“Decentralization” is a concept that has consistently vexed the entire blockchain-enabled ecosystem in the U.S., including its counsel and regulators, wherein a lack of clarity on the exact definition of decentralization has...more
4/22/2021
/ Bitcoin ,
Blockchain ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Howey ,
Information Commissioner's Office (ICO) ,
Investment Contract ,
Popular ,
Securities and Exchange Commission (SEC)
Over the last month, each of the major stock market indices has experienced extreme volatility and a broad-based decline in value, largely in response to the coronavirus pandemic. The bellwether Dow Jones Industrial Average...more
Under the Bank Secrecy Act of 1970 (BSA), buoyed by the USA PATRIOT Act of 2001, the United States instituted a compliance regime where financial institutions are required to collaborate with the government in order to...more
The terms “revolution” and “disruption” in the context of technological innovation are probably bandied about a bit more liberally than they should. Technological revolution and disruption imply upheaval and systemic...more