BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
German real estate group uses Stellar blockchain to issue $24M bond
Recently Vonovia, a major European real estate group, issued a EUR20 million (AUD 24 million) bond using the Stellar blockchain. Vonovia...
Restless creditors offered 90% of remaining Bitcoin tied up in Mt. Gox bankruptcy
Another step forward in the longstanding Mt Gox saga has been taken, with creditors of the bankrupt cryptocurrency exchange finally being...
French Central Bank hails first funds transaction using digital euro
The Banque de France has reportedly completed a pilot transaction with a central bank digital currency (CBDC). In The Bank announced the...
The Mt Gox Saga: Alexander Vinnik to serve 5 years in France
Alexander Vinnik, involved in the notorious BTC-e exchange in the EU, and the subject of a long running expedition battle between France,...
Suggestion & Surveillance: Talk of Chinese CBDC scares VIPs from Macau
Macau, a special administrative region of China with a gaming industry seven(!) times larger than that of Las Vegas, has been rattled by...
Libra seizes the ‘day’ with rebranding
The launch of Libra back in June 2019 drew swathes of attention as the Libra Association attempted to create a compliant digital currency...
Saudi and UAE Central banks sandbox Bilateral CBDC
In ambitions to shape the application of distributed ledger technology to prevail over existing pain points in cross-border transfers,...
Banks rival for custody of digital asset keys
United Overseas Bank (UOB), Singapore’s third largest bank, appears to be making the move into the cryptocurrency space. After...
Game on! Regulatory relief granted for gaming token VCOIN by US SEC
The SEC Division of Corporate Finance recently granted a welcome ‘no action position’ for Delaware Corporation IMVU Inc in relation to an...
Australia better hop to it to keep up with a Digital Euro in the race to CBDCs
In a global race to digitise national currencies, the EU has kept good on its earlier promises to explore implementing the CBDC.
Swift Swiss laws bring blockchain benefits and regulatory certainty
A new set of Swiss laws on blockchain and distributed ledger technology was recently announced (DLT Laws) and approved by the Swiss...
Uncle Sam seizes a Billion in Bitcoin
Interest rippled through the bitcoin community recently when a digital wallet containing roughly $1 billion in stolen bitcoin — thought...
Senator Bragg envisions a blockchain future
Speaking at the Future of Financial Services 2020 conference this week, Australian Liberal Senator Andrew Bragg has emphasised the...
Lawsuit alleges BitMEX officers 'Looted' $440M from parent company
Lawsuit alleges BitMex officers 'looted' $440M from parent company, following investigations by the CFTC and the DOJ
Associated Press uses EOS and Ethereum to verify election coverage
Behind the scenes of the U.S. Presidential election, the Associated Press is posting their official election results to Ethereum and EOS
Promising US Securities Clarity Act consigned to regulatory purgatory
Following the introduction of the Securities Clarity Act (H.R. 8378) by Congressman Tom Emmer, and an immediate referral to the House...
Head of Regulation at NYSE heads to Andreesen Horowitz
Chief Regulatory Officer at the New York Stock Exchange Anthony Albanese has announced a move to Andreesen Horowitz's crypto team