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Token Taxonomy Act – Exempting Digital Tokens from U.S. Securities Laws

On April 10, 2019, U.S. Representatives Warren Davidson (R-OH) and Darren Soto (D-FL) reintroduced the Token Taxonomy Act (“TTA”) in the effort to amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to...more

Staking its Claim: SEC Provides Comprehensive Guide for Blockchain, Digital Asset Securities

Yesterday at the Consensus: Invest Conference in New York City, Jay Clayton, Chairman of the U.S. Securities and Exchange Commission (the “Commission”), strongly reaffirmed the guidance put forth by his agency in the last...more

Cboe Offers to Take the SEC to the Cryptocurrency ETF Dance

On March 23, 2018, Cboe Global Markets, Inc. (“Cboe”) sent a letter to the Securities and Exchange Commission (the “SEC”), strongly advocating for the registration of exchange-traded funds (“ETFs”) that hold cryptocurrencies...more

SEC: Digital Coin, Blockchain Capital Raises are Subject to Securities Laws

Since the inception of cryptocurrencies like Bitcoin, distributed ledger or blockchain transactions have provided creative entrepreneurs with an opportunity to circumvent financial regulations. In response to the emergence of...more

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