Tag Archives: cryptocurrency

A September to Remember: Coinbase Avoids SEC Clash by Dropping Crypto Lend Product

By Christopher Bosch on September 30, 2021 Posted in Cryptocurrency

Last week, Coinbase Global Inc. (“Coinbase”) headed off confrontation with the Securities and Exchange Commission (“SEC”) by announcing it was shelving a much ballyhooed digital asset lending product, Lend. The announcement came two weeks after Coinbase revealed that it had received a Wells notice from the SEC warning the company of its plans to sue over Coinbase’s planned October … Continue Reading

The United States-Mexico-Canada Agreement – Paving the Way for a Cross-Border Fintech Sandbox

By Emilio Cazares and Curtis Dombek on May 27, 2020 Posted in Bitcoin, Cryptocurrency, FinCEN, Regulatory, Virtual Currency

Key Takeaways The United States-Mexico-Canada Agreement (USMCA) provides for financial and digital trade regulations that harmonize the treatment of fintech companies. North American companies leveraging digital assets for payments should consider strategic regional opportunities available under the new USMCA fintech Framework. The USMCA Parties (member countries) continue to license fintech companies using cryptocurrency and create … Continue Reading

Cryptocurrency Miners I“rate” At Energy Rate Decision

By James Gatto on March 30, 2020 Posted in Cryptocurrency

A Washington state federal court recently addressed claims relating to rates that cryptocurrency mining companies pay for electricity in Grant County, Washington. The court rejected all of the miner’s legal claims. The dispute focused on the rate classification that this utility applied to crypto miners as explained below. Due to various risks, the electric utility … Continue Reading

Security Tokens — A Superior Platform for Securities Holding and Trading

By James Mercer and James Thompson on November 30, 2018 Posted in Blockchain, CryptoAssets, Cryptocurrency, SEC

The use of digital securities or security tokens has coincided with the explosion of crypto-currencies and efforts to establish Internet-traded coins or tokens with utility as a form of currency. Lost amidst the enthusiasm over the revolutionary implications of crypto-currencies is the simple fact that security tokens which use block-chain technology and smart contracts have … Continue Reading

Is there a Unicorn Among ICO Issuers?

By James Gatto on August 23, 2018 Posted in Blockchain Games, Cryptocurrency, Initial Coin Offerings

The United States Securities and Exchange Commission (“SEC”) has indicated that nearly all initial coin offering (“ICO”) filings they have seen are securities offerings. Based on this expansive view, it may be more likely to find a Unicorn than an ICO that is not a securities offering. Ironically, a recent lawsuit was filed against Unikrn, … Continue Reading