FinCEN Issues Guidance on Virtual Currencies, Posts New Advisory on Threats Associated with Misuse

May 9, 2019 @ 9:40 pm By JD Alois |

The Financial Crimes Enforcement Network (FinCEN) today issued guidance entitled, Application of FinCEN’s Regulations to Certain Business Models Involving Convertible Virtual Currencies (CVC). FinCEN is the enforcement branch of the US Department of Treasury. The guidance issued today does not establish any new regulatory expectations…. Read More

When Does A “Digital Asset” Qualify As A Security? A Deeper Dive Into Recent SEC Guidance.

May 6, 2019 @ 9:42 pm By Anthony Zeoli |

Here’s a question for all of you. Between coins, tokens, stamps, tickets, vouchers, and chips, which of these qualifies as a “security” under U.S. Securities laws? It’s actually a trick question, they all do! Well, technically speaking, they all could potentially qualify as securities. The… Read More

Financial Services Commission of Mauritius Issues Guidance on Security Token Offerings

April 19, 2019 @ 3:42 pm By JD Alois |

The Financial Services Commission of Mauritius has issued guidance on security tokens as part of their “Fintech series.” The Guidance follows the regulator’s recognition of digital assets as a unique asset class for investors. In March, the FSC issued a brief statement clarifying that a… Read More

UK Financial Conduct Authority Issues Consultation on “Cryptoassets” Seeking to Provide Clarity on Regulatory Approach

January 23, 2019 @ 8:16 am By JD Alois |

The UK Financial Conduct Authority (FCA) issued a consultation today on the emerging “cryptoasset” sector of finance. The UK is well known for its thoughtful regulatory approach when it comes to innovative new financial services and the final outcome will be watched with interest around… Read More

Swiss Financial Market Supervisory Authority Issues ICO Guidance

February 16, 2018 @ 10:31 am By JD Alois |

The Swiss Financial Market Supervisory Authority (FINMA) has published guidelines on initial coin offerings (ICOs). Switzerland, as many people know, is a hot bed of ICOs and cryptocurrency in general. Switzerland has recognized the newfound prominence in this sector of Fintech and has sought to… Read More

Monetary Authority of Singapore Publishes Guidance on Initial Coin Offerings

November 15, 2017 @ 5:18 pm By JD Alois |

The Monetary Authority of Singapore (MAS) has published a document providing guidance on Initial Coin Offerings (ICOs). Entitled “a Guide to Digital Token Offerings,” the document seeks to clarify when an ICO is in fact a security, and thus regulated and the application of securities… Read More