The Telegram case is arguably the most important case of 2020 involving the legal classification of blockchain-based digital assets. Because it is often cost-prohibitive for companies to challenge the government in court, the Telegram litigation offered a unique opportunity for the parties to present arguments on several complex legal issues. Given the lack of judicial … Continue Reading
On May 8, 2020, the U.S. Securities and Exchange Commission (SEC) and Kik Interactive Inc. (Kik) finished briefing their cross motions for summary judgment, which were previously filed on March 20, with opposition briefs filed on April 24. The briefing totals more than 400 pages of arguments by the parties in the SEC’s court challenge … Continue Reading
In this issue: • Blockchain GS1 Standards Published, Supply Chain Pilots Announced Across Industries • Telegram Request Denied, Firms Continue Blockchain Initiatives for Securities Trading • Tax Agency Seeks Quadriga CX Records, DOJ Cites Crypto Use by Venezuelan Cartel Blockchain GS1 Standards Published, Supply Chain Pilots Announced Across Industries By: Jordan R. Silversmith Earlier this … Continue Reading