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Our Work




  • Podcast: Cryptocurrency – Wall Street or Main Street?

    As cryptocurrency becomes more widely accepted as a payment method, it leaves many people wondering whether it will remain a volatile investment or become as common as a debit card. In our second cryptocurrency podcast, we asked the question: is cryptocurrency Wall Street or Main Street?

  • U.S. House of Representatives Votes to Override OCC True Lender Rule

    The U.S. House of Representatives on June 24th voted 218 to 208 to repeal the OCC “True Lender” rule under the CRA. As discussed in earlier alerts, the OCC published the rule last year to eliminate challenges regarding when a loan is actually made by a federally-chartered bank, instead of a non-bank partner that takes assignment of the loan shortly after origination.

  • Podcast: Cryptocurrency – Wild West or Wall Street?

    Every day, the mainstream media and social media are filled with references to cryptocurrency. Depending on who you ask, it's either simply the next way to spend your money, or it's a haven for criminal activity.

  • IRS Announces New Crypto Reporting Requirements

    On May 20, 2021, the IRS announced that “businesses that receive crypto assets with fair market value of more than $10,000” will need to be reported. In short, there will be a new layer of significant crypto-sphere reporting requirements.

  • McGlinchey joins prestigious American Fintech Council’s Legal Advisory Committee

    McGlinchey Stafford is pleased to announce that the firm is an inaugural member of the American Fintech Council (AFC)’s Legal Advisory Committee, which serves to advance legal and regulatory initiatives, assist with critical policy issues, and work to promote business development and growth in Fintech.

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