Blockchain & E-Transactions Law
10.16.2018 | by:
Rachel R. Friedman
On October 3, 2018, the Securities and Exchange Commission sued Blockvest LLC and its founder Reginald Buddy Ringgold, III for falsely claiming that its initial…
10.5.2018 | by:
Katherine West
In Commodity Futures Trading Commission v. My Big Coin Pay, Inc., --- F. Supp. 3d ---, 2018 WL 4621727 (D. Mass. Sept. 26, 2018), the…
09.19.2018 | by:
Thomas K. Potter III
After Bitfinex, the CFTC issued its Proposed Interpretation on "Retail Commodity Transactions Involving Virtual Currency." Proposed Interpretation, 82 Fed. Reg. 60335 (CFTC Dec. 20, 2017).…
09.18.2018 | by:
Thomas K. Potter III
In a series of 2015 decisions, the CFTC determined that virtual currency is a commodity subject to its jurisdiction. In a 2016 settled enforcement action,…
09.17.2018 | by:
Thomas K. Potter III
The 2011 Dodd-Frank Act amended the CFTC's jurisdiction to authorize regulation of "retail commodity transactions offered 'on a leveraged or margined basis, or financed by…
09.14.2018 | by:
Thomas K. Potter III
Prior to Dodd-Frank, the CFTC and Courts recognized a distinction between traded futures contracts subject to CFTC jurisdiction and individualized non-exchange-traded contracts for the present…
09.13.2018 | by:
Thomas K. Potter III
On September 11, FINRA announced its filing of an enforcement action accusing a Massachusetts broker of fraud and registration violations arising from his sale of…
09.11.2018 | by:
Thomas K. Potter III
On September 11, the SEC announced a pair of settled cryptocurrency enforcement actions. The first was against an unregistered digital-asset hedge fund. The second shut…
09.11.2018 | by:
Thomas K. Potter III
This is Part 3 of a seven-part series of posts looking at some broad legal issues affecting crypto-currencies. A. Regulatory Catch-Up. As is often true…
09.10.2018 | by:
Kristen Peters Watson
Last October, the Uniform Law Commission released the Uniform Regulation of Virtual-Currency Business Act (VCBA), which sets forth extensive requirements applicable to persons or entities…