ICO

New York Court Rules Criminal Case Involving Violations of Securities Fraud Can Go Ahead

On Tuesday, September 11, a New York Federal Judge rejected a defendant’s argument that he cannot be prosecuted because the digital coins he sold were not securities. Maksim Zaslavskiy is

Read Full Article
Cryptocurrency, Enforcement, ICO, US

Australia’s ASIC 2018-2022 Corporate Plan Reflects Growth of Blockchain and ICOs

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC) has released its 2018-2019 to 2021-2022 corporate plan (the Plan), articulating the regulator’s short and medium term strategic vision and

Read Full Article
Australia, Cryptocurrency, ICO

European Parliament moves to extend the European Commission Proposal for Crowdfunding Regulation to capture ICOs

In March 2018 the European Commission issued a proposal for a regulation on crowdfunding service providers (“CSPs“) (the “Proposal“) as part of its broader FinTech action plan. CSPs operate online

Read Full Article
EU, ICO

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

Read Full Article
ICO, SEC, US

Australian Regulator Provides Further Guidance on Initial Coin Offerings and Cryptocurrency Compliance

The Australian Securities and Investment Commission (“ASIC”) has released further guidance on initial coin offerings (“ICOs”) and cryptocurrency compliance through

Read Full Article
Australia, Cryptocurrency, ICO

Thailand Warms to Digital Assets

Thailand has moved closer to being among one of the first jurisdictions in the Asia-Pacific region (and globally) to facilitate

Read Full Article
Australia, Cryptocurrency, ICO, Thailand

U.S. Court Applies Core Securities Principle to Cryptocurrency

On June 25 U.S. federal Chief Magistrate Judge Andrea Simonton issued a Report and Recommendation concluding that Centra Tokens, issued

Read Full Article
Cryptocurrency, Enforcement, ICO, US

Lithuania Issues ICO guidelines

Lithuania becomes the latest jurisdiction to release guidance in relation to ICOs. On 8 June 2018, the Lithuanian Government released

Read Full Article
AML, Cryptocurrency, ICO, Lithuania, Securities, Tax

FCA Warns Banks On Cryptoassets In “Dear CEO” Letter

On 11 June, the UK’s financial services regulator, the Financial Conduct Authority (FCA), published a “Dear CEO letter” providing guidance

Read Full Article
Bitcoin, Cryptocurrency, FCA, ICO, UK

U.S. SEC Chair Jay Clayton’s Mic Drop on Crypto-Assets and Whether the SEC Regulates Them: We Don’t Regulate Everything, But You Have to Do the Analysis

On June 6, U.S. SEC Chairman Jay Clayton was interviewed on CNBC about Bitcoin and cryptocurrencies.  He said, in effect,

Read Full Article
Cryptocurrency, ICO, SEC, Securities, US

Categories

Location