News & Analysis as of

Blockchain

SEC Issues Cease and Desist Order and Further Guidance on ICOs

by Goodwin on

On December 11, 2017, the U.S. Securities and Exchange Commission (SEC) issued a cease-and-desist order to Munchee Inc. (Munchee), a company that was in the process of a $15 million initial coin offering (ICO), for selling...more

When Does Software Become Securities?

The SEC Munchee Order and Chairman’s Statement - On December 11, 2017, the U.S Securities and Exchange Commission (“SEC”) issued a cease and desist order (“Order”) against Munchee, Inc.’s (“Munchee”) $15 million Initial...more

SEC Charges Firm Selling Digital Coins With Sale of Unregistered Securities

by Dorsey & Whitney LLP on

The creation of a unique digital coin or token such as Bitcoin, Ether or fiat currency tied to blockchain or cryptographically-secured ledger has become a controversial but expanding form of payment in some circles. Some...more

SEC Takes $15 Million Bite Out of an ICO

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

Does the ICO Open a New Chapter for RE Crowdfunding?

by Dechert LLP on

Back in July of 2015, we blogged about “Current Marketplace Trends in Real Estate Crowdfunding”. How young and breathless we were, in hindsight, now that we’re tapped into the Next Big ICO thing. Yes, the “fintech” world...more

SEC Continues Crackdown On Initial Coin Offerings With Cease-And-Desist Order

by Fox Rothschild LLP on

The Securities and Exchange Commission announced yesterday that a California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering...more

SEC Halts Initial Coin Offering; Chair Clayton Speaks

Munchee Inc., a California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the SEC. Munchee Inc....more

Bridging the Week - December 2017 #2

by Katten Muchin Rosenman LLP on

First Cash-Settled Bitcoin Futures Contract Begins Trading on CFTC-Overseen Exchange; Industry Organization Bemoans Self-Certification Process: The CBOE Futures Exchange commenced trading of Bitcoin Futures last night –...more

Blockchain & Transportation: Home Run or Hype?

by Benesch on

Technology has increasingly served a critical—and sometimes transformational—role for providers and commercial users of transportation and logistics services. Automation, 3D printing, the Internet of Things, mobile...more

InterConnect - Fall 2017

by Benesch on

Many outside of over-the-road motor carriers are taking notice of the looming Electronic Logging Device Mandate (ELD Mandate). We are seeing raised hands with many questions and some confusion at this very moment from a wide...more

France's Financial Markets Authority Considers Its Options for Regulating Initial Coin Offerings

by K&L Gates LLP on

On 26 October 2017, France’s Financial Markets Authority, the “Autorité des Marchés Financiers” (“AMF”), published a discussion paper focusing on initial coin offerings (“ICOs”) that highlights the (many) dangers that arise...more

Brussels Regulatory Brief: December

by K&L Gates LLP on

On 10 November 2017, the European Union (“EU”) General Court (“GC”) rendered a judgment partially annulling the European Commission’s (“Commission”) decision fining a broker for its involvement in the Libor Yen interest rate...more

At the End of Your Tether: Addressing, Responding to and Insuring Cryptocurrency Theft

by Reed Smith on

On November 20-21, 2017, Tether, the company behind USDT – a digital token backed by fiat currencies like the dollar and euro – disclosed that a hack resulted in the loss of $30.95 million worth of tokens. Tether posted an...more

SEC Investor Advisory Committee Discusses Blockchain’s Effect on Markets

The effect of Bitcoin on securities markets and enhanced measures related to retail investors were the focus at the October meeting of the Securities and Exchange Commission’s (SEC) Investor Advisory Committee (Committee)....more

Blockchain Energizer – Volume 18

by K&L Gates LLP on

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $1.4...more

French Regulators Launch Public Consultation for Initial Coin Offerings

by Jones Day on

The Situation: French investors continue to show interest in initial coin offerings. The Result: The French Financial Market Authority has launched a public consultation to assess whether ICOs might fall within the scope...more

The Risks Of Cryptocurrency And How The Government Will Protect Consumers

by Ifrah PLLC on

Bitcoin and a host of cryptocurrencies have taken both Wall Street and Main Street by storm in 2017. The nearly continuous gains in the price of Bitcoin have spawned numerous imitators and led a number of companies to raise...more

Third Class Action for Tezos ICO

For the third time this month, the Tezos blockchain project is the subject of a class action complaint for claims arising from their $232 million July initial coin offering (“ICO”). Consistent with both prior lawsuits, the...more

Antitrust, Competition and Economic Regulation Quarterly Newsletter - Autumn 2017

by Hogan Lovells on

First come, first served. That’s not the principle behind the clearance of Bitcoin transactions. Equally for other blockchain technology networks, the relevant factor to get a transaction on the next available block is not...more

Blockchain: Use Case – Copyright

by Hogan Lovells on

In the context of the digital use of copyrighted works, the concept of the “value gap” has been around for some time. The question is whether authors and rights holders are sufficiently involved in the revenues generated by...more

Blockchain - More than Digital Currency

by Fisher Phillips on

Blockchain Technology, the underlying system of Bitcoin, could help democratize the way we store data, prove ownership, and create verifiable trust relationships. The blockchain is a global, public database, or ledger, of...more

Hardening law, blockchain and managing multi-faceted international legal risk – key themes at this year’s UN Forum on Business and...

by Hogan Lovells on

This week, the UN Forum on Business and Human Rights in Geneva brought together representatives of business, government and civil society for three days of open, frank and constructive dialogue.  ...more

The Future of Financial Services Brief

by BakerHostetler on

On Oct. 6, 2017, BakerHostetler’s Financial Services Industry team, in collaboration with the Ohio Bankers League, held its second annual Financial Services Summit in Columbus, Ohio. The speakers included former Consumer...more

Will Blockchain Technology Transform Dispute Resolution in the Sharing Economy?

by Fisher Phillips on

Over the last few months, there has been a lot of discussion about Blockchain technology and its potential to revolutionize and transform the sharing or gig economy. If you’re like me, your first question might be, “What the...more

Real News - Autumn/Winter 2017

by DLA Piper on

You may have heard about the digital currency known as “Bitcoin”, a system of electronic cash that can be traded peer-to-peer solely via the internet. Whilst Bitcoin’s wild price swings and internet success have been the...more

445 Results
|
View per page
Page: of 18
Cybersecurity

"My best business intelligence,
in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.