A Manhattan federal jury ruled in favor of luxury brand Hermès in its trademark infringement lawsuit against an individual that created non-fungible tokens depicting images resembling the famous Hermès Birkin handbag.

A researcher from the Office of Financial Research analyzed the potential threats that decentralized finance poses to financial stability if its growth continues without the guardrails of traditional finance.

In a comment letter on the FRB's "Principles for Climate-Related Financial Risk Management for Large Financial Institutions," the American Bankers Association supported efforts to create "a high-level guide for the largest institutions," but raised concerns on both substance and process.

A U.S.-based cryptocurrency exchange settled SEC charges for failing to register the offer and sale of its crypto asset "staking-as-a-service" program.

The Committee on Foreign Investment in the United States determined that the United Kingdom and New Zealand meet the criteria under CFIUS regulations to remain as "excepted foreign states" and "excepted real estate foreign states."