Archive

SEC Hits Another Fraudulent ICO

On May 29 the Securities and Exchange Commission (“SEC”) announced it had obtained a court order halting the ICO of BAR, a coin developed by Michael Stollery, commonly known as

Read Full Article
ICO, Litigation, SEC, US

EU Establishes Blockchain Partnership

23 European countries have signed a Declaration on the establishment of a European Blockchain Partnership. The Partnership is intended to be a vehicle for cooperation amongst EU Member States to

Read Full Article
EU

The New York BitLicense in Brief

In June 2015 New York leapt forward and introduced the BitLicense.  The BitLicense regulations prohibit companies from engaging in “virtual currency business activity” in New York, or with New York

Read Full Article
BitLicense, Cryptocurrency, New York

State Regulators Launch ‘Operation Cryptosweep’ to Combat Fraudulent ICOs

In a press release issued on May 21, The North American Securities Administrators Association (NASAA)t announced one of the largest coordinated series of enforcement actions by state and provincial securities

Read Full Article
ICO, Litigation, US

EU Parliament Adopts Resolution on Blockchain

On May 16, 2018 the European Parliament’s Committee on Research, Industry and Energy adopted a resolution on blockchain focused on making

Read Full Article
EU

US SEC Creates a Phony ICO

As a way of educating the public, the SEC launched a website that offers a mock ICO.  It did so

Read Full Article
ICO, SEC, US

UK Strategy on Blockchain – Baby Steps for the Cryptoassets Task Force

The UK government launched its first FinTech Sector Strategy in March 2018. One plank of its strategy was to create

Read Full Article
Cryptocurrency, FCA, UK

SEC Commissioner Takes Less Rigid Position on ICOs and does not Favor Sandboxes

SEC-watchers regularly quote Chairman Clayton’s statement at a February 2018 Senate hearing (“I believe every ICO I’ve seen is a

Read Full Article
ICO, SEC, US

U.S. Court Denies Injunction Request Against Alibaba Cryptocurrency Creator for Lack of Personal Jurisdiction

Defendants in this case created a cryptocurrency called Alibabacoin and used the Alibaba name on its alibabacoinwallet.com websites, Facebook page,

Read Full Article
Cryptocurrency, Litigation, SEC, US

SEC Will Take Additional Time to Consider Approval of Bitcoin-Related ETF

In January, the New York Stock Exchange asked the Securities and Exchange Commission to allow it to list five bitcoin-related

Read Full Article
Cryptocurrency, SEC, US

Categories

Location