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
8/24/2020
/ Appellate Courts ,
Bitcoin ,
Blockchain ,
Canada ,
Coinbase ,
Cryptocurrency ,
Ethereum ,
Federal Reserve ,
Fraudulent Investment ,
Money Transmission Act ,
Opinion-Based Content ,
Russia ,
Securities and Exchange Commission (SEC) ,
Summary Judgment
The U.S. Securities and Exchange Commission (SEC) recently settled enforcement actions against two private equity fund advisers within days of each other. Both actions involved violations of the Investment Advisers Act of...more
On March 12, 2020, the Securities and Exchange Commission (SEC) announced a settlement with Texas-based exempt reporting adviser Naya Ventures, LLC (Naya) and its two founders for failure to disclose several conflicts of...more
US Developments -
Hawaii Launches Digital Currency Sandbox -
On March 17, Hawaii’s Department of Commerce and Consumer Affairs announced the launch of its Digital Currency Innovation Lab pilot program in conjunction with...more
U.S. Developments -
Regulatory -
VanEck/SolidX Bitcoin ETF Proposal Withdrawn.
Facing an October 18 deadline for the Securities and Exchange Commission (“SEC”) to approve or disapprove, Cboe BZX Exchange withdrew the...more
9/26/2019
/ Blockchain ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
ETFs ,
Exchange-Traded Products ,
Financial Institutions ,
Initial Coin Offering (ICOs) ,
Popular ,
Securities and Exchange Commission (SEC)
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
2/7/2019
/ Bitcoin ,
Blockchain ,
Canada ,
Cryptocurrency ,
Distributed Ledger Technology (DLT) ,
Foreign Exchanges ,
Initial Coin Offering (ICOs) ,
Iran ,
ISDA ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Securities and Exchange Commission (SEC) ,
Smart Contracts ,
South Korea ,
SWIFT ,
Trading Platforms ,
United Arab Emirates (UAE)
Upcoming Bitcoin exchange-traded funds (“ETF”) Decisions -
On January 4, 2018, NYSE Arca filed a proposed rule change to list 9 Bitcoin ETFs. Subsequently, the time for the Security Exchange Commission (“SEC”) to approve or...more
11/13/2018
/ Anti-Money Laundering ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Distributed Ledger Technology (DLT) ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
FINMA ,
Initial Coin Offering (ICOs) ,
Popular ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
UK ,
Virtual Currency