alerts & publications
How Important is the Government’s New Regulatory Sandbox for Crypto?August 6, 2018
In this bylined article for VentureBeat by O’Melveny senior counsel Laurel Loomis Rimon, she discusses the Consumer Financial Protection Bureau’s plans to develop a unified regulatory sandbox as a solution to the challenges fintech companies face in complying with a patchwork of existing laws.
Rimon observes that the notion of regulatory sandbox is for now “aspirational.”
“To be more than that, the CFPB will have to do something no other federal regulator thus far has been willing or able to do: expand the range of accommodations and protections it is willing to offer participants in the sandbox,” she writes.
To read the full article, click here.
Thank you for your interest. Before you communicate with one of our attorneys, please note: Any comments our attorneys share with you are general information and not legal advice. No attorney-client relationship will exist between you or your business and O’Melveny or any of its attorneys unless conflicts have been cleared, our management has given its approval, and an engagement letter has been signed. Meanwhile, you agree: we have no duty to advise you or provide you with legal assistance; you will not divulge any confidences or send any confidential or sensitive information to our attorneys (we are not in a position to keep it confidential and might be required to convey it to our clients); and, you may not use this contact to attempt to disqualify O’Melveny from representing other clients adverse to you or your business. By clicking "accept" you acknowledge receipt and agree to all of the terms of this paragraph and our Disclaimer.