Reviewed token and business model for Crypto.com and compliance under applicable laws. Singapore cryptocurrency exchange expanding to United States required U.S. compliance advice.
Represented and successfully negotiated settlements on behalf of multiple payments related clients with respect to regulatory money transmitter licensing demands and enforcement orders from a range of states, including Connecticut, Texas, New York, Florida, California, Illinois, and Washington.
Represented global human resources software and services company on a new proposed payroll product with respect to payroll compliance issues as well as lending, licensing, and AML rules.
Provided in-depth advice to global European ticket sales company on U.S. AML compliance issues, US money transmitter licensing issues and EU PSD2 issues.
Planning and executing the U.S. expansion of a successful EU payments platform that provides an innovative over-the-top banking platform that consolidates multiple cards and accounts into one smart card with mobile app functionality. Customers can manage all spending across all accounts using the client's App. Launching U.S. operations is an essential and strategic part of the client's growth plans and we are lead regulatory and contracting counsel.
Advising on the new prepaid card program for the Hong Kong based cryptocurrency exchange platform founded in 2016 to accelerate the world’s transition to cryptocurrency. This matter is important because it enabled the client to launch in the United States and marks a huge step forward for the client in its goal of accelerating the world’s acceptance of cryptocurrency conversion.
Serve as payments regulatory counsel to private equity firm in its investment in various fintechs, including payment processors and bill payment companies. Provided regulatory due diligence. Continue to serve as payments regulatory counsel to the target entities in an ongoing capacity.
Regulatory and contractual advice on launch of push payments and real-time instant payments strategy and implementation. This fintech has become a leader in providing extensive payment options for fast and efficient disbursement of payments to consumers. Our advice helped In the client to navigate the complex regulatory issues involved. We served as chief regulatory counsel for its latest enhancements, and have been providing ongoing regulatory and contractual advice for many years.
Representing Shoptalk, the leading nextgen commerce event, on a variety of legal matters. We have also represented its founder on several additional ventures/exits including the sale of Money20/20, the leading FinTech conference focused on the payments industry, to i2i Events Top Right Group; the sale of TxVia to Google; and the sale of Clarity Payment Solutions to TSYS.