U.S. Health Care Companies & Blockchain Technology

Fact: The U.S. health care industry has an abundance of confidential patient information. Boston's medical offices alone use nearly two dozen different systems for filing and storing electronic health records. Yet, could we see a shift in the management and handling of health care data? Today’s Blockchain & Cryptocurrency Daily Clips highlight: "In addition to the major pharmaceutical … Continue reading U.S. Health Care Companies & Blockchain Technology

The First Comprehensive Study of ICO Performance Yields Some Surprising—and Some Sobering—Results

In what may be a first of its kind analysis, a team at Boston College recently published a study that analyzed 4003 “executed and planned ICOs” for short and longer term performance. In “Digital Tulips? Returns to Investors in Initial Coin Offerings,” the study authors found “evidence of significant ICO underpricing, with average returns of … Continue reading The First Comprehensive Study of ICO Performance Yields Some Surprising—and Some Sobering—Results

Joint Chiefs of Global Tax Enforcement: The J5

The Internal Revenue Services (IRS) launched an international coalition to investigate transnational cryptocurrency tax crime and money laundering. The J5 is comprised of the government agencies from Australia, Canada, the Netherlands, the United Kingdom, as well as the IRS. The J5 states: "We are convinced that offshore structures and financial instruments, where used to commit tax … Continue reading Joint Chiefs of Global Tax Enforcement: The J5

Facebook Reverses Ban on Cryptocurrency Advertisements

As of yesterday, June 27, Facebook will allow some ads that promote cryptocurrencies and related content. In light of Facebook's recent decision, could we see snowball policy discussions and decisions from Google, Twitter, and other social networks allowing cryptocurrency advertisements and backing?  What are the limitations to these promotions? Facebook Cryptocurrency Ads Addendum (June 27, 2018) … Continue reading Facebook Reverses Ban on Cryptocurrency Advertisements

Blockchain Could Revolutionize Academic Publishing

Could blockchain technology offer an opportunity to address key issues in the academic publishing system? Today's Blockchain & Cryptocurrency Daily Clips highlight: Orvium Co-founder and Application and Cloud Technology Expert Roberto Rabasco writes for The Hill: "The modern world has a rich and varied tradition of scientists contributing to research and learning free from restriction. Yet … Continue reading Blockchain Could Revolutionize Academic Publishing

Missed Our Webinar?

Last week, Michael Best Blockchain and Litigation Attorneys Evan Strassberg and Steven Joffee hosted a complementary webinar and discussed the actions regulatory bodies are taking and could be taking against cryptocurrency issuers and traders. They also provided an overview of private litigation, particularly putative class actions against companies that have conducted ICOs. Access Michael Best's … Continue reading Missed Our Webinar?

SEC Provides Guidance on the Applicability of Securities Laws to ICOs and Sales of Digital Tokens – The Beginning of a “Safe Harbor”

William Hinman, Director, Division of Corporate Finance, provided significant guidance on the applicability of U.S. Federal Securities Laws to Initial Coin Offerings (ICOs) and the sale of digital tokens.  His presentation was made on Thursday, June 14, 2018 at the Yahoo Finance All Market Summit: Crypto in San Francisco. Click here to read the full … Continue reading SEC Provides Guidance on the Applicability of Securities Laws to ICOs and Sales of Digital Tokens – The Beginning of a “Safe Harbor”

Can the Blockchain Save Democracy?

Voting on the blockchain could end worries about voter fraud and election hacking. A Boston-based startup claims that it can use blockchain technology to bring greater security and privacy to the electoral process. To read the full article, click here. Key note: President of Medici Ventures Jonathan Johnson discusses how blockchain technology could reshape the … Continue reading Can the Blockchain Save Democracy?

Regulation of the Unregulated: How Bitcoin and Cryptocurrencies show that the Government Can Regulate Anything

Michael Best Attorneys Evan Strassberg and Brad Jacobsen provide an expert analysis, featured in Westlaw Journal's Bank & Lender Liability, explaining how economy of bitcoin and other cryptocurrencies work, as well as how government agencies are impacting this market and attempting to regulate these new electronic assets. "Bitcoin was born shrouded in mystery.  Using the alias Satoshi … Continue reading Regulation of the Unregulated: How Bitcoin and Cryptocurrencies show that the Government Can Regulate Anything

Taking the “Crypto” Out of Cryptocurrencies

How securities laws and regulations impact this booming business.  Utah Business Magazine features Michael Best Attorneys Brad Jacobsen and Evan Strassberg in the May 2018 edition. Brad and Evan write, "During 2017 it appeared you couldn't lose money investing in Bitcoin, initial coin offerings and other cryptocurrency offerings (collectively ICOs). Not since the Tulip Bubble of … Continue reading Taking the “Crypto” Out of Cryptocurrencies

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