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Token Law: Legal Frameworks, Regulatory Compliance, and Liability Insights

2025-04-09 14:00:00

2025-04-09 14:00:00

2 Credits

Master digital asset token law: blockchain fundamentals, securities regulations, state licensing requirements, and liability considerations for legal practitioners.

2025-04-09 14:00:00

Master digital asset token law: blockchain fundamentals, securities regulations, state licensing requirements, and liability considerations for legal practitioners.

2025-04-09 14:00:00

1000+

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1000+

Live stream programs

24/7

Access to live webinars & recordings

70,000+

Trusted by Legal Professionals

1000+

Live stream programs

24/7

Access to live webinars & recordings

70,000+

Trusted by Legal Professionals

1000+

Live stream programs

24/7

Access to live webinars & recordings

70,000+

Trusted by Legal Professionals

Key topics that will be covered

What will you learn

Attorneys will learn the evolving legal landscape surrounding digital asset tokens, including blockchain fundamentals, federal and state regulations, securities considerations, and contractual liability issues.

What will you gain

Attorneys will gain comprehensive understanding of virtual currency regulation, compliance requirements, and practical guidance for navigating the complex patchwork of token-related legal obligations.

Blockchain Basics
Distributed ledgers enable computers to reach consensus about shared transaction data.
Token Types
Tokens include currency, utility, stable coins, security, governance, privacy, and NFT categories.
AML Compliance
Money service businesses must implement five pillars of AML programs under FinCEN.
State Regulation
Fifty states have inconsistent money transmitter laws creating a fragmented regulatory patchwork.
Securities Analysis
The Howey test determines when tokens qualify as securities under SEC jurisdiction.
Consumer Protection
FTC Act Section 5 bars unfair and deceptive practices affecting token commerce.

What will you learn

Attorneys will learn the evolving legal landscape surrounding digital asset tokens, including blockchain fundamentals, federal and state regulations, securities considerations, and contractual liability issues.

What will you gain

Attorneys will gain comprehensive understanding of virtual currency regulation, compliance requirements, and practical guidance for navigating the complex patchwork of token-related legal obligations.

Agenda

Session 1

Understanding Tokens and Their Legal Framework

Session 2

SEC Jurisdiction and the Howey Test

Break

Scheduled Break

Session 3

AML, KYC Compliance and Enforcement Actions

Session 4

Contractual Liability and Consumer Protection Issues

clock 1:00 pm - 1:45 pm EST

Understanding Tokens and Their Legal Framework

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

This foundational session explores the technology behind digital asset tokens, covering blockchain basics, smart contracts, and the distinctions between utility, security, and governance tokens. Participants will examine token issuance models including ICOs, STOs, and airdrops, while learning how different token types are classified under U.S. law.

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

clock 1:45 pm - 2:00 pm EST

SEC Jurisdiction and the Howey Test

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

This session analyzes when tokens constitute securities under federal law by applying the landmark Howey test framework. Attendees will explore the critical jurisdictional boundaries between the SEC and CFTC, understanding how commodity versus security classification impacts regulatory obligations.

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

clock 2:00 pm - 2:10 pm EST

Scheduled Break

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

A brief intermission allowing participants to refresh before continuing with compliance-focused content. Use this time to reflect on securities classification concepts covered in the previous session.

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

clock 2:10 pm - 2:40 pm EST

AML, KYC Compliance and Enforcement Actions

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

This session covers the five pillars of anti-money laundering programs and know-your-customer requirements mandated by FinCEN and state regulators for token issuers. Participants will examine the fragmented state regulatory landscape, including case studies from Maryland and Indiana, alongside recent federal enforcement actions and legal precedents.

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

clock 2:40 pm - 3:10 pm EST

Contractual Liability and Consumer Protection Issues

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

The final session addresses unique liability risks in token transactions, including transaction irreversibility, fraud exposure, and the absence of traditional payment protections. Attendees will learn how FTC Act Section 5 and CFPB oversight apply to digital asset activities, with focus on unfair and deceptive practices enforcement.

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

01 05
Prev
Next

speakers

Joe Ervin

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Kevin Foley

Reminger Co
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Grant H. Lawson

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Andrew Lucas

Perkins Coie

Ross Handler

Perkins Coie

Andrew Lucas

Perkins Coie

Andrew focuses his practice on virtual currency matters and provides advice on cybersecurity concerns. He has extensive experience in fintech, digital business regulatory compliance, and bank regulatory issues.

Experience

Most recently served as counsel for the New York State Department of Financial Services, Research and Innovation Division, where he led a team handling licensure, supervision, and examination of virtual currency companies. Supervised cybersecurity specialists conducting reviews of complex institutions across all NYDFS divisions. Prior to NYDFS, served as senior counsel in the New York Law Department, Legal Counsel Division, advising the mayor's office, city council, and agency executives on legal and policy issues. Served as lead attorney handling constitutional claims from the Occupy Wall Street protests at the Special Federal Litigation division.

Andrew Lucas

Perkins Coie

Andrew focuses his practice on virtual currency matters and provides advice on cybersecurity concerns. He has extensive experience in fintech, digital business regulatory compliance, and bank regulatory issues.

Experience

Most recently served as counsel for the New York State Department of Financial Services, Research and Innovation Division, where he led a team handling licensure, supervision, and examination of virtual currency companies. Supervised cybersecurity specialists conducting reviews of complex institutions across all NYDFS divisions. Prior to NYDFS, served as senior counsel in the New York Law Department, Legal Counsel Division, advising the mayor's office, city council, and agency executives on legal and policy issues. Served as lead attorney handling constitutional claims from the Occupy Wall Street protests at the Special Federal Litigation division.

Ross Handler

Perkins Coie

Ross provides legal guidance to fintech, nonbank, and financial services institutions, ensuring compliance with federal and state finance laws, with expertise in money transmission, consumer and commercial lending, and payments constructs.

Experience

Extensive experience in drafting, negotiating, and executing corporate transactional agreements in consumer and commercial payments matters, including incentive deals between merchants and card networks, bank partnership agreements, cobranded credit card agreements, and payment processing agreements for global retailers. Served as second counsel to a global payment facilitator in its Payments Risk Legal and Money Movement Services and Payouts groups, supporting new customer-facing payments products and services.

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Ability to Ask Questions During
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Exclusive Partner Webinars & Events
Special credits (Ethics, Elimination
of Bias, etc.)
Instant Certificates After Completion
Personalized CLE Platform
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Why Attend

Why this 
program matters

As digital assets reshape global finance with trillion-dollar market caps and evolving state-federal regulatory frameworks, attorneys must master token law to navigate securities compliance, AML requirements, and consumer protection obligations across fragmented jurisdictions.
$9.3B
Americans lost to cryptocurrency fraud in 2024, a 66% increase from the previous year, according to the FBI’s Internet Crime Complaint Center (IC3) annual report.
31
States have enacted the Money Transmission Modernization Act in full or in part, covering 99% of reported money transmission activity licensed in the NMLS.
$3T
Total cryptocurrency market capitalization at the end of 2025, after reaching an all-time high of $4.4 trillion earlier in the year.
49
States plus Washington D.C. require digital asset companies to obtain a money transmitter license or digital asset business activity license, with only Montana not requiring licensing.

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