OpenFinance Launches Regulated Trading System for Security Tokens

OpenFinance announced earlier this week that it had launched the first US-based regulated security token trading platform.  As has been discussed previously in this blog, although the U.S. SEC has

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Security Token, US

China Cracks Down Again on Cryptocurrency

On August 17, the central district of Chaoyang in Beijing issued a notice telling hotels, shopping malls, and office buildings in the area to refrain from hosting cryptocurrency events.  The

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China, Cryptocurrency

Lawsuit Brought Against Mark Cuban-Backed Unikrn ICO

Unikrn is an esports gambling startup associated with that raised approximately $31 million through an initial coin offering (“ICO”) in October 2017.  Mark Cuban was one of the notable investors

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ICO Litigation, SEC, US

SEC Bars Perpetrator of Tomahawkcoin ICO Fraud

On August 14, the U.S. Securities and Exchange Commission (the “SEC”) recently obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent ICO

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Unauthorized Cryptocurrency Declared Illegal in Saudi Arabia

On August 12, SAMA, the Saudi Arabian Monetary Authority, issued a Statement on its website warning against trading in virtual

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Cryptocurrency, Saudi Arabia

EU Blockchain Observatory & Forum releases thematic report

The EU Blockchain Observatory & Forum (EBOF) launched in February 2018 has published its first thematic report outlining the current

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Cryptocurrency, EU

Ohio Passes Blockchain Legislation

Last Friday, August 3, Ohio became the latest U.S. state to formally recognize blockchain technology.  Ohio’s Uniform Electronic Transactions Act

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Smart Contracts, US

Commonwealth Bank of Australia Applies Blockchain to Global Trade Experiment

The Commonwealth Bank of Australia (“CommBank”) (Australia’s largest bank by market capitalisation) has recently confirmed that they have successfully applied

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Australia, Ethereum, Supply Chain