On February 23, 2021, Davis Polk partner Joseph Hall will be among the speakers on New York Financial Writers’ Association’s “The Ripple Effect: How and Why the SEC Targeted One Specific Cryptocurrency” panel discussion. Panelists will discuss the ins and outs of how and why the SEC labeled XRP a security, which is something it has not done for any other widely traded cryptocurrency. Other topics discussed will include:

• Why were regulators focused on XRP instead of bigger fish such as Bitcoin or Ethereum?

• Are cryptocurrencies actually securities, currencies or an entirely new asset class?

• Is SEC Chair-designee Greg Gensler, who is known to be more crypto-friendly, likely to drop the suit?

For more information, please visit the webcast website.