This article is originally posted at Coincentral.com on September 10, 2018 by Sarah Rothrie One of the core functions of blockchain is doing away with the need for intermediaries. This, along with the evolution of smart contracts, has led to speculation that there will be no need for lawyers in peer-to-peer transactions. It’s almost inevitable that converging blockchain and law…
This article was originally posted at Coincetral.com on August 20, 2018 by DAVID HAMILTON The crypto space continues to see more non-fungible token concepts enter the market. These tokens are different than their fungible counterparts in that they’re not interchangeable. Think of non-fungible tokens as being unique in the world. They usually represent a digital or real-world asset and are not…
This article is originally posted at Coincentral.com on August 9, 2018 by RYAN SMITH The early 21st century might very well go down in the annals of history as the gold rush of the modern age. Utility and security tokens are emerging from all corners of the globe and project teams are licking their lips as a new wave of investor…
This article is originally posted at Coincentral.com on July 26, 2018 by Christina Comben For anyone who’s ever created an account on Coinbase, Gemini, or any other large cryptocurrency exchange, you’ll have carried out basic KYC/AML practices. In fact, anyone who has a bank account (unless it’s anone) has complied with Know Your Customer and Anti-Money Laundering protocols to some degree or another.…
For early-stage startups, offering employee stock options can be a key part of attracting and keeping key talent. A stock option is an agreement that gives an employee the right to buy shares in the company at a discounted rate. For the employee on the receiving end, making sense of a complex, jargon-heavy stock option offer can be daunting. Given…
When Security Tokens are done correctly, they don’t skirt law and regulations, they remove financial institutions and middlemen.” Anthony Pompilano, The Official Guide to Tokenized Securities Tokenized securities Security tokens, regulated tokens, tokenized securities – they go by a few names, but they all attempt to solve the same problem: bringing together securities regulation and blockchain token offerings. They are also…
This article is originally posted at Coincentral.com on July 9, 2018 by David Hamilton It’s not always easy to tell how your government feels about cryptocurrencies, especially when there are so many politicians attempting to paint cryptocurrency in a negative light. Ironically, many of these individuals are, at the same time, pushing for more blockchain sector development. As you are…
The CSA has issued further guidance on the securities law implications for token offerings. The notice sets out situations in which an offering may involve an offering of securities, and how regulators may deal with offerings that are structured in multiple steps (such as those utilising SAFT agreements). The notice urges issuers with proposed offerings to consult their legal representatives…
This article is originally posted at Coincentral.com on June 28, 2018 by David Hamilton Government agencies are showing a rising interest in digital assets. Every day, new crypto confiscations are making headlines, and governments are cashing in big time on the profits earned through these activities. The result is a rise in crypto confiscations across the globe. Breaking the law…
This article is originally posted at Coincentral.com on June 14, 2018 by Aaron Mangal The status of Bitcoin and Ether as securities has been a hotly debated topic and a great source of angst among the community due to a lack of guidance and regulatory clarity from the SEC. Now, however, the SEC’s Director of Coporate Finance, William Hinman, announced at…