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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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The Current Administration's Proposals for the Financial Services and Banking Industries Will Affect Your Business

Since his inauguration two months ago, Donald Trump’s administration and the Congress it controls have indicated important upcoming policy changes. These changes will impact financial services policies and priorities. The changes will particularly affect cryptocurrency, as well as banking rules and regulations. Key Regulatory Changes in Cryptocurrency For example, in the burgeoning cryptocurrency business environment, […]

Author: Dan Brecher

March 28, 2025

How To Protect Your Money Before Your Bank Fails, And What You Can Do If It Does

As news rolled in about the recent failure of Silicon Valley Bank and the government takeover of Signature Bank, many people were understandably nervous. One of my overseas clients texted me that he had money on deposit at one of those banks and worried that it was gone forever. As the government and banking industry […]

Author: Bruce Feffer

March 14, 2023

How Hermès Trademark Decision Will Impact NFTs

In a crowded sector, the Hermès iconic Birkin bag remains one of the world’s most coveted and recognizable luxury handbags… In a crowded sector, the Hermès iconic Birkin bag remains one of the world’s most coveted and recognizable luxury handbags. The handbag is now also known for being the subject of a novel lawsuit involving […]

Author: Scarinci Hollenbeck, LLC

February 23, 2023

NFTs

Who Actually Owns NFTs? What You Need to Know About IP Rights

Whether you are currently involved in the NFT market or possibly considering NFTs as a potential investment opportunity, understanding the intellectual property implications of NFTs is important… Non-fungible tokens, or NFTs, will remain a hot topic in 2023. Whether you are currently involved in the NFT market or possibly considering NFTs as a potential investment […]

Author: Scarinci Hollenbeck, LLC

January 19, 2023

Can New Bill Help NJ Become a Crypto Industry Hub?

New Jersey lawmakers are hoping to lure cryptocurrency businesses away from neighboring New York City with more business-friendly regulations for digital asset transactions. New Jersey lawmakers are hoping to lure cryptocurrency businesses away from neighboring New York City with more business-friendly regulations for digital asset transactions. According to its sponsors, the Digital Asset and Blockchain […]

Author: Scarinci Hollenbeck, LLC

June 7, 2022

New Jersey

SEC Provides Interpretive Guidance on Disclosure Requirements for Entities that Safeguard Crypto Assets

The growth of cryptocurrency theft triggered the Securities and Exchange Commission (SEC) to take action... The growth of cryptocurrency theft triggered the Securities and Exchange Commission (SEC) to take action. On April 11, 2022, the Division of Corporation Finance’s Office of the Chief Accountant issued Staff Accounting Bulletin. No. 121, Release No. SAB 121 (“SAB”) […]

Author: Scarinci Hollenbeck, LLC

April 27, 2022

Bitcoin

What Is a Decentralized Autonomous Organization?

What if you could run a business without people? That’s one of the central ideas behind decentralized autonomous organizations (DAOs)… What if you could run a business without people? That’s one of the central ideas behind decentralized autonomous organizations (DAOs). DAOs are internet-based entities that are governed by a community organized around a specific set […]

Author: Dan Brecher

April 21, 2022

NFT Fraud Is Here – All You Need to Know Before You Invest

The buzz surrounding cryptocurrency, and in particular non-fungible tokens (NFTs), is not just attracting investors… The buzz surrounding cryptocurrency, and in particular non-fungible tokens (NFTs), is not just attracting investors. Scammers are increasingly looking to cash in as well. Accordingly, it is imperative to do your research before making an investment. Understanding the NFT Phenomenon […]

Author: Scarinci Hollenbeck, LLC

January 20, 2022

New Law Allows NJ Corporations to Using Blockchain for Recordkeeping

Gov. Phil Murphy recently signed legislation into law authorizing corporations to utilize electronic networks, including distributed electronic networks or databases that utilize blockchain technology… Gov. Phil Murphy recently signed legislation into law authorizing corporations to utilize electronic networks, including distributed electronic networks or databases that utilize blockchain technology, administered by or on the behalf of […]

Author: Zachary Klein

November 2, 2021

How Will the Infrastructure Bill Impact Cryptocurrency?

Congress is hoping that tax revenue from cryptocurrency transactions will help fund infrastructure projects across the country... Congress is hoping that tax revenue from cryptocurrency transactions will help fund infrastructure projects across the country. Under a controversial provision in the $1 trillion infrastructure bill approved by the U.S. Senate, cryptocurrency brokers will be subject to […]

Author: Scarinci Hollenbeck, LLC

September 3, 2021

IRS Asks Congress to Expand Cryptocurrency Enforcement Authority

The Internal Revenue Service (IRS) is continuing its cryptocurrency crackdown... The Internal Revenue Service (IRS) is continuing its cryptocurrency crackdown. Earlier this month, the agency asked Congress for additional funding and greater legal authority to bolster its efforts to regulate cryptocurrencies and increase tax compliance. IRS Ramping Up Crypto Enforcement As discussed in prior posts, […]

Author: Scarinci Hollenbeck, LLC

June 29, 2021

IRS Targeting Cryptocurrency Platforms to Obtain Taxpayer Information

The Internal Revenue Service (IRS) continues to ramp up its efforts to identify taxpayers that have failed to properly report cryptocurrency transactions... The Internal Revenue Service (IRS) continues to ramp up its efforts to identify taxpayers that have failed to properly report cryptocurrency transactions. On May 5, 2021, a California federal court authorized the IRS […]

Author: Scarinci Hollenbeck, LLC

June 9, 2021

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