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Deborah Kovsky-Apap, a partner with Troutman Pepper Locke, was quoted in the March 10, 2026 Money Check article, “Treasury Sends Congress Crypto Report Under GENIUS Act Mandate.”
Deborah Kovsky-Apap, a partner at Troutman Pepper Locke, said the measure “draws some lines on when a token is treated like a security and when it becomes a digital commodity.”
…
Kovsky-Apap said a token tied to the value of a company is more likely to be treated as a security. Tokens traded openly and not tied to one company are more likely to be seen as commodities.
That classification may also change over time. Kovsky-Apap said a digital asset can move into a different category if its use and market access change.
Speaking Engagements
Governmental Hospitals In Bankruptcy: An Immovable Object Meets An Irresistible Force
April 17, 2026 | 4:00 PM – 5:00 PM ET
Hilton Atlanta
255 Courtland Street NE, Atlanta, GA 30303
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2026 ACA Conference
April 17, 2026 | 8:30 AM – 9:15 AM CT
Omni Nashville Hotel
250 Rep. John Lewis Way South, Nashville, TN 37203
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myLawCLE | College Athletes as Enterprise: NIL Deals, Revenue Sharing, and Post-House NCAA Enforcement
April 16, 2026 | 1:00 PM – 4:05 PM ET
Open for Registration Online
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26th IBA/ABA Annual US and Europe Tax Practice Trends Conference: “Emerging Company Tax Issues” Panel
April 16, 2026 | 11:30 AM – 1:00 PM
The Westin Excelsior
Rome, Italy
