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Powers On… Top 5 crypto legal and regulatory developments of 2021

Published 12/22/2021, 09:04 AM
Updated 12/23/2021, 10:00 AM
Powers On… Top 5 crypto legal and regulatory developments of 2021

While still leading the securities litigation, hedge fund and SEC defense national practices at my last law firm, BakerHostetler, my practice team members and I would prepare an annual list of key developments and cases in the area each December.

It was usually a top 10 list that was then published by Wolters Kluwer in one of its CCH publications and by BakerHostetler as a separate publication to our law firm clients. Now that I am officially retired from law firm practice and these days devote most of my professional attention to the blockchain and crypto space, my editor, Max Yakubowski, and I thought it made sense to do something similar for Cointelegraphs readers.

1. El Salvador adopts BTC as a national currency

2. The United States woke legislation on blockchain transactions

3. Federal Reserve Chair Powell is open to the benefits of blockchain for the financial system

4. SEC allows Bitcoin ETF for retail customers

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5. Ripple fights the SEC in court

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