Stephen Rutenberg, the former co-leader of Polsenelli’s Crypto Currency and Blockchain Group, has joined Duane Morris as a partner in the Corporate Practice Group and as a member of the firm’s Digital Assets and Blockchain Group. Mr. Rutenberg works from the firm’s Miami office.
Read more from Law360 on Mr. Rutenberg joining Duane Morris.
The SEC Chairman gave a must-read speech on November 12, 2025, on the direction that the SEC will likely make in regards to digital assets. Below are the key takeaways from the speech on the SEC’s approach to digital assets, “Inside Project Crypto,” delivered at the Federal Reserve Bank of Philadelphia.
Does this mark a pivotal shift toward a more rational and clear regulatory framework for the future of finance?
Clarity on Crypto: The SEC anticipates establishing a clear token taxonomy based on the Howey test, recognizing that most Digital Commodities (Network Tokens), Digital Collectibles, and Digital Tools are generally not securities. Tokenized Securities will remain regulated.
Read more of Mauro’s takeaways on Chairman Paul Atkins’ speech on “Project Crypto.”
Following the worldwide disruption in retail due to COVID-19, sales of luxury goods are expected to grow as much as 25% in 2022. Much of this growth has been driven by e-commerce, with online sales totalling 23% of all luxury sales in 2020. Meanwhile, consumer sustainability demands have driven growth in luxury resale or rental markets, now worth an estimated $36 billion, while brands have expanded their reach into the brave new digital territory of the metaverse – the overlapping digital spaces in which we increasingly work, play, and consume.
Yet luxury’s digital embrace has been hampered by a concomitant rise in counterfeit goods in the physical and digital worlds. Is blockchain the solution?
To read the full text of this article co-authored by Duane Morris attorney Kelly Bonner, please visit the Multilaw website.
Disclaimer: The content provided is for informational purposes only and does not constitute financial, investment, or legal advice. While our law firm has substantial experience in cryptocurrency law and regulation, we do not offer investment advice or opinions on cryptocurrency as an investment. Consult a financial advisor before investing.
