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
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
Cryptocurrency Issuers & Traders Beware: Enforcement Actions and Private Litigation Emerging Thursday, June