Spencer Fane attorneys Kirstin Kanski and Alex Schoephoerster’s article, Embracing Innovation: Banking Digital Assets Beyond GENIUS, continues to reach new audiences with its appearance in the Community Bankers Association of Kansas’ official publication, In Touch.
Previously featured in newsletters for the Kansas and Minnesota Bankers Associations, the piece explores the continued evolution of the digital asset ecosystem as it interweaves with the banking sector. In the team’s own words, their article “provides a high-level overview to inform the question of what ‘crypto’ is, followed by a brief summary of the pending legislation and rulemakings that will continue to add clarity to the ability of banks to engage with the digital asset ecosystem. Lastly, a review of the existing regulatory guidance reveals which activities are currently considered ‘legally permissible’ and within the ‘business of banking,’ culminating in considerations that banks can explore when formulating a long-term strategy as the digital asset ecosystem and the law of permissibility continue to evolve.”
At the firm, Kirstin and Alex are part of the Bitcoin, Blockchain, and Digital Assets team, which covers a wide range of the most significant areas of the growing digital assets sector. As thought leaders in the industry, the attorneys have actively engaged in policymaking and advocating on behalf of clients through meeting with legislators and assisting with the drafting of bills and serving on the boards of organizations committed to education and adoption of blockchain technologies.
Read the team’s article here.