BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
How the stables have turned: US Bill seeks to mandate 100% cash reserves for stablecoins
A new bill recently tabled to U.S. Congress has sought to provide much needed legislative clarification on stablecoins. Briefly,...
Going Bananas: Sotheby's Latest NFT Auction Generates USD$26 Million
Bored Ape Yacht Club ('BAYC') has teamed up with Sotheby's for a two-lot sale of their Bored Ape Yacht Club non-fungible tokens...
Digital Asset Custody: Fidelity Flourishing and Australian guidance absent
Fidelity Investments, one of the world's largest financial services providers, has recently been making major strides in developing their...
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...
DeFi takes on traditional finance; the regulatory challenges
Decentralised finance takes mainstream media but the risks and regulatory issues will likely see regulatory scrutiny.
SEC slaps SALT with penalty and refund order
The SEC recently hit Salt Lending with an order to refund investors in its 2017, $47 million ICO, as well as a penalty
Tezos token class action settlement: A USD$25M cost of infringement
A long-running class action against the Swiss-based Tezos Foundation and its founders has been settled for USD$25m
Security Token liquidity: Are we there yet? Are we there yet? When are we going to get there?
Since their inception, security tokens have generated unbridled enthusiasm. So where is the liquidity in security token markets?
Ripple lawsuits rounded up to run in Californian District Court
The Ripple class action brought by Bradley Sostack was consolidated with new proceedings by BMA.
Troubling times for Telegram as investors consider litigation
Difficult times for Telegram look set to continue, with aggrieved investors in Telegram's ICO reportedly considering legal action
Telegram TON blockchain crushed under weight of SEC litigation
Telegram CEO and founder Pavel Durov has announced that the Telegram Open Network (TON project is being discontinued
Personal Token Sales on a Roll
Personal Token Sales are on a roll, with well-known DeFi advocate Kerman Kohli announcing his Initial $KERMAN Offering – raising $30k
Telegram letter to investors offers immediate refunds, or delayed gratification
Telegram is honouring its refund obligations from its ICO token agreements, and offering a loan option promising greater future returns
The Bitcoin Fund's 3 year journey to list on the Toronto Stock Exchange
The Bitcoin Fund has had a long journey to be listed on the Toronto Stock Exchange...
Telegram transmits technical whitepaper, trials with the SEC continue...
Telegram have revealed more details about the technical specifications underpinning its TON blockchain in a recently released whitepaper.
Uzbekistan to unravel security token framework
Emurgo, has partnered with Uzbekistan’s National Agency of Project Management (NAPM) in order to establish a regulatory framework for STOs.