SEC’s Clayton: Use of a token can evolve toward or away from being a security
In recent remarks, the chairman took a pragmatic stance on token fundraising for decentralized networks.
SEC Chairman Jay Clayton discussed his perspective on cryptocurrencies and token sales at a recent event at Princeton University. He made two very important points that are worth highlighting: He...
What does the EU’s General Data Protection Regulation mean for open blockchain networks?
That’s the question many are asking themselves ahead of the sweeping new law taking effect next month. Bloomberg gives us the gist: Under the European Union’s General Data Protection Regulation,...
Addressing concerns of illicit images on public blockchains
Before jumping to conclusions understand the claims being made and how the technology works.
There have been several press reports this week claiming that illegal images are stored on the Bitcoin blockchain, thus potentially creating a liability for anyone who has a copy of...
The Joint Economic Committee of the Congress has submitted it’s 2018 Joint Economic Report. For the first time, the report includes a chapter on cryptocurrencies [PDF] that we are pleased...
Our director of research has been invited to testify at next week's House Financial Services committee hearing entitled “Examining the Cryptocurrencies and ICO Markets.” Livestreams are typically available on committee websites when the...
FinCEN raises major licensing problem for ICOs in new letter to Congress.
Nearly a year ago Coin Center released a report highlighting a looming ambiguity in FinCEN’s interpretation of federal anti-money-laundering laws: whether or not token sellers are money transmitters who are...
Reps. Jared Polis and David Schweikert, co-chairs of the Congressional Blockchain Caucus, along with Rep. Tom Emmer, sent a letter to CFTC Chairman Christopher Giancarlo and SEC Chairman Jay Clayton...
Want to understand cryptocurrency policy? Try these podcasts.
The volume on Bitcoin in DC has recently been turned up to eleven. As we saw from this week’s hearing, Federal regulators have their eye on cryptocurrencies. Coin Center has...
Money Transmission Licensing is broken. Here’s how to fix it.
A federal alternative would give users an option that fits with internet businesses
Last week the Chairmen of the SEC and CFTC co-authored an op-ed in the Wall Street Journal that, among other things, called for a “revisit” of the policy thinking behind...
The ULC’s Model Virtual Currency regulation has been introduced in Hawaii & Nebraska.
Earlier this month, State Senator Mike Gabbard introduced the Uniform Regulation of Virtual Currency Businesses Act in the Hawaii legislature. We worked with the Senator on this initiative and are...