Last week, Colorado Gov. Jared Polis signed the Colorado Digital Token Act (“SB19-023”), which is expected to bring more attention to Colorado’s cryptocurrency market by addressing digital tokens within the existing framework of securities law. A security, while having a notoriously flexible … Read more about Gov. Jared Polis Signs Colorado Digital Token Act
Russia Announces Expansion of Government-Backed Cryptocurrency
Last week, Russian news sources reported that the lower house of the country’s Federal Assembly may pass a resolution to allow the country to further develop cryptocurrency systems. According to Rambler, the Russian media outlet that first announced the news, officials are currently looking to … Read more about Russia Announces Expansion of Government-Backed Cryptocurrency
Lawmaker Suggests Cryptocurrency to Fund Border Wall
Ohio Congressman Warren Davidson suggested that crowdfunding through a cryptocurrency might provide a viable solution to the funding issues for the proposed wall along the US/Mexico border. In an interview with NPR's Steve Inskeep, the Republican representative suggested that both the proposed … Read more about Lawmaker Suggests Cryptocurrency to Fund Border Wall
CFTC Chairman: DLT Can Automate Regulation
The US Commodity Futures Trading Commission (CFTC) has, thus far, exhibited far more enthusiasm for Distributed Ledge Technology ("DLT") than the Securities and Exchange Commission ("SEC"). On balance the CFTC has come across as open, if not downright enthused by the possibilities … Read more about CFTC Chairman: DLT Can Automate Regulation
RLG Series of ITF Reports: Privacy Coins
The Rodman Law Group is proud to present the third in a series of reports from one of our clients, Intelligent Trading Foundation. The information that they have worked hard to gather and consolidate is presented in a efficient manner that provides significant amounts of information in digestible … Read more about RLG Series of ITF Reports: Privacy Coins
Has Northern Trust Killed the Big Four??
Northern Trust has begun a massive operation to expand its blockchain and cryptocurrency offerings across multiple divisions. This marks one of the first forays into blockchain and cryptocurrency by a traditional financial institution. Northern Trust, a 129-year old company with nearly $10.7 … Read more about Has Northern Trust Killed the Big Four??
RLG Series of ITF Reports: ADA
The Rodman Law Group is proud to present a series of reports from one of our clients, Intelligent Trading Foundation. The information that they have worked hard to gather and consolidate is presented in a efficient manner that provides significant amounts of information in digestible chunks that … Read more about RLG Series of ITF Reports: ADA
SEC Official: Ether is not a Security
The US Securities and Exchange Commission (SEC) Director of Corporate Finance William Hinman, speaking at the All Market Summit: Crypto in San Francisco, said that neither bitcoin nor ether would be classified as securities by the SEC. Hinman said, "Based on my understanding of the present state of … Read more about SEC Official: Ether is not a Security