BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
Openlaw Announces "The LAO"
Exciting project OpenLaw has announced "The LAO", what they are calling the "DAO Mark II" - Decentralised Autonomous Organisations are ...
GDF Global Summit - 2 October 2019
The Global Digital Finance group has finalised their Code of Conduct for Stablecoins, Security Tokens and AML/KYC...
China's State Issued Cryptocurrency Arriving Earlier Than Expected
Reuters is reporting that China's state issued cryptocurrency might be ready as early as 11 November.
Marshall Islands Issuing Own Cryptocurrency
The Marshall Islands, a longtime user of the USD, is progressing with its plans to issue a sovereign digital currency on Blockchain.
Sierra Leone Announces Blockchain Based National ID
Sierra Leone has announced plans to put a National ID in place using Blockchain, with assistance from the United Nations and non-profit Kiva
Facebook’s Libra Coin and Australian Law: Liberty or Lawlessness?
On 18 June 2019 Facebook released its whitepaper for its long-awaited planned cryptocurrency Libra coin, disclosing that Facebook will...
ASIC Updates crypto-asset guidance - it's one small step for man...
On 30 May 2019, ASIC updated its guidance on initial coin offerings (ICOs) and crypto-assets. Since being last updated in May 2018,...
The Long Shadow of the Mt Gox collapse
In the wake of the fifth anniversary of Mt Gox’s collapse, it is worth re-examining what happened and considering some of the key legal...
Regulating STOs and Token Offerings: Australian Treasury seeks submissions
As part of a review into Initial Coin Offerings, the Australian Government Treasury has recently published an Issues Paper (Review)...
Smart Contracts and Contract Disputes
Aren’t lawyers supposed to be out of a job by now? There continues to be a lot of hype around blockchain and smart contracts as the...
So you want to run an Initial Coin Offering in Australia
There has been increasing interest in initial coin offering/token sale/token generation events (ICO) in Australia this year. Below we set...
CryptoLaw: The Business of Bitcoin
Since Bitcoin was introduced in 2008, it has continued to grow in popularity, public awareness and adoption. As of the time of writing,...
$1B lost: the 5 biggest cryptocurrency fails of 2017
2017 was been a stellar year for cryptocurrency valuations in general and Bitcoin in particular. On 1 January 2017 the USD$ value of a...
Has Australia just banned ICOs?
The Australian Securities and Investment Commission (ASIC) yesterday issued a press release and guidance for those considering launching...
Unlocking cryptocurrency token sales
TL;DR / Summary Token sales (also known as Initial Coin Offerings) offer a new form of fundraising which involve an exchange of fiat...
Cryptocurrencies and Anti-Money Laundering in Australia
In mid-August 2017 the Australian Federal Parliament moved to amend the succinctly named Anti-Money Laundering and Counter Terrorism...