The SEC has been busy over the past couple of weeks addressing blockchain and crypto-related issues.
ETF Activity -
The SEC rejected, for a second time, a request by the Winklevoss brothers for a Bitcoin exchange-traded...more
As we have previously reported, the number of blockchain patents being filed and granted is continuing to increase. According to a Thomson Reuters report, 225 out of the 406 blockchain patents (55.4%) filed in 2017 came from...more
5/23/2018
/ Blockchain ,
Cryptocurrency ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Intellectual Property Protection ,
Patent Applications ,
Patents ,
Popular ,
Technology Sector ,
Token Sales ,
Video Games
The use of blockchain technology for crypto games and token-based digital collectibles is on the rise. One of the first crypto games of note was CryptoKitties. It may turn out that CryptoKitties becomes to crypto games what...more
5/11/2018
/ Bank Secrecy Act ,
Blockchain ,
Cryptocurrency ,
Digital Currency ,
FinCEN ,
Gambling ,
Initial Coin Offering (ICOs) ,
Money Transmitter ,
Patent Applications ,
Patents ,
Popular ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Securities Exchanges ,
Technology Sector ,
Token Sales ,
Unregistered Securities ,
Video Games ,
Virtual Currency
Blockchain technology is finding its way into every industry. Healthcare is no exception. According to a recent report by Deloitte, “blockchain technology has the potential to transform health care, placing the patient at the...more
4/4/2018
/ Blockchain ,
Data Management ,
Data Privacy ,
Data Security ,
Health Care Providers ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Information Technology ,
Medical Records ,
Patents ,
Patients ,
Smart Contracts ,
Technology Sector
As the number of blockchain-based patents and patent applications increases, more companies have become interested in pursuing these patents. Other companies still think that blockchain-based inventions are not patentable....more
4/2/2018
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Divided Infringement ,
Ethereum ,
Intellectual Property Protection ,
Inventions ,
Patent Applications ,
Patent Infringement ,
Patent-Eligible Subject Matter ,
Patents ,
Prior Art ,
Section 101 ,
Technology Sector ,
USPTO
Cryptocurrencies and blockchain technology are rapidly emerging as disruptive technologies. As has happened with many new technologies, particularly disruptive ones, a patent arms race is occurring. The number of patents...more
1/17/2018
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Design Patent ,
Intellectual Property Protection ,
Patent Applications ,
Patentability Search ,
Patents ,
Popular ,
Supply Chain ,
Technology Sector ,
USPTO ,
Utility Patents
The SEC issued a cease and desist order against Munchee’s $15 million ICO, opining that the tokens were securities for which no there was registration statement filed or in effect with the Commission nor a qualifying...more
The SEC has opined that, depending on the facts and circumstances of each individual ICO, the virtual coins or tokens that are offered or sold may be securities. If they are securities, the offer and sale of these virtual...more
The pro-bitcoin legislation trend continues. This month New Hampshire passed legislation that exempts persons using virtual currency from registering as money transmitters. Specifically, the law amends existing RSA 399-G,...more
Nevada has passed a pro-blockchain law that recognizes blockchain technology as a type of electronic record for the purposes of the Uniform Electronic Transactions Act and prohibits taxation and regulations regarding the use...more