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BakerHostetler

Weekly Blockchain Blog - November 2024 #3

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Crypto Exchanges and Stablecoin Issuers Announce Multiple New Products - Multiple crypto sector companies have recently announced new products. In a press release, LayerZero, “an omnichain interoperability protocol that...more

Barnea Jaffa Lande & Co.

Decentralized Finance (DeFi) –The Future of Finance?

Barnea Jaffa Lande & Co. on

The first cryptocurrency, Bitcoin, is still the most well-known application of blockchain. However, this technology has since rapidly evolved and expanded in many other areas. The initial hope with Bitcoin was to make both...more

Carlton Fields

State Regulations on Virtual Currency and Blockchain Technologies (Updated July 2020)

Carlton Fields on

There exists no uniformity with respect to how businesses that deal in virtual currencies (also known as "cryptocurrencies") such as Bitcoin are treated among the states. For these proprietors, often the first question asked...more

BakerHostetler

CFTC Approves Bitcoin Futures, Crypto Initiatives Launch, Blockchain Traceability and Energy Solutions Deployed, South Africa and...

BakerHostetler on

CFTC Approves Bitcoin Futures and Prosecutes Fraud, Amicus Brief Filed in Kik Case - The Commodity Futures Trading Commission (CFTC) has issued an Order of Designation to Bitnomial Exchange, LLC, granting it status as a...more

BakerHostetler

Bitcoin and Blockchain Products Launch in Financial Products and Data Management, Reports Address Crypto Regulatory Risks,...

BakerHostetler on

Bitcoin and Blockchain Financial Products Launch in Public Funds, Commodities, Debit Cards and Mining “Hash Contracts” - According to an April 9 press release, a Canadian asset manager has become the first firm to launch a...more

Latham & Watkins LLP

2019 Digital Asset Regulatory Look Back (US Edition)

Latham & Watkins LLP on

It was a year filled with tantalizing tidbits and many loose ends. 2019 marked the 10th year since blockchain technology was released into the wild by its still unknown inventor, Satoshi Nakamoto, who mined the first bitcoin...more

The Volkov Law Group

An Introduction To Libra – Facebook’s Foray into Cryptocurrency and its Regulatory Hurdles

The Volkov Law Group on

Matt Stankiewicz, Senior Associate at the Volkov Law Group, rejoins us for an interesting posting on Facebook’s cryptocurrency plans. It was inevitable. With the continuing growth of the cryptocurrency industry, major...more

Burr & Forman

Some Legal Issues Surrounding Blockchain and Cryptocurrency Part 2: Regulation of ICOs.

Burr & Forman on

This is Part 2 of a seven-part series of posts looking at some broad legal issues affecting crypto-currencies. State and federal regulators, especially the SEC, have moved aggressively to halt unregistered initial coin...more

Bryan Cave Leighton Paisner

Digital Currencies and Blockchain Technology Explained

Digital currencies are monetary units of exchange stored or represented in a digital or other electronic format that operate like currency in some environments, but that do not have legal tender status in any jurisdiction....more

Davis Wright Tremaine LLP

Plus ça change…NYDFS releases final BitLicense regulations

The New York State Department of Financial Services (NYDFS) released final BitLicense regulations on June 3, 2015, almost eleven months after the initial BitLicense proposal was issued. The initial proposal went through two...more

Katten Muchin Rosenman LLP

DFS Superintendent Lawsky Discusses Revised BitLicense Framework

On December 18, New York State Department of Financial Services (DFS) Superintendent Benjamin Lawsky delivered remarks on the revised BitLicense framework at the Bipartisan Policy Center in Washington, DC. If adopted, the...more

BakerHostetler

The Empire State Strikes Back: New York Proposes Rules for Virtual Currency

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The New York State Department of Financial Services (the “Department”) recently published its proposed rules and regulations (the “Proposed Rules”) for vendors conducting business involving virtual currency. The Proposed...more

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