News & Analysis as of

Online Gaming Digital Currency

Morrison & Foerster LLP

Taming Unikrns? The SEC’s Recent Digital Asset Offering Enforcement Actions

So far in 2020, the U.S. Securities and Exchange Commission (SEC) has brought fifteen enforcement actions in the offerings of digital assets space. Three of these actions do not involve fraud; rather, they allege solely...more

Burr & Forman

POQ No-Action Letter: DLT “Arcade Tokens” Aren’t Securities

Burr & Forman on

Last week, the SEC’s Corporate Finance division issued its second no-action letter supporting a digital token issue.  On July 25, 2019, the Staff agreed it would not recommend enforcement action over the issuance of Quarters...more

Stinson - Corporate & Securities Law Blog

SEC Issues No-Action Letter for Gaming Tokens

The SEC has issued a no-action letter to Pocketful of Quarters, Inc., or PoQ, regarding the sale of gaming tokens called Quarters to be used on the Quarters Platform to play Participating Games....more

Sheppard Mullin Richter & Hampton LLP

Weekly Web Wrap-Up

Welcome to Sheppard Mullin’s Weekly Web Wrap-Up, a quick list of the past week’s top news in the social media, gaming, and virtual goods and currencies industries curated by Social Media & Games Team. Here are some of the...more

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