About this Site:
This site is a resource for those interested in legal and regulatory developments in the application of blockchain technology, provided by Murphy & McGonigle. We regularly work with financial services companies that have a stake in legal and regulatory developments impacting blockchain technology. We created this site to provide periodic updates on important developments in the law surrounding blockchain technology.
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SEC Divisions' Statement on Digital Assets
by: Larry E. Bergmann , Matthew B. Comstock , Maxwell T.S. Thompson | (11/21/2018)
This article discusses the statement of the SEC's Divsions of Corporation Finance, Investment Managementa and Trading and Markets relating regulatory approaches to digital assets. We discuss in particular the path to compliance for entities that issued securities in a manner that did not comply with the registration requirements of the federal securities laws.
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Murphy & McGonigle’s leading FinTech & Blockchain Practice is pleased to publish a new edition of “Who’s On the Block,” a roundup of blockchain conferences, trends and upcoming events.
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Notes of Caution from Hong Kong and UK Regulators Regarding Virtual Assets
by: Katherine Cooper | (11/02/2018)
Over the past week, regulators in both the United Kingdom and Hong Kong have voiced words of caution regarding varying virtual assets. Both regulators were concerned in particular about the integrity of the cash markets for virtual assets and products giving retail investors both direct and indirect exposure to virtual assets.
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The SEC extends review period for VanEck and SolidX ETF to February 27, 2019
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Deep learning, a subset of machine learning, has begun to migrate from hedge and prop trading firms to some large bulge bracket firms who are looking to enhance their alpha returns from trading.
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Court Questions Whether Token is a Security
by: Katherine Cooper | Blockchain Law Center | (11/28/2018)
In a setback for the Securities and Exchange Commission, a California federal judge has denied the SEC’s motion for a preliminary injunction against a token issuer and its founder. In SEC v. Blockvest LLC, the SEC brought an enforcement action against Blockvest and Buddy Ringgold III alleging that a private sale and subsequent presale of Blockvest tokens (“BLVs”) were illegal sales of unregistered securities.
Blockchain Litigation Database
The Blockchain Litigation Database tracks blockchain and cryptocurrency-related litigation using a data-based, analytical approach to enable subscribers to follow the development of the case law, analyze legal risks, perform due diligence on counterparties, and more.