As any founder knows, operating in the blockchain space requires navigating a myriad of regulatory regimes. While every product and token are different, below are 6 key questions that any founder should ask themselves as they...more
Venture investments in blockchain companies are often similar to investments in traditional, high-growth technology startups. However, there are a few differences any company or investor should know about...more
Venture capital investors in blockchain companies often require formal rights to receive tokens or other digital assets created by those companies. Typically, these rights are provided through an instrument called a “token...more
In its continued effort to establish itself as the go-to jurisdiction for digital asset businesses, Wyoming, through its Department of Audit, Division of Banking, recently published a digital asset custody regime for its...more
12/4/2019
/ Bank Secrecy Act ,
Bitcoin ,
BitLicense ,
Blockchain ,
Cryptocurrency ,
Depository Institutions ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Licensing Rules ,
Money Transmitter ,
Regulatory Burden ,
Regulatory Requirements ,
Sandbox ,
Special Purpose Entities ,
Startups ,
State and Local Government ,
Virtual Currency
The juxtaposition of two recent SEC enforcement actions against token issuers may shed some light on the regulator’s evolving regulatory framework....more
11/7/2019
/ Blockchain ,
Cryptocurrency ,
Disparate Treatment ,
Enforcement Actions ,
Ether ,
Initial Coin Offering (ICOs) ,
Purchase Agreement ,
Restraining Orders ,
Secondary Markets ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Token Sales ,
Unregistered Securities
We’ve previously written that the Token Taxonomy Act first introduced to Congress by Representatives Warren Davidson (R-OH) and Darren Soto (D-FL) on December 20, 2018, was a welcome legislative initiative designed to provide...more