Page 5 - Tom Bean News Today

Decentralized autonomous organizations (DAOs), collectives that typically govern activities by voting through the use of crypto tokens, are not pe...

In our previous post “How Do You Sue a DAO? These Recent Developments May Shed Some Light ,” our partner, Mioko Tajika, looked into the legal status of a DAO and explored the...

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) recently announced enforcement actions that reflected sweeping, and previously...

In Short - The Situation: Under the existing legal regimes, decentralized autonomous organizations ("DAO" or "DAOs") have been viewed as a way to hedge against regulatory...

Under the existing legal regimes, decentralized autonomous organizations ("DAO" or "DAOs") have been viewed as a way to hedge against regulatory action by way of a decentralized structure.

In a new development, the Commodity Futures Trading Commission (CFTC or Commission) has charged that “voting members” of the Ooki DAO are liable for its violations of the Commodity...

The CFTC's theory that all persons who vote governance tokens in a DAO are effectively members of the DAO and therefore, personally are jointly and severally liable for all CEA and CFTC regulations' violations by the DAO, has not yet been affirmed by any court.

Natural persons and legal entities are potentially jointly and severally liable for all of a decentralized autonomous organization's (DAO) violations of the Commodity Exchange Act (CEA)...

The CFTC's recent announcement of its settlement with a decentralized crypto protocol operator and its two individual founders, together with its complaint against the successor...

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry...