Archives: Cryptocurrency

Institutions Adopt Cryptocurrencies, CFTC Warns on Smart Contracts, “Crypto-sweep” Continues

In this issue: • Cryptocurrency Capital Markets Announcements by Institutional and Startup Firms • Public and Private Blockchain Pilots Announced, CFTC Warns on Smart Contracts • Crack Down on ICOs Continues, U.S. Marshals Prepare to Auction Seized Bitcoin Cryptocurrency Capital Markets Announcements by Institutional and Startup Firms By: Jordan R. Silversmith On Oct. 15, a … Continue Reading

Blockchain Developments: Government, Wine, Journalism, Asset-Backed Tokens, SEC Enforcement and More

By Taylor Thompson, Simone O. Otenaike, Robert A. Musiala and Marc Powers on October 12, 2018 Posted in Blockchain, Cryptocurrency, ICOs, Securities & Exchange Commission

In this issue: • U.S. and International Governments Address Smart Ports, Smart Cities, and Cryptocurrencies • Blockchain Enterprise Developments in Wine, Journalism, Real Estate and Mining • Blockchain Tokens Backed by Real-World Assets Appear to Grow in Popularity • SEC Enforcement Actions Announced, New Data on Cryptocurrency Hacks Published U.S. and International Governments Address Smart … Continue Reading

Blockchain Applications for Enterprise and Payments Evolve, New Legislation Proposed, Mining Malware Surges and a Bitcoin Bug Is Fixed

By Robert A. Musiala, Jaime B. Petenko, Diana Stern, Heather K. P. Fincher and Brian P. Bartish on September 28, 2018 Posted in Blockchain, Cryptocurrency, ICOs

In this issue: • Blockchain Initiatives Pursue Solutions for Refugees, Voting, Smart Cities, Defense and Food Safety • Cryptocurrency Legal Developments: Tax, Proposed Legislation, AML and CFTC • Enforcement Actions Continue, Cryptomining Malware Surges, Token Values Fall • Blockchain Payments Products Advance, Investments Continue and a Bitcoin Bug Is Fixed Blockchain Initiatives Pursue Solutions for … Continue Reading

Stablecoins Launch in US Amid Multiple Securities Enforcement Actions and Bid to Repurpose DoD Data Center for Cryptocurrency Mining

By Brian P. Bartish, Robert A. Musiala, Njeri Chasseau, Jaime B. Petenko and Melonia A. Bennett on September 14, 2018 Posted in Blockchain, Cryptocurrency, ICOs, Securities & Exchange Commission

In this issue: • Stablecoins Launch in US as New Data Cites Drop in ICO Funding • SEC and FINRA Issue First-of-Their-Kind Enforcement Actions • Blockchain Enterprise Developments: Mining, Digital Identities and Food Supply Chain • Cryptocurrencies Continue to Enter Traditional Areas of Financial Crimes Stablecoins Launch in US as New Data Cites Drop in … Continue Reading

Blockchain Developments: Payments, Capital Markets, Enterprise and Patents

By Jonathan D. Blattmachr, Brian P. Bartish and Robert A. Musiala on September 7, 2018 Posted in Bitcoin, Blockchain, Cryptocurrency, Patents

In this issue: • Payments and Capital Markets Blockchain Developments Continue to Progress • Industry and Government Continue to Champion Blockchain Pilots • Newly Released List Ranks Companies with the Most Blockchain Patent Filings Payments and Capital Markets Blockchain Developments Continue to Progress By: Jonathan D. Blattmachr This week saw several blockchain-related developments in the payments … Continue Reading

New Investments and Capital Markets Products, New Crimes and Enforcement Actions

By Simone O. Otenaike, Brian P. Bartish and Jaime B. Petenko on August 17, 2018 Posted in Bitcoin, Blockchain, Cryptocurrency

In this issue: • Capital Markets Firsts for Blockchain Include Bonds, Security Tokens, Exchange Traded Notes • Cryptocurrency Cybercrimes and Enforcement Actions Continue • Blockchain Investment Continues as Businesses Expand Operations Capital Markets Firsts for Blockchain Include Bonds, Security Tokens, Exchange Traded Notes By: Jaime B. Petenko According to an Aug. 10, 2018, press release, … Continue Reading

