John ReVeal

Represent investors, investment firms, and other companies in the M&A process in executing regulatory due diligence on consumer financial services laws, including those implicated by companies offering payments, e-commerce, fintech, digital asset, and retail banking products.

Advised depository, nondepository, and other financial services companies on the applicability of consumer financial services laws such as those governing tax refund anticipation loans, authorized agents and delegates for payment companies, check cashing, and escrow and lender licensing. Created surveys of such laws.

Represented multiple startup clients in corporate and regulation work, including fintechs, stablecoin and NFT issuers, DAOs, DeFi protocols, custodial and noncustodial wallet providers, and mining companies.

Advised digital asset exchange businesses on the implication of federal and state consumer financial services laws, securities laws, and commodity derivative laws.

Counseled various cryptocurrency and fintech companies regarding laws related to payments and banking, including state "money transmitter" laws, federal anti-money-laundering and "money service business" laws, the Electronic Funds Transfer Act and Regulation E, payment association rules, consumer credit laws, state gift certificate laws, state unclaimed property, state and card network surcharge rules, and escheat laws.

Assisted a major bank with operating its card program, ensuring regulatory compliance of prepaid accounts as general-use cards, such as prepaid cards, gift certificates, and store gift cards. Also ensured compliance with laws particular to loyalty, award, or promotional gift cards. Drafted cardholder agreements and executed regulatory due diligence concerning disclosures, notices, marketing, and fees under Regulation E and FDIC rules.

Represented an Indian bank in connection with a loan to a US technology company.