Fintech and Crypto Assets

This week, the SEC took two steps that could define what’s next for its enforcement program: it named David Woodcock — a former Regional Director at the SEC and a current Gibson Dunn partner — as the new Director of the Division of Enforcement, and released the Division’s fiscal year 2025 results. Both announcements signal that, despite its full-throated critiques of the last administration’s approach to enforcement, the SEC intends to recalibrate the Enforcement Division to focus on cases invol

California's new licensing regime for digital financial asset businesses is no longer on the horizon, it is here. The California Department of Financial Protection and Innovation (DFPI) opened its application portal last month, and the July 1, 2026 compliance deadline is now less than three months away. For companies that anticipate serving California residents with covered digital financial assets services, there is a significant advantage to having a license application in by July 1.

Jenner & Block Partners Jeremy Creelan, Megan Poetzel, Laurel Loomis Rimon, and Michael Ross, and Associate Rupali Srivastava authored an analysis in the New York Law Journal examining the rapidly evolving regulatory landscape for prediction markets and what it means for fintech companies and their counsel.

Law360 has selected seven Jenner & Block partners to serve on the publication’s 2026 editorial advisory boards. As board members, they will provide feedback on Law360's coverage across practice areas and offer insights to help guide future content direction. Board members also serve as a resource for Law360 reporters seeking expert analysis and commentary.

On March 17, 2026, the Division of Enforcement of the Commodity Futures Trading Commission (CFTC) issued a no-action letter (Letter) to Phantom Technologies Inc., a developer of self-custodial crypto asset wallet software, confirming that if Phantom adhered to certain conditions the Division would not recommend enforcement action for failure to register as an introducing broker.[1]The Letter represents a trend at the CFTC to shift toward a more lenient regulatory approach to certain service prov

On March 17, 2026, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a landmark interpretation regarding the application of the federal securities laws to certain types of crypto assets and transactions involving crypto assets.

On March 18, 2026, Fintech and Crypto Assets Practice Co-Chair Kayvan Sadeghi will speak on a panel at the 2026 Crypto Conference, hosted by the New York City Bar Association.

Partner Laurel Loomis Rimon authored an article for American Banker arguing that current debanking reform efforts have overlooked a foundational tension: the Bank Secrecy Act of 1970 (BSA) compels banks to assess and act on customer risk whereas the Trump Administration's August 2025 executive order ignores this requirement. Banks are caught in a catch-22 in trying to meet BSA requirements and comply with the executive order.

Five Jenner & Block partners will share insights on sanctions enforcement, international anti-corruption coordination, DOJ policy shifts, and money laundering trends at the American Bar Association's White Collar Crime Institute — the premier national conference for white collar criminal defense attorneys, federal prosecutors, compliance professionals, and in-house counsel.

On January 29, 2026, the SEC and CFTC jointly announced Project Crypto, transforming what had been an internal SEC initiative launched in 2025 into a landmark inter-agency collaboration to unify digital asset regulation in the United States. This expansion of Project Crypto into a joint effort directly addresses two longstanding problems that have plagued the digital asset industry: the persistent uncertainty about which agency has jurisdiction over particular products, and the potential for tur

Partners Jeremy Creelan, Laurel Loomis Rimon, Megan Poetzel, Michael Ross and Kayvan Sadeghi will provide an in-depth review of significant litigation trends and topics during the past year and discuss critical factors likely to shape litigation risk in the year ahead at a gathering entitled “2025 Fintech Business Litigation Review: Cool Trends in a Hot Market” on January 15, 2026.

Chambers & Partners has again ranked Jenner & Block as a leading firm for Crypto-Asset Disputes in their 2026 Fintech Guide. Laurel Loomis Rimon and Kayvan Sadeghi, Co-Chairs of the firm’s Fintech and Crypto Assets Practice, also continue to be recognized individually for Crypto-Asset Disputes. This annual guide highlights the top fintech firms, advisers, and litigators in the United States and is based on thousands of in-depth interviews with clients.

Jeremy Creelan, Co-Chair of Jenner & Block’s Fintech and Crypto Assets Practice, will lead a discussion with Congressman Bryan Steil at American Fintech Council’s (AFC) 2025 Policy Summit on November 18 titled, “Modern Finance, Modern Oversight: From Marble Halls To Fintech Calls.”

The Department of Justice has quietly created a new power center that will expand its ability to pursue investigations and bring politically charged lawsuits against both corporations and state actors. For companies navigating federal scrutiny across multiple regulatory fronts—from consumer protection to immigration—this shift could reshape how enforcement risk manifests in 2026 and beyond. Below, we discuss what this shift means—and how your organization should be preparing in anticipation of a

In a recent article for Regulatory Compliance Watch, Partner Laurel Loomis Rimon discussed FinCEN's newly released FAQs regarding Suspicious Activity Report (SAR) filing requirements and their implications for financial institutions and investment advisers.

Under California’s new Digital Financial Assets Law, or DFAL, all entities engaging in “digital financial asset business activity” in the state must be licensed—or have a pending application—by July 1, 2026. On September 29, 2025, the California Department of Financial Protection and Innovation (DFPI) issued a Notice of Modification to Text of Proposed Regulation (Modification Notice) amending the previously issued April 4, 2025 Notice of Proposed Rulemaking.

Jeremy Creelan, Co-Chair of the Fintech and Crypto Assets Practice, will moderate a panel at Lend360’s annual summit on October 7.

Partner Kayvan Sadeghi will speak at Fordham Law University’s Blockchain Regulatory Symposium on October 6.

Jeremy Creelan and Laurel Loomis Rimon, Co-Chairs of the firm’s Fintech and Crypto Assets Practice, will co-moderate a webinar event in collaboration with the American Fintech Counsel (AFC) on October 2.