FinTech

FinTech

Jeff Berman, Celeste Koeleveld, Philip Angeloff | Clifford Chance

Special purpose bank charters preempt the patchwork of state laws, but challenges from state bank regulators could cloud the future.

The Office of the Comptroller of the Currency (OCC) recently announced that it will begin accepting special purpose national bank charter...

FinTech

Stephen D. Palley | Anderson Kill

The technology promises to streamline business processes—but companies need to understand its potential risks, as well.

Blockchain has been described by some as a revolutionary technology that will fundamentally change how business is done. Others have likened it to the Dutch tulip craze or...

FinTech

David Felsenthal, Jesse Overall | Clifford Chance

With investors mortgaging their houses to finance Bitcoin investments [1], questions regarding the legal status of cryptocurrency have taken on increasing urgency. The CFTC recently said "US law does not provide for direct, comprehensive Federal oversight of underlying Bitcoin...