Tagged: perspective

Blockchain and Security Tokens (a/k/a Digital Securities): A Securities Lawyer’s View from the 2018 Los Angeles Crypto Invest Summit

As a securities attorney, when I attend a conference in a rapidly developing area, I come with my own prejudices and beliefs, but with an open mind and open ears – to hear,  digest and discuss the latest developments and thinking.  The 2018 Crypto Invest… Read More

State Banking Supervisors Sue OCC Over Fintech Charter

CI reported last month that the Conference of State Bank Supervisors (CSBS) was considering filing a lawsuit against the Office of the Comptroller of the Currency (OCC). Once again, the CSBS mission is a legal challenge to the much debated OCC Fintech Charter. Last week, the… Read More

Blockchain Can Help Players to Create Killer Content for Games on a Scale Never Before Seen

Content created from out of game tools can be the most inventive and powerful ways to change a gaming experience. The introduction of a decentralized gaming ecosystem offers unfettered freedom to communities in developing such content for their favourite games. Old school gamers – yes,… Read More

Crowdfunding: Law Professor Rutherford Campbell, Jr. on Reg CF, “It’s Just Not Working”

The much heralded JOBS Act was signed into law in 2012 during a brief moment of bi-partisan cooperation. The objective was to drive economic growth, and job creation, via a series of regulatory updates including the legalization of investment crowdfunding. But has the JOBS Act… Read More

KYC is Broken and Should Be Put Out of its Misery

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Background checks are broken. They’re necessary, especially when verifying personnel for sensitive positions, but right now, the system is broken. It’s a really lucrative business if you’re a background check company, because the system is great at exploiting companies checking applicants and creating more work… Read More

Doug Ellenoff Discusses the Emerging Security Token Market, Contrasts STOs to the ICO World: In the US, a Utility Token is a Myth

Initial Coin Offerings (ICOs) hit the popular media screen during 2017 with stories of outrageous sums of money being raised online – sometimes under questionable circumstances. In total, according to EY, $4.1 billion was raised for the top ICOs during 2017. In 2018, that number… Read More

Is Regulation Killing The Blockchain? How Blockchain Can Adapt to New Laws While Sticking to its Original Principles

The blockchain has revolutionized a number of industries, but none so much as the financial sector. From equity crowdfunding platforms which allow users to buy shares in projects with tokens, to startups raising funds through initial coin offerings (ICOs), to token exchanges where users can… Read More

Lawless, Ill-Conceived, and Destabilizing of Financial Markets: New York Department of Financial Services Sues OCC Over Fintech Charter

Lawless, ill-conceived, and destabilizing of financial markets. While most level headed individuals will have the opinion this statement best describes the New York Department of Financial Services (NY DFS) and their anti-Fintech point of view, think again. This is how the DFS describes the Office… Read More

European Regulation Is on the Way, Crypto Exchanges Had Best Be Prepared

The European Union does not need to seek out any problems for the moment, with the highly publicized ‘divorce’ from the UK taking place in the full media spotlight, but it’s easy to forget that, as things stand, the EU is also taking its approach… Read More

Stanford-Trained Brazilian Professor Warns SEC Not to Approve Bitcoin ETF

A Stanford-trained Brazilian professor of computer science has left several of the sacred cows of Bitcoin wounded in the field after submitting a systematic take down of several of the coin’s tropes to the US Securities and Exchange Commission (SEC). In early July, the SEC… Read More

Dr. Doom Does DC: Blockchain Industry Execs Fire Back at Roubini’s Comments from US Senate Hearing

This morning, well known economist Dr. Nouriel Roubini and Peter Van Valkenburg, Director of Research at Coin Center testified before the U.S. Senate Committee on Banking, Housing and Urban Affairs. The topic of discussion was cryptocurrency and the emerging blockchain technology. Roubini attacked and Van… Read More

The Good, the Bad, and the Ugly: How Different Industries are Utilizing (or Exploiting) Blockchain Technology

When a new technology emerges, the word ‘disrupt’ is utilized to highlight the wonderful features to be developed and promises to be fulfilled. Since blockchain technology gained popularity in the last decade, the term blockchain has been linked to the term ‘disrupt’ almost as a… Read More

Equity Crowdfunding Platform Anaxago Launches Asset Management Firm Anaxago Capital

A leading French equity platform, Anaxago is launching an asset management firm, Anaxago Capital, to attract more institutional investors and ready itself to fund larger projects. With this, Anaxago expects to double its outstanding investments by 2020. We spoke with Caroline Lamaud, Co-founder and Chairman… Read More

Millennials: Rent Your Home, Buy Your Future

A house in the suburbs, career tenure and pension with the same employer, and a portfolio of stocks and bonds for retirement. Every baby boomer’s vision of the American dream. Until it wasn’t. The nest eggs of today’s retirees have been rocked by a seemingly… Read More

More US Banks are Coming, Fintech Ones Too & That’s Good for Consumers

This week N26, a Germany based digital bank, announced it has set up shop in the United Kingdom. N26 already provides banking services in 17 European markets including France, Spain, Italy, Belgium and more. The launch of the challenger bank has long been expected but… Read More

Are You Stoned? More People are Interested in Investing in Cannabis than Crypto

This is an interesting perspective courtesy of CBInsights. A very unscientific Twitter poll by CBInsights, asks the question if you had a $10 million to invest would you put it in crypto or Cannabis? Well, perhaps if you had asked the same question at this… Read More

What We Can Learn From the SEC’s Lawsuit Against Elon Musk

On September 27, 2018, the SEC filed a lawsuit against Elon Musk for committing securities fraud because of some tweets he published on August 7, 2018. A mere two days later, September 29, 2018, Musk settled with the SEC. As part of their settlement agreement,… Read More

SEC Chair Jay Clayton Comments on Elon Musk & Tesla Enforcement Action and Settlement

“…when companies and corporate insiders make statements, they must act responsibly, including endeavoring to ensure the statements are not false or misleading and do not omit information a reasonable investor would consider important in making an investment decision.” – Jay Clayton, Chairman of the SEC… Read More

Why We Need to Raise the Reg A+ Cap to $75 Million

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In March of this year, the House of Representatives passed H.R. 4263, better known as the Regulation A+ Improvement Act. The bill passed with bipartisan support, being co-sponsored by two Democrats: Representatives Sinema and Gottheimer, alongside two Republicans: Representatives Stivers and Hollingsworth. Signing this bill… Read More

Blockchain Technologies Can Inject Life Into the World of Academia

Scientific discovery is borne out of observing things that happen, say a hypothesis, and forming theories around the resultant data. This is how we come to understand our world and the various reactions which occur within it. An explosion in data collection has broadened the… Read More

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