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Christopher Bosch is an associate in the Government Contracts, Investigations & International Trade Practice Group in the firm's New York office.

New York’s chief law enforcement agency appears to have squandered an opportunity to bring much needed guidance to the digital assets space.  On October 18, the Office of New York Attorney General Letitia James (“NYAG”) issued a press release warning New York businesses offering interest-bearing accounts to customers who deposit virtual currency with them without having registered under General Business Law § 352, et seq. (the “Martin Act”) that they are breaking the law.

Continue Reading NYAG’s Warning to Crypto Businesses Muddies Regulatory Waters