Ximeng (Sammy) Tang

Ximeng (Sammy) Tang is an associate in Goodwin’s Financial Services group, and a member of the firm’s Banking, Consumer Financial Services, Fintech and Digital Currency & Blockchain practices. She advises financial institutions and fintech companies on complex, multi-jurisdictional banking laws and consumer financial services regulations. Sammy counsels clients in structuring and papering lending, payments and deposit products and programs, including drafting and negotiating bank partnership agreements, preparing consumer-facing disclosures and terms, and evaluating state and federal level regulatory risks. Sammy also regularly represents financial services providers in state license applications and regulatory investigations, inquiries, and enforcement actions.

Sammy advises payment platforms, blockchain and virtual currency companies on FinCEN’s money service business (MSB) regulations and anti-money laundering requirements. She works with Web3 and DeFi protocols to identify regulatory risks and develop practical compliance strategies. Sammy also advises clients on diligence matters related to the investment in or acquisition of blockchain and fintech businesses.

• Represents domestic and international payment companies in developing US-compliant products and services
• Advises clients in structuring alternative lending structures
• Provides advice regarding state financial licensing and compliance obligations
• Represents fintech companies in establishing bank partnership arrangements
• Advises clients on due diligence and regulatory matters in investment, asset sale and merger transactions
• Structures compliant products and services for blockchain innovators

Sammy is a member of the New York City Bar Consumer Affairs Committee.

Prior to joining Goodwin, Sammy was an associate in the New York office of Sullivan & Cromwell LLP. In law school, Sammy was an articles editor on the Columbia Law Review and served as a judicial extern to the Honorable Colleen McMahon of the U.S. District Court for the Southern District of New York.

• Co-Author, “Significant State Regulatory Development in the Virtual Currency Industry in California and New York,” Goodwin Fintech Flash, April 30, 2024
• Co-Author, “Navigating the Hazy Landscape: Challenges and Solutions in Cannabis Payment Processing,” Goodwin Fintech Flash, March 5, 2024
• Author, “US Money Transmission Regulations and Decentralized Payment Platforms,” Journal of Payments Strategy & Systems, Volume 17, No. 3, 2023
• Speaker, “Nevada Enacts First-of-Its-Kind Licensing Law for Earned Wage Access Services,” Goodwin Webinar, June 22, 2023
• Co-Author, “5 Things You Need To Know About Launching Fintech Products in The US,” Westlaw Today, May 2, 2023
• Co-Author, “Five Things You Need to Know About Launching Fintech Products in the US,” Goodwin Fintech Flash, April 28, 2023
• Co-Author, “CFPB to Supervise Fintechs Based on Consumer Risk,” Goodwin Alert, May 10, 2022
• Co-Author, “White House Issues Crypto Executive Order: Appears to Acknowledge Crypto and Blockchain Are Critical and Here to Stay; Studies and Reports to Follow,” Goodwin Alert, March 16, 2022
• Author, “Seventy Years after Howey: An Overview of the SEC’s Developing Jurisdiction Over Digital Assets,” American Bar Association Business Law Today, October 12, 2018