Saturday, February 22, 2020
Joshua Ashley Klayman is co-head of global law firm Morrison & Foerster LLP 's Blockchain + Smart Contracts Group and chairs the Wall Street Blockchain Alliance Legal Working Group.The following article is an exclusive contribution to CoinDesk's 2017 in Review, and represents the author's personal views, not necessarily those of...
Months after China's clampdown on initial coin offerings (ICOs), professional copywriters are still offering white paper services that may include fabricating information, reports suggest.The People's Bank of China notably banned domestic ICOs in September 2017, yet searches using key words such as "ICO," "blockchain" and "whitepaper" result in dozens...
Distributed ledger startup Ripple is facing another class-action lawsuit tied to the legal classification of the XRP cryptocurrency. A lawsuit filed in the Superior Court of California (San Mateo County) claims that Ripple "created the XRP token and then used sales of the tokens in order to fund its operations and...
Marlene Ronstedt is a writer and journalist whose work has appeared in German and English publications including WIRED Germany. Currently, she is working for Neufund as a blockchain reporter. André Eggert is a partner at the law firm of LACORE LLP and the legal architect of Neufund.org, a platform for...
Kenya’s Treasury Secretary has been tasked with the responsibility of investigating the current state of cryptocurrency adoption in the country, which has so far been growing with no regulations. In a couple of weeks, he is to give his report to parliament, advising them how to proceed with regulating...
The Florida Chief Financial Officer (CFO), Jimmy Patronis, has issued a statement calling for Florida’s government to create the post of “cryptocurrency chief” to provide greater oversight to the state’s emerging digital currency sector. Also Read: Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan Florida CFO Advocates Creation of Government...
Editor's Note: Following the publication of this article, new information indicates that the bill in Romania is focused on electronic monies, not cryptocurrencies specifically. The article below has been amended accordingly.  --- Romania has drafted an emergency ordinance for electronic forms of money, a local news outlet reported Thursday. The draft, which was...
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. Also read: Yahoo! Japan Confirms Entrance Into...
In a year of soaring cryptocurrency prices and countless initial coin offerings, it's perhaps unsurprising that, over the course of 2017, regulators worldwide stepped in to define how they would oversee what had been to date a legally murky environment.From China's crackdown on exchanges to the SEC's report on...
Malta has enacted three bills into law on Wednesday that are meant to create a clear regulatory framework that will enable the establishment of cryptocurrency businesses on the island. A number of issues that can have an impact on traders and exchanges pop up when examining the new regulations....