Insights

In February 2025, Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025, commonly known as the GENIUS Act. This landmark legislation aims to establish a comprehensive federal framework for the issuance and regulation of payment stablecoins in the United States. By defining clear …

In March 2025, stablecoin-powered card issuer Rain announced a $24.5 million Series A funding round led by Norwest Venture Partners, with participation from strategic investors including Lightspeed Faction, Firebolt Ventures, and the Arrowsic Fund. Just as notably, Rain revealed a global card-issuing partnership with Visa, aiming to extend its reach …

On April 4, 2025, the U.S. Securities and Exchange Commission (SEC) issued a new policy statement clarifying its position on stablecoins. While not a formal rulemaking, the SEC’s guidance reflects an evolving enforcement and interpretive posture—one that has far-reaching implications for stablecoin issuers, venture-backed fintechs, and institutional users operating in …

The U.S. Securities and Exchange Commission (SEC) recently issued a staff statement clarifying that meme coins do not qualify as securities under federal law. This decision carries major implications for investors, cryptocurrency exchanges, and the broader digital asset market. While this classification removes some regulatory hurdles, it also raises new …

In August of 2022, the U.S. Treasury Department sanctioned cryptocurrency mixer Tornado Cash, accusing it of helping to launder billions of dollars for North Korean hackers, among other malicious cyber actors. In a decision handed down on November 26, 2024, the 5th U.S. Circuit Court of Appeals ruled that these …

Digital assets have remained popular for many different reasons, one of which is their potential to decentralize money and trade. Many digital asset supporters believe that this can reduce the control of big institutions like the SEC, central banks, and governments, which could make for a more democratic financial system …

If you’re a startup founder receiving stock that’s subject to vesting, you’ve likely heard the term “83(b) election.” But what is it, and why do early-stage founders, employees, and equity recipients need to act quickly and decisively around this election? Making (or failing to make) an 83(b) election can significantly …

If you’re a startup founder receiving restricted stock in your new company—especially at a nominal price like $0.00001 per share—you might ask: “Do I really need to file an 83(b) election if there’s no tax owed?” The short answer: Yes. Filing an 83(b) election is one of the most overlooked …

On June 13, 2024, the European Parliament and Council officially adopted Regulation (EU) 2024/1689, commonly known as the Artificial Intelligence Act (AI Act). As one of the most ambitious regulatory frameworks for artificial intelligence globally, the AI Act aims to harmonize AI rules across Europe, protecting fundamental rights while encouraging …

In a significant follow-up to the recent developments covered in our previous article, Lessons from the 23andMe Bankruptcy: Strategic Insights for Founders and VCs, 23andMe is now facing a substantial legal challenge involving multiple states. This litigation underscores the importance of rigorous data privacy practices, particularly in handling sensitive consumer …

For international entrepreneurs expanding into the U.S., entity choice is often the first major legal decision—and one with long-term consequences. The S Corporation is widely known for its tax efficiency and simplicity, but it’s also frequently misunderstood. If you’re a non-U.S. resident looking to set up shop in the U.S., …