SEC Tries (and Fails) to Expand the Private Markets

On August 26, the U.S. Securities and Exchange Commission (“SEC”) announced several changes to the “accredited investor” definition, adding new categories of the eligible individual and corporate candidates for private capital markets. Passed in a 3-2 Commission vote, the agency press release … Read more about SEC Tries (and Fails) to Expand the Private Markets

Cryptocurrency’s Window in Wyoming  

In recent years, cryptocurrency has gained significant interest and traction via the passage of numerous bills in one of the country’s least populated states – Wyoming. While federal regulatory authorities have struggled to clearly regulate and classify crypto markets, Wyoming has passed over a … Read more about Cryptocurrency’s Window in Wyoming  

Block.one to Pay $24 million SEC Penalty

On September 30, the U.S. Securities and Exchange Commission (the “SEC”) announced the settlement of a $24 million penalty with blockchain company Block.one, as a result of the company’s recent unregistered initial coin offering (“ICO”). In the press release, SEC officials detail the unlisted ICO, … Read more about Block.one to Pay $24 million SEC Penalty

Crypto Exchange INX Proposes Record-Breaking IPO

  According to a draft prospectus statement filed with the U.S. Securities & Exchange Commission (“SEC”) on August 19, cryptocurrency trading platform INX Limited aims to raise between $5 million and $129.5 million through their proposed initial public offering (“IPO”). A historic … Read more about Crypto Exchange INX Proposes Record-Breaking IPO

Presentation Suggests IRS Plan to Investigate Bitcoin Activity

Earlier this month, a slide deck given by the US Internal Revenue Service (“IRS”) Criminal Investigation division became widely available via a taxation professional’s Twitter. Comprised of nearly 180 slides, the document claims to lay the framework for an IRS crackdown on bitcoin tax evasion by … Read more about Presentation Suggests IRS Plan to Investigate Bitcoin Activity

DeFi: What Is It and Why It Is Important

The following article is the first in a series of guest posts by Ben Lakoff. Mr. Lakoff is an entrepreneur and finance professional. He has a wide area of expertise including raising capital, corporate finance, investing, and start-up strategy. The content of this post is not intended as legal, … Read more about DeFi: What Is It and Why It Is Important

Crypto’s $42 Million in Q1 Lobbying

Despite doubt over the industry’s staying power and fluctuating market capitalization, cryptocurrency has made significant steps into the mainstream in recent years. Between 2017 and July 2018, researchers at the University of Cambridge found that millions of new user accounts entered the crypto … Read more about Crypto’s $42 Million in Q1 Lobbying

Singapore Cryptocurrency Company Looking to Publicly Trade in the U.S.

This week, one of the largest cryptocurrency holding companies in the world took a critical step towards publicly trading in the United States. Operating out of Singapore, BTHMB signed a binding letter of intent with Blockchain Industries (BCII), a U.S. holding company specializing in investment … Read more about Singapore Cryptocurrency Company Looking to Publicly Trade in the U.S.