Kelly Conway, general counsel and corporate secretary of Linden Research Inc., helped the virtual worlds developer best known for Second Life navigate fresh regulations related to virtual currencies by establishing a compliance subsidiary, hiring a chief compliance officer, and implementing anti-money laundering procedures.

The No. 1 issue that keeps me and my clients up at night is …

Reconciling evolving and increasingly disparate U.S. and EU (and RoW) laws and regulations, and divining how various laws will eventually apply to new or disruptive products or services.