On October 8, 2020, the US Department of Justice’s (DOJ) Cyber-Digital Task Force issued its first crypto-related guidance, “Cryptocurrency: An Enforcement Framework,” an 83-page report intended to help the industry comply with US
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Crypto
The Libra Digital Currency Project: The (Long) Path Forward
By Richard Chesley and Oksana Koltko Rosaluk
“We have done a lot to democratize free, unlimited communications for billions of people. We want to help do the same for digital currency and financial services . …
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How technical touchpoints can ensnare foreign cryptocurrency companies
In August 2018, the US District Court for the Northern District of California issued an order with broad implications for the cryptocurrency industry: companies headquartered abroad may nonetheless be subject to US securities laws if…
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Event: Blockchain Breakfast Club – 6 November
Please join us for a Blockchain program we are co-hosting on November 6th together with our friends at Yigal Arnon and iCapital. Martin Bartlam, Head of DLA Piper’s International Finance and Projects Group,…
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Crypto Regulation Roundup
The crypto regulatory landscape is constantly evolving and requires careful monitoring of cases, investigations, regulator announcements, and media reports. Here’s a roundup of the most recent developments – from the busting of a World Cup…
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First judicial finding that digital tokens are securities
A magistrate judge in Florida issued a report in a class action lawsuit – Rensel v. Centra Tech, Inc. – finding that tokens issued and sold by tech startup Centra Tech were investment contracts. While…
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