On February 6, 2020, SEC Commissioner Hester Peirce presented her proposal of a new regulatory scheme for legal ICOs in the United States (“Safe Harbor”). To date, token issuers have struggled with the U.S. Securities and...more
2/10/2020
/ Anti-Fraud Provisions ,
Blockchain ,
Digital Assets ,
Grace Period ,
Howey ,
Initial Coin Offering (ICOs) ,
Investment Contract ,
New Regulations ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Token Sales
On January 14, 2020, the Securities and Exchange Commission (the "SEC") issued an investor alert urging investors to use caution before investing in initial exchange offerings ("IEOs").
In contrast with an Initial Coin...more
1/23/2020
/ Alternative Trading System (ATS) ,
Cryptocurrency ,
Digital Assets ,
Fraud Alerts ,
Initial Coin Offering (ICOs) ,
Initial Exchange Offering (IEO) ,
Investors ,
Registration Requirement ,
SEC Examination Priorities ,
Token Sales ,
Virtual Currency
It is official. Finally. On October 10, 2019, the Commodity Futures Trading Commission (“CFTC”) Chairman Heath Tarbert announced that he believes ether is a commodity and thus falls under the jurisdiction of the CFTC....more
10/11/2019
/ Blockchain ,
CFTC ,
Commodities ,
Cryptocurrency ,
Derivatives ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Ether ,
Howey ,
Initial Coin Offering (ICOs) ,
Investment Contract ,
Investors ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Trading Platforms
Really? According to the website created by Tomahawk Exploration LLC (Tomahawk), in connection with its Initial Coin Offering (ICO) for its Tomahawk tokens (TOM), the ICO represented “a substantial investment opportunity . ....more
SEC Halts ICO After Finding that Tokens are Securities -
Remember in July of this year when the Securities and Exchange Commission (SEC) said in its Decentralized Autonomous Organization (DAO) Report that "U.S. federal...more
In the wild west of token sales, that some refer to as “initial token offerings,” on July 25, the SEC finally jumped into the fray and said . . . well, actually, not that much. The SEC investigated Slock.it, a decentralized...more