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Bennett Jones LLP

Deciding on a Digital Dollar: The Necessary Steps for Canada

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Key Takeaways from a Second Virtual Workshop with Canadian and International Experts on the Digitalization of Money - On April 26, 2022, the Centre for International Governance Innovation and Bennett Jones hosted a virtual...more

Bennett Jones LLP

Cryptocurrency Litigation: Traditional Remedies in Modern Circumstances

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Ontario Superior Court Issues an Anton Piller Order in Connection with Alleged Cryptocurrency Theft - Previously under seal and only recently released to the public, the Ontario Superior Court’s decision in Cicada 137 LLC v...more

Bennett Jones LLP

Canada and the Digitalization of Money: Key Takeaways from a Virtual Workshop of International and Canadian Experts

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Key Takeaways from a Virtual Workshop of International and Canadian Experts - Canada and the Digitalization of Money is a report of a virtual conference of international and Canadian experts, organized by Bennett Jones and...more

Perkins Coie

Blockchain Week in Review - August 2020 #2

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U.S. Developments - California Appellate Court Upholds Coinbase Summary Judgement - On August 10, California’s First Appellate Court sustained a summary judgment from a lower court in favor of Coinbase against plaintiff...more

Bennett Jones LLP

Lessons in Digital Asset Recovery

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AA v Persons Unknown - The frequency of ransomware attacks has increased in 2020, including in the wake of the COVID-19 pandemic. Further, ransomware attacks have become more sophisticated as their perpetrators seek to...more

Perkins Coie

Blockchain Week in Review - July 2019

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U.S. Developments - Regulatory Developments - SEC and FINRA Issue Joint Statement on Digital Asset Custody Issues - On July 8, 2019, the U.S. Securities and Exchange Commission (SEC) and the Financial Industry...more

Perkins Coie

Blockchain Week in Review - June 2019

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U.S. Developments - SEC Sues Social Media Company Kik over Digital Coin Offering - The Securities and Exchange Commission (“SEC”) sued Kik Interactive Inc. (“Kik”) in federal court in Manhattan this week, arguing that...more

Perkins Coie

Blockchain Week in Review - March 2019 #2

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U.S. Developments - Denver to Implement Blockchain-Based Elections for Overseas Voters - Denver moves to become the second U.S. jurisdiction to implement a blockchain-based voting system for overseas voters. Active duty...more

Perkins Coie

Blockchain Week in Review - February 2019 #2

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U.S. Developments - Florida Court of Appeals Rules That Direct Sales of Bitcoin Constituted Money Transmission and the Sale of Payment Instruments - Reversing the order issued by the Miami-Dade County Circuit Court, the...more

Perkins Coie

Blockchain Week in Review - February 2019

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U.S. Developments - Kik Publicizes Response to Possible SEC Enforcement - On January 27, the Wall Street Journal published an article describing the impending legal battle over cryptocurrency Kin and its 2017 ICO. That...more

Polsinelli

Spectacular Failure of Canadian Cryptocurrency Exchange Provides $190 Million Lesson on the Need for Digital Asset Compliance...

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QuadrigaCX, one of the largest Canadian cryptocurrency exchanges, recently left users in the lurch when it took its website offline and filed for creditor protection in Nova Scotia. ...more

Katten Muchin Rosenman LLP

Bridging the Weeks - June 2018 #2

Last week, a senior official of the Securities and Exchange Commission said that Bitcoin and Ether are not securities and that there might be circumstances when a utility token is also not a security. The same official and...more

Bennett Jones LLP

Shapeshifting Cryptoassets

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As cryptocurrencies and blockchain assets become more popular and begin to permeate into the wider financial markets, regulators have struggled to understand how they work and how to treat them under existing legal...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A political crisis in Rome has economics [at least partially] and EU commitment at its core and is reminding some observers of the Greece morass of a few years back. The uncertainty the situation’s creating is not expected to...more

Bennett Jones LLP

The Power of Decentralization in Blockchain

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The most exciting thing about blockchain is the concept of decentralization. This is a powerful idea—that business transactions can take place worldwide without a central authority governing them. The idea launched a...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2018 #3

An Interview with Bill Raney, President of West Virginia Coal Association - Nick Preservati, Co-Chair of Spilman's Energy Practice Group, recently sat down with Bill Raney, President of the West Virginia Coal Association...more

Bennett Jones LLP

Bartering with Bitcoin: Canadian Tax Implications of Using Cryptocurrency in Business Transactions

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Are you considering accepting cryptocurrencies (e.g., Bitcoin, Litecoin) from your customers as payment in lieu of traditional government-issued currency? If so, you are not alone. Numerous businesses in a wide range of...more

Bennett Jones LLP

Getting In on Bitcoin: Canadian Income Tax Implications of Cryptocurrencies

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Are you contemplating the acquisition of a cryptocurrency such as Bitcoin or Litecoin? The reasons for, and circumstances surrounding, such acquisitions vary widely, including "crypto-mining" activities, buying and selling...more

Bennett Jones LLP

Cybersecurity Uncertainty for Cryptocurrencies

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There is a lot of money—both fiat and virtual—in cryptocurrencies. The growth of these blockchain-based online assets made headlines throughout 2017. The price of Bitcoin, likely the best-known cryptocurrency, rose from...more

Blake, Cassels & Graydon LLP

Litigation Notes on Bitcoin and Other Cryptocurrencies

Cryptocurrency is evolving and with that, a plethora of legal issues are likely to arise. That will undoubtedly create the requirement for courts to apply not only new remedies to address claimed wrongdoings related to...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2017 #2

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$64 Million in Bitcoin Stolen from NiceHash - Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...more

Pillsbury Winthrop Shaw Pittman LLP

Initial Coin Offerings (ICOs): The Current State of Play

The ICO boom in 2017 brings with it questions of jurisdiction and compliance, and a need for further guidance - The benefits of ICOs in raising capital, as well as in providing a marketing push for a new business model,...more

Blake, Cassels & Graydon LLP

Canadian Securities Regulators Clear a Path for Bitcoin Funds

The British Columbia and Ontario securities regulators have taken a leap forward in the regulation of bitcoin and other cryptocurrencies with the first registration of a fintech start-up, First Block Capital Inc., which...more

Blake, Cassels & Graydon LLP

Industry Responds to CSA Guidance on Cryptocurrency Offerings

The rise in popularity of cryptocurrencies and the spread of cryptocurrency offerings have attracted increased attention from securities regulators in Canada and abroad. Recently, staff of the Canadian Securities...more

Perkins Coie

Blockchain Week in Review – September 2017 #7

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Below is a summary of some of the significant legal and regulatory actions that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of...more

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