Would-be custodians for cryptocurrencies and other digital assets seem very bullish these days. Mike Belshe, CEO of BitGo, Inc.—a leading developer of cryptocurrency security products that was recently approved by South Dakota to operate a state-chartered trust company—opined that “[c]ustody has been the missing piece of cryptocurrency market infrastructure and this gap has kept institutional investors out of the market.”
Three practices at Murphy & McGonigle, the financial services and regulatory law firm, have been recognized as National Tier One in the 2019 edition of the U.S. News & World Reports and Best Lawyers “Best Law Firms.” This marks the seventh consecutive year that Murphy & McGonigle has earned National Tier One status in the “Best Law Firms” survey.
Murphy & McGonigle’s leading FinTech & Blockchain Practice is pleased to publish a new edition of “Who’s On the Block,” a roundup of blockchain conferences, trends and upcoming events.
Over the past week, regulators in both the United Kingdom and Hong Kong have voiced words of caution regarding varying virtual assets. Both regulators were concerned in particular about the integrity of the cash markets for virtual assets and products giving retail investors both direct and indirect exposure to virtual assets.
Cybersecurity and IP lawyers say the Justice Department’s (DOJ) indictment of a team of Chinese intelligence officers and hackers for allegedly stealing jet engine manufacturing trade secrets from U.S. and French companies is a wake-up call for American businesses.