Tagged: legislation

March 9, 2019 @ 2:03 pm By JD Alois  |  

The initial coin offering (ICO) / Security Token Offering (STO) continues to endure a period of regulatory uncertainty. As things stand right now, ICOs are securities. End of story. If you completed an ICO after the Securities and Exchange Commission (SEC) issued the DAO Report… Read More

March 8, 2019 @ 1:00 am By Cali Haan  |  

The French National Assembly’s Finance Committee has issued a report on cryptocurrency and blockchain sectors in the country. The report’s introduction is written by Committee president Eric Woerth, who urges the country to continue refining regulations governing the sector. He also argues against promoting cryptomining… Read More

January 16, 2019 @ 11:23 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) is out with their policy goals for the incoming Congress. SBE Council is an entity that advocates on behalf of the sector of the economy (small business) that drives most job creation and economic growth. Thus, it… Read More

December 7, 2018 @ 10:08 am By Cali Haan  |  

Congressmen Darren Soto, a Democrat from Florida, and Ted Budd, a Republican from North Carolina, yesterday introduced two pieces of legislation into the American House of Representatives that they hope will support healthy cryptocurrency markets and innovation in the US. The bills target cryptocurrency price… Read More

December 6, 2018 @ 6:33 pm By JD Alois  |  

Several weeks back, CI covered the draft legislation for pan-European crowdfunding rules from the European Parliament. At that time, initial coin offerings (ICO) were part of the possible legislation. Crowdfunding is part of the European Union Fintech Action plan that directly aligns with the Capital… Read More

December 4, 2018 @ 11:17 am By JD Alois  |  

Speaking at Blockland Cleveland yesterday, Congressman Warren Davidson, from Ohio’s 8th District, discussed forthcoming legislation that may dramatically impact the initial coin offering (ICO) industry in the US. Representative Warren said the draft legislation seeks to create a token that can trade but will not… Read More

November 15, 2018 @ 10:01 am By JD Alois  |  

After the first of the year, control of the House of Representatives will move over to the Democrat party following mid-term elections. While the Senate will remain in Republican control, the split Congress means agenda items will frequently be at odds. But in the final… Read More

October 18, 2018 @ 7:56 am By Erin Hobey  |  

According to the GFSC, Gibraltar “is committed to being a sound and safe place to do business with and is considering a complementary regulatory framework covering the promotion and sale of tokens, aligned with the DLT framework.” As expected, crypto platforms are taking advantage the… Read More

September 13, 2018 @ 5:30 pm By JD Alois  |  

A Special Commission of the National Assembly in France approved a key framework today in pursuit of bespoke regulation for initial coin offerings (ICOs). This is according to a report in Les Echos that stated “Article 26” was adopted earlier today – part of the… Read More

January 21, 2018 @ 1:58 pm By JD Alois  |  

There is legislation moving through the state of New York that shifts some responsibility regarding online lending to the New York Department of Financial Services (NYDFS). [S07294 and A8938] Originally, there was a bill that was signed into law on December 29, 2017, by Governor Andrew Cuomo, that… Read More

October 26, 2017 @ 8:45 am By JD Alois  |  

Pending US legislation titled “The Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,″ seeks to update criminal money laundering and counterfeiting statutes. As written now, the bill impacts the utilization of any and all cryptocurrencies. Senate Bill 1241, sponsored by Senator Chuck Grassley, will define anyone… Read More

September 14, 2017 @ 5:29 pm By JD Alois  |  

This week the Australian Parliament introduced new legislation that will extend crowdfunding or “crowdsourced equity funding” (as the Aussies call it) to private companies. This is an important fix that will create a far more robust and equitable crowdfunding ecosystem in Australia. Earlier this year,… Read More

September 5, 2017 @ 3:59 pm By Anthony Zeoli  |  

While Regulation (Title III) Crowdfunding continues to get all of the attention, the overwhelming majority of states currently have some form of “intrastate” retail crowdfunding laws already in effect; many of which offer significantly more favorable terms to issuers and investors than the federal rules…. Read More

September 1, 2017 @ 1:55 pm By JD Alois  |  

The Bitcoin Foundation is looking to stop Congress from including Bitcoin and other cryptocurrencies in legislation regarding nefarious acts by terrorists organizations and money laundering. Senators Grassley, Feinstein, Cornyn, and Whitehouse, have sponsored legislation entitled, “Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017,” includes a portion that points… Read More

July 27, 2017 @ 3:00 pm By Patrick A. Reardon  |  

  The decline in the number of public companies in the United States and the decline in the number of initial public offerings (IPOs) that occur each year are widely decried. It is irony that many who bemoan these changes are the very persons who… Read More

July 24, 2017 @ 12:27 pm By JD Alois  |  

It is a fact that the number of public companies and the number of companies going public have dramatically decreased over the last 15 years. For private investors like High Net Worth Individuals or Venture Capitalists this has not been an issue. It is arguable… Read More

July 13, 2017 @ 9:57 pm By Jonathan Nieh  |  

Earlier this month, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. According to an article on Coindesk, the amendments relating to… Read More

July 6, 2017 @ 2:00 pm By JD Alois  |  

There is a bill circulating in Congress that may dramatically impact Reg A+ utilization – the crowdfunding rule that currently allows issuers to raise up to $50 million in a scaled disclosure environment. Sponsored by House Representatives Kyrsten Sinema and Trey Hollingsworth, the bill (HR… Read More

June 20, 2017 @ 10:25 pm By JD Alois  |  

VentureCrowd is a multi-asset crowdfunding platform providing early stage, property and “crowd credit” funding in Australia. Currently, VentureCrowd only caters to sophisticated or high net worth individuals.  Each early stage investment listed on its platform has already secured a professional lead investor thus allowing a smaller… Read More

June 8, 2017 @ 10:38 pm By JD Alois  |  

Dodd-Frank has proven to be a horrible act of legislation. A reactionary swipe directed towards the financial services industry following the calamity known as the Great Recession, many portions of the law have not yet been fully enacted. The new regulations are simply too convoluted… Read More