital currency exchanger. Sat, 17 Apr 2021 12:13:00 ZRobert C. Morris, Mayling C. Blanco{285F69A6-E5DF-470C-AEEA-D901927A8216}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/blockchain-law-cryptocurrency-offers-no-escape-from-international-sanctionsRobert A. SchwingerBlog postCrypto-assets, cryptocurrencies, stablecoins and CBDCsBlockchain law: Cryptocurrency offers no escape from international sanctionsRecent US enforcement activity illustrates how the government is taking strong action against persons involved with misuses of cryptocurrency in order to meet this threat and deter others.Fri, 16 Apr 2021 12:38:00 ZRobert A. Schwinger{6C151EE1-1DCC-423B-AED2-8DC45D276903}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/02/member-states-consider-amendments-to-mica-proposalAnna CarrierBlog postCrypto-assets, cryptocurrencies, stablecoins and CBDCsMember States consider amendments to MiCA proposalOn 18 March 2021, the Portuguese Presidency of the Council hosted a meeting of a working group where representatives of Member States continued discussions over the proposed regulation on markets in crypto-assets (MiCA). Wed, 07 Apr 2021 12:28:00 ZAnna Carrier{6FB7E094-E49C-4654-A26E-E97AF636202F}https://www.nortonrosefulbright.com/en/inside-fintech/blog/2021/04/monthly-global-fintech-regulatory-updater-apr-1Hannah MeakinBlog postRegulatory updatersMonthly Global FinTech regulatory updaterEvery month we provide the Global Blockchain Business Council’s Post-Trade Distributed Ledger group with a global regulatory FinTech updater, the latest version of which can be found here.Thu, 01 Apr 2021 10:53:00 ZHannah Meakin