In recent analysis, Fried Frank Partner Jason Schwartz discussed the core DeFi activity staking and the lack of formal guidance on how staking rewards are taxed in the United States.
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In recent analysis, Fried Frank Partner Jason Schwartz discussed U.S. taxpayers' tax considerations for art NFT investors.
Bank of England Deputy Governor for Financial Stability Jon Cunliffe described risks to financial stability from rapid crypto industry growth.
The Bank of Japan reported that it will begin to "explore general purpose Central Bank Digital Currency in a more concrete and practical way by conducting experiments, rather than confining itself to conceptual research as before."
The Federal Reserve Board, FDIC and OCC offered a roadmap to clarify the regulation of activities involving crypto-assets.