A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
On September 22, 2015, Anthony J. Albanese, Acting
Superintendent of Financial Services, announced that the New York
State Department of Financial Services approved Circle Internet
Financial's BitLicense application. This would make Circle
Internet Financial the first company to receive a BitLicense from
the NYDFS. The NYDFS finalized its BitLicense rules in June 2015
after receiving public comments on the proposed framework, making
New York's BitLicense the first comprehensive regulatory
framework for firms dealing in virtual currency. The rules include
guidelines on consumer protection, anti-money laundering compliance
and cybersecurity. The NYDFS has received 25 BitLicense
applications to date.
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