Old Is New: SEC Issues TurnKey Jet No-Action Letter
Late last week, the SEC issued a no-action letter widely hailed as its first on a blockchain-based digital token for private jet services. In its…
Blockchain & E-Transactions Law
SEC Seeks Input On Custody Issues Arising From Digital Assets
This week, the SEC's Division of Investment Management issued a letter seeking industry and public input on custody issues arising from digital assets. The "Custody…
Congress Considering New Blockchain, FinTech Legislation
This term, Congress is set to consider several bills—each with bipartisan sponsorship—targeting the fields of blockchain, cryptocurrency, and fintech. This spurt of legislative activity indicates…
The SEC Solicits Blockchain Analysis Service
The Securities and Exchange Commission issued a Sources Sought Notice on January 31, 2019, seeking a private vendor "to support the goal of acquiring data…
The SEC’s State of Play on Cryptocurrency
In an article published in the latest issue of the Journal of Robotics, Artificial Intelligence & Law (RAIL), Tom Potter discusses the current state of…
Cryptocurrency Firm Bitwise Asset Management Seeks SEC Review of New Bitcoin ETF
According to an initial registration statement published on January 10, the cryptocurrency index fund provider Bitwise Asset Management has applied with the U.S. Securities and…
Brexit Uncertainty Threatens the U.K.’s Fintech Prominence
London is considered the European capital for fintech, and the third global tech start-up ecosystem, behind only Silicon Valley and New York. In the past…
SEC Charges Hip-Hop Artist and Boxer for Unlawfully Promoting ICOs
On November 29, the Securities and Exchange Commission (SEC) announced in a press release that it has settled charges against two celebrities for promoting investments…
SEC Loses Injunction Bid on Crypto ICO
Earlier this week, SEC Enforcement staff lost a bid for a preliminary injunction against a prospective ICO in its pre-offering testing phase. Blockvest was preparing…
SEC Offers Compliance Guidance and Highlights Recent Enforcement Actions Involving Blockchain Technologies
In a November 16, 2018 Statement on Digital Asset Securities Issuance and Trading, the Securities and Exchange Commission (SEC) announced its current position on regulation…