For years, blockchain developers have urged U.S. courts to provide clearer ex ante guidance on when writing or deploying decentralized software crosses the line into regulated financial activity. A March 26, 2026 decision by Chief Judge Reed O’Connor of the Northern District of Texas underscores just how difficult that path remains. Case Background The plaintiff, blockchain developer Michael Lewellen, sued the Department of Justice (DOJ) seeking declaratory relief that his Ethereum‑based crowdfunding tool, “Pharos,” did…
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In a recent Law360 article, Baker McKenzie partners David Zaslowsky and Peter Chan explore how the US Digital…
IRS Form 1099-DA, “Digital Asset Proceeds,” is being rolled out starting with the 2025 tax year. With this…
On February 26, 2026, a bipartisan group of U.S. House members introduced the Promoting Innovation in Blockchain Development…
California’s long‑anticipated digital asset licensing regime has finally arrived. Beginning today – Monday, March 9, 2026 – the…
Thailand continues to advance its digital payment landscape through a phased approach. The Bank of Thailand (BOT) began…
On January 29, 2026, the U.S. Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”)…