Last week, Ballard Spahr launched an innovative online application to help cryptocurrency and blockchain industry participants keep pace with quickly evolving laws, regulations, policies, and government enforcement priorities in the space. The Cryptocurrency and Blockchain Legislative Tracker is an interactive tool for investors, financial institutions, asset managers, digital currency exchanges, blockchain technology companies, and others doing or seeking to do business involving cryptocurrency. With user-friendly controls and displays, the tracker monitors legislative, regulatory, and compliance-related developments at the federal level and state-by-state. The Tracker is available free to the public on Ballard Spahr’s website, with enhanced content available on a subscription basis for firm clients. For more information about the Cryptocurrency and Blockchain Legislative Tracker, click here.
The Cryptocurrency and Blockchain Legislative Tracker is the latest in the Ballard360 suite of technology applications developed in-house by the firm’s Client Value and Innovation team, in close coordination with the firm’s lawyers and their clients. In August 2022, Ballard Spahr launched Ballard360 LicenSync to help financial services companies manage the federal approvals, state licenses, and foreign “doing business” registrations they are required to maintain—and avoid penalties for non-compliance. The project management tool is customizable to financial services companies—from start-ups and digital innovators to established institutions—handling residential and commercial mortgages; student, consumer, and solar loans; retail installment contracts; cryptocurrencies; money transmission; and other matters. A standard LicenSync tool is offered free to Ballard Spahr clients. While attorneys and licensing specialists working on specific engagements do charge legal fees, clients can choose to manage their own licensing portfolios for free, using their internal regulatory compliance teams. For more information about Ballard360 LicenSync, click here.