Tag Archives: Crypto

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 their activity – including server locations and blockchain validation node clusters – indicate that sales were conducted in the United … Continue Reading

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, will be speaking about “Blockchain and ICO trends in the UK market”, and there will be presentations by Adrian Daniels, Partner at Yigal … Continue Reading

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 crypto gambling ring to the first judicial finding that digital tokens are securities to the announcement of a new multi-agency … Continue Reading

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 the report and its recommendations are not final until approved by a district court judge, it appears to be the first judicial … Continue Reading
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