Simple Agreements for Future Tokens pose difficult and controversial legal questions under U.S. securities, commodities and tax laws.
SAFT holders face significant difficulties in securing liquidity, and regulatory issues...more
7/7/2020
/ Commodities ,
Commodity Exchange Act (CEA) ,
Eligible Contract Participant ,
Forward Contracts ,
Income Taxes ,
Investment Contract ,
Investors ,
IRS ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Tokens ,
Simple Agreement for Future Tokens (SAFT) ,
Virtual Currency
Legislation allows corporations to use blockchain technology to record stock issuance and transfers.
A new California law will allow certain corporations to use blockchain technology for certain corporate records; privately...more
10/11/2018
/ Blockchain ,
Books & Records ,
Corporate Counsel ,
Cryptocurrency ,
Distributed Ledger Technology (DLT) ,
Governor Brown ,
Popular ,
Privately Held Corporations ,
Rule 701 ,
Securities and Exchange Commission (SEC) ,
Token Sales
The ICO boom in 2017 brings with it questions of jurisdiction and compliance, and a need for further guidance -
The benefits of ICOs in raising capital, as well as in providing a marketing push for a new business model,...more
11/3/2017
/ Bitcoin ,
Blue Sky Laws ,
Canada ,
Canadian Securities Administration ,
China ,
Cryptocurrency ,
CTFC ,
Ether ,
Howey ,
Initial Coin Offering (ICOs) ,
Initial Public Offering (IPO) ,
Investment Contract ,
Investors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Smart Contracts ,
South Korea ,
Startups ,
Token Sales ,
Trading Platforms ,
Unfair or Deceptive Trade Practices