Distributed Autonomous Organizations involve crypto-tokens, which confer to its holders special rights. Should launching a DAO be considered a security offering?
Bity – a group specializing in cryptocurrency law – clarified that the white hat hackers known as Robin Hood Group were moving ETC as part of a strategy to reimburse DAO token holders in ETH. Now, reimbursement will be done in ETC instead.
An introduction to regulatory concerns with Bitcoin, focusing on the tension between financial reporting, communication, and privacy (Part 2 of 2)
An introduction to regulatory concerns with Bitcoin, focusing on why Bitcoin has become such a concern for governments (Part 1)
Distributed Autonomous Corporations offer a glimpse of what smart securities could enable–and the types of legal issues that DAOs need to address. There is plenty to figure out, but smart securities and DAOs promise more efficient flows of capital and new economic arrangements.
A letter requesting information regarding policies, procedures, guidelines, and advisories with regard to vitual currencies from Secretary of Homeland Security Janet Napalitano from Thomas R. Carper and Tom A. Coburn, respectively the Chairman and Ranking Member of the United States Senate Committee on Homeland Security and Governmental Affairs.
The recent dynamic growth of virtual currencies presents the increasingly realistic chance of creation of an entirely new model of money and payment. Innovations allowing payments to be made at lightning speed, across state borders and outside of official payment systems, are appearing before our very eyes. Such payments are made without the involvement of […]
Interest in digital currencies, especially Bitcoin, has exploded over the past year. The cryptocurrency Bitcoin was created in 2009 by an anonymous entity operating under the pseudo- nym Satoshi Nakamoto. Using cryptographic primitives to create a digital currency is not particularly new David Chaum proposed electronic cash nearly thirty years ago. What is different about […]