Data Privacy in a Post-Murphy Landscape

Bitcoin, Blockchain and the Law, Blockchain, Innovation, Opinion, Regulation | January 10, 2019 By:

The Supreme Court’s decision in Murphy v. National Collegiate Athletic Association (“Murphy”), which removed the barrier to legalized sports betting, has not only opened the door to traditional sports betting in casinos, but in certain states, has allowed for the expansion of sports betting to online and mobile platforms.

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SEC Adopts Final Rules For Regulation A Exemption On Securities

Bitcoin, Blockchain and the Law, Blockchain, Investing, Regulation | December 19, 2018 By:

In an important ruling for crypto and blockchain firms, the Securities and Exchange Commission has adopted final rules to allow reporting companies to rely on the Regulation A exemption from registration for their securities offerings.

“Regulation A provides an exemption from registration under the Securities Act for offerings of securities up to $50 million in a 12-month period,” 

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Cryptocurrency Trading Markets: Observations On The Intersection of Law and Technology

Bitcoin, Blockchain and the Law, Opinion, Regulation | December 16, 2018 By:

Many practitioners are familiar with best practices for know your customer (KYC) and anti-money laundering (AML) checks, as well as accredited investor verification as part of a security token offering.

However, compliance responsibilities for broker dealers and issuers do not end with the issuance of tokens.

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Blockchain, AI and the Legal System – Will Tech Lead The Law?

Bitcoin, Blockchain and the Law, Blockchain, Opinion, Regulation | November 24, 2018 By:

Artificial intelligence is fashionable. It is mentioned in the board meetings of marketing companies, logistics, the financial industry, health and many others. This technology brings a level of autonomy to digital systems. But, on several occasions, the digital services collided and even came into conflict with the application of the law.

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Digital Currencies Regulatory Landscape: Recent Enforcement Developments

Bitcoin, Blockchain and the Law, Blockchain, News, Regulation | September 25, 2018 By:

On September 11, 2018, US financial regulatory authorities and a New York Federal District Court were busy enforcing the federal securities laws against virtual currency companies. On that day, four important virtual currency-related enforcement decisions were delivered:

  1. The Financial Industry Regulatory Authority (FINRA) issued its first disciplinary action involving cryptocurrencies.

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Some ICOs Can Be Considered Securities Under US Law, Federal Judge Rules

Bitcoin, Blockchain and the Law, News, Regulation | September 12, 2018 By:

US securities laws cover some initial coin offerings (ICO), a federal judge has ruled, opening the door for increased government regulation of domestic ICOs.

In US V. Zaslavskiy, 17-cr-0647, U.S. District Court for the Eastern District of New York (Brooklyn), a man was charged with promoting digital currencies backed by investments in real estate and diamonds.

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Cryptocurrency US Regulatory Framework – A Draft Proposal

Bitcoin, Blockchain and the Law, Opinion, Regulation | September 6, 2018 By:

William Hinman, Director of the Division of Corporate Finance of the U.S. Securities and Exchange Commission (SEC), recently made comments foreshadowing the SEC’s inevitable treatment of cryptocurrencies, indicating that a certain degree of decentralization among a coin or token’s management and promoters could cause it to fall outside of the definition of a security. 

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