Buying Coffee with Bitcoin, Tracking Ships with Blockchain, Fighting Financial Crimes and Litigating ICOs

By Brian P. Bartish, Jonathan D. Blattmachr, Marc Powers, Jaime B. Petenko and Diana Stern on August 10, 2018 Posted in Bitcoin, Blockchain, Cryptocurrency, Food Supply Chain

In this issue: • New Solutions Seek to Bring Cryptocurrencies Closer to Mainstream • Blockchain Developments for Shipping, Food, Pharmaceuticals and Diamonds • Cryprocurrency Scams and Enforcement Actions Perpetuate Uncertainty • Analysis: Tezos Securities Class Action Survives Motion to Dismiss New Solutions Seek to Bring Cryptocurrencies Closer to Mainstream By: Jaime B. Petenko This past … Continue Reading

Risk and Regulation in AML/Tax, ICO Scrutiny, Provenance POCs

By Melonia A. Bennett, Robert A. Musiala, John C. McIlwee and Panida A. Pollawit on July 13, 2018 Posted in Cryptocurrency, Global, ICOs

In this issue: • Cryptocurrency Global Regulations Tighten as Financial Crime Risks Intensify • Global Tax Regimes Evolve With Varied Perspectives as Market Seeks Clarity • Latest Trends for ICOs: Success Rate and Government Scrutiny of ICO Scams • Blockchain Piloted to Trace Food, Art and Diamonds to Their Origins Cryptocurrency Global Regulations Tighten as … Continue Reading

This Week in Blockchain: Market Manipulation, ICO Taxation, Enterprise Solution Rollouts, and International Developments

By Stephanie N. Malaska, Robert A. Musiala, Brian P. Bartish and Heather K. P. Fincher on June 15, 2018 Posted in Blockchain, Cryptocurrency

In this issue: • Price Manipulation Suspicions and Hacks Drive Market Volatility • Tax Implications of Initial Coin Offering Events May Be Enormous • Enterprise-backedBlockchain Rollouts Continue to Gain Steam • Foreign Regulatory and Market Environment Continues to Evolve Rapidly Price Manipulation Suspicions and Hacks Drive Market Volatility By Stephanie N. Malaska Recent events … Continue Reading

Governments, Ad Industry Explore Use Cases; Blockchain Firms Seek Financial Licenses

By Panida A. Pollawit, Njeri Chasseau, Jonathan D. Blattmachr and Michelle Tanney on June 8, 2018 Posted in Blockchain, Cryptocurrency

In this issue: • Governments Experiment With Blockchain for Elections, Banking and Visa Applications • Advertising, Entertainment Industries Continue Investment in Blockchain • Changing Approaches to Crypto Regulatory Licensing Governments Experiment With Blockchain for Elections, Banking, and Visa Applications By: Panida A. Pollawit Governments around the world are seeking to harness blockchain to improve the … Continue Reading

This Week in Blockchain: CFTC Guidance, SEC Enforcement, Central Bank Interest

By Jonathan D. Blattmachr, Robert A. Musiala and Tiffany A. Miao on May 24, 2018 Posted in Cryptocurrency

In this issue: • CFTC Issues Guidance on Crypto Derivatives • “Operation Cryptosweep” Continues Enforcement Actions Against ICOs • Countries Exploring National/State-Backed Cryptocurrencies CFTC Issues Guidance on Crypto Derivatives By: Jonathan D. Blattmachr On May 21, 2018, The Commodity Futures Trading Commission (CFTC) issued to exchanges and clearinghouses a staff advisory regarding cryptocurrency derivatives (the Advisory). … Continue Reading

SEC Investigations in the Cryptocurrency and Blockchain Industry

By Jonathan D. Blattmachr on April 23, 2018 Posted in Blockchain, Cryptocurrency, Securities & Exchange Commission

In the latest in a seemingly endless stream of U.S. Securities & Exchange Commission (SEC or the Commission) pronouncements on cryptocurrency and blockchain regulation and enforcement, on March 7, 2018, the Commission warned investors about investing in “potentially unlawful” digital tokens that function like securities, and stated that some platforms are assets that may be … Continue Reading