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First Token Offering Qualified by the SEC Under Regulation A

On July 10, 2019, Blockstack Token LLC (“Blockstack”), a wholly-owned subsidiary of Blockstack PBC, a Delaware public benefit corporation, became the first company to have an offering of digital assets qualified by the U.S....more

First SEC Enforcement Action Against Unregistered Digital Token Exchange

Until November 8, 2018, the enforcement actions of the U.S. Securities and Exchange Commission (SEC) in the digital token (aka cryptocurrency) space have primarily focused on the primary issuances of tokens. However, on...more

Do You Want to Launch an ICO? Please, Listen to the SEC.

A brief discussion regarding the SEC’s guidance provided to ICO market participants over the past year. On January 22, 2018, the Chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, gave opening...more

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