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June 1, 2023
The focus on enforcement has done little to clarify regulatory expectations regarding current facts and market practices. The Securities and Exchange Commission (SEC)...
November 15, 2022
The Securities and Exchange Commission (SEC or Commission) has been accused of “regulation by enforcement” when it comes to the standard for determining whether a crypto token is a...
February 17, 2022
When we analyze the pertinent regulations governing the space, however, it is the exception to the registration rule that necessitates a dominant focus.
February 16, 2022
In July 2017, the SEC issued its landmark DAO Report, which clarified, among other things, its view that digital tokens with characteristics akin to those of an "investment contract" as...
January 11, 2022
Throughout 2021, the SEC followed through on its commitment to aggressively enforce the federal securities laws in digital assets markets. These efforts have resulted in the SEC...
April 27, 2021
NFTs and digital art blockchain: Is blockchain’s digital token new frontier its brightest? So here we are. Two years on and a little deflated. While unregistered or non-exempt token offerings were started with great fanfare, reaching their crescendo in 2017 with the wild-west of unregistered ICOs shot down O.K. Corral-style by the SEC, followed by the utility being sucked out of utility tokens, we have now arrived at the third blockchain marvel attracting ever-increasing interest, and, dare w...