Blockchain Legal Institute
Visit www.bli.tools for more news and events from the Institute.
Your Blockchain Legal Brief:
Current events in crypto & law.
Update On The Debanking Bill:
The House Financial Services
Committee advanced H.R. 2702,
the FIRM Act The bill would prohibit
federal banking agencies from
considering “reputational risk” when
supervising, examining, or
regulating depository institutions.
Upcoming Industry Conferences:
June 11-13 2025
GBBC Blockchain Central DC 2025
June 25-26 2025
2025 Bitcoin Policy Summit
Bitcoin Policy Institute & Guide
June 30- July 3 2025
EthCC
United States
Blockchain Regulatory Certainty Act: GOP
Whip Tom Emmer (R-MN) and Ritchie
Torres (D-NY) introduced the Blockchain
Regulatory Certainty Act. The bill would
clarify that blockchain developers and
blockchain service providers are not
required to register as a money transmitter
business if they do not control users’ digital
assets in the regular course of business.
Interpretive Letter re Non-US Persons
The Commodity Futures Trading
Commission’s Market Participants Division
and Division of Market Oversight today issued an interpretative letter confirming the application of certain cross-border definitions to a proprietary trading firm organized in a foreign jurisdiction.
The interpretive letter finds Susquehanna
Crypto is a non-U.S. person under the
Commodity Exchange Act and regulations
issued thereunder
Member News
Positive results for members of BLI.
Toronto Meeting of BLI Team
with Crypto Seed Bank at
Blockchain Futurist Conference
Carmen Indalecio, BLI Honorary Ambassador
OnChain Foundation
Partners with BLI to share
research to BLI Community
Michael Terpin
BLI joins the BitAngel Network
to host Maryland &
Washington DC Events
BLI Legal Tech Hackathon
Strategic Partner: RYO Coin
The Securities and Exchange Commission charged San Francisco Bay Area resident Kenneth Mattson, the former CEO of real estate investment business LeFever
Mattson, with defrauding approximately 200 investors of at least $46 million by selling them fake interests in real estate investment limited partnerships. Many of these investors were retired senior citizens Mattson met through his church community.
SEC News
Crypto.com gains EU approval for crypto derivatives
The firm acquired Cyprus-based A.N. Allnew Investments to gain regulatory approval and expand its reach under the EU’s financial regulations. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now look forward to providing customers across the region
even more ways to engage with our platform through these new offerings,” said Crypto.com’s co-founder and CEO, Kris Marszalek
EU News
The Virtual Assets Regulatory Authority (Dubai, UAE) [VARA] today announced the publication of Version 2.0 of its activity based Rulebooks, marking the latest milestone in Dubai’s ongoing commitment to delivering a future-proof regulatory framework that balances innovation with robust market safeguards.
The updated Rulebooks include enhanced supervisory mechanisms across the following regulated virtual asset [VA] activities:
- Advisory services
- Broker-dealer services
- Custody services
- Exchange services
- Lending and borrowing services
- VA management and investment services
- VA transfer and settlement services
Global News
Publishers Join Growing AI Protest
Movement Across Europe European Parliament hosted
representatives from books, film, and music industries and related creative sectors for a meeting to discuss the
implementation of the EU AI Act. The meeting was part of the “Stay True to the Act, Stay True to Culture” campaign, which advocates for transparency, consent, and fair compensation for creators whose work is used in AI development.
AI News
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Blockchain Legal Institute News On The Go & In The World
Have you watched the News where BLI has been featured? Have you seen where BLI has been published?
Onchain Foundation Publication & Feature: We’re excited to share that the Blockchain Legal Institute has been featured in the Onchain Foundation’s upcoming report—alongside other leading ecosystem contributors including Base, Zora, and TaiKai Garden. The report focuses on Successful Token Launch Strategies and highlights regulatory and technical insights founders need to navigate this rapidly evolving space.
To learn more about BLI member discounts offered by Onchain Foundatiion contact Carmen at carmen.indalecio@onchain.org