Cahill Article Featured In Forkast.news On Growing Prominence Of U.S. Courts In Crypto Law – Fin Tech
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John Cahill (Associate-White Plains, NY) authored “How
American courts have become central to crypto law” for
forkast.news, published on June 14, 2023. The article
examines how despite the burgeoning growth and recent developments
in blockchain technologies, regulatory progress in the U.S. remains
sluggish, with the executive branch yet to adopt a definitive
stance on digital assets notwithstanding President Biden’s
March 2022 Executive Order, “Ensuring Responsible Development
of Digital Assets.” John points to hearings with the chairs of
the Securities & Exchange Commission and the Commodity Futures
Trading Commission as shedding light on the diverse opinions
surrounding cryptocurrencies and highlighting legislative gridlock.
He looks at how U.S. courts have stepped up to interpret digital
assets within the existing legal framework, filling a legislative
void considering the 30-plus crypto bills in Congress yet to become
law.
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