On September 15, 2020 the U.S. Securities and Exchange Commission (“SEC” or “Commission”) issued an order denying the SEC’s Division of Enforcement’s (the “Division”) motion to expedite enforcement proceedings against American CryptoFed DAO LLC (“CryptoFed”) an issuer of digital assets. CyrptoFed DAO had previously filed a Form 10 registration statement with the SEC seeking to register two classes of digital assets, the Ducat and Locke tokens, as equity securities under Section 12(g) of the Securities…
Latest Posts
- SEC Declines to Accelerate Enforcement Case Against Crypto Issuer Planning Distribution of Unregistered Tokens but Warns Issuer it Proceeds with Distribution Plan at its own Peril
- New Digital Asset Framework in the U.S.
- Court Orders Service Through Cryptocurrency Token and Directs Counsel to Disclose Identity of Client Alleged to Have Stolen Funds
- UK Law Commission Proposes Establishing a New Category of Property Rights to Cover Digital Assets
- Deciphering the Fed’s August Crypto-Week
- Dragonchain Defends Itself Against SEC’s Latest ICO Case
- Regulations on Cryptocurrency and Digital Token Offerings in Thailand — A Complete Guide (2022 Edition)
- SEC Sues Forsage For Allegedly Being a Ponzi Scheme
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New Digital Asset Framework in the U.S.
By Jennifer A. Connors, Jennifer L. Klass, Amy Greer and Aiden O'Leary 3 Mins ReadOn September 16, 2022 the White House released its Comprehensive Framework for Responsible Development of Digital Assets (Framework) for how…
The court in LCX AG v 1.274M US Dollar Coin et al, No. 156444/2022 (N.Y. Sup. Ct Aug,…
In July 2022, the Law Commission published a consultation proposing certain reforms in respect of property rights and…
During the week of August 15, 2022, the Federal Reserve Board (“FRB”) included digital assets (or, as it…
The U.S. Securities and Exchange Commission has talked recently about an ever-increasing scope of its jurisdiction — such…
The digital assets industry in Thailand has been growing significantly between 2021 and 2022, as more big players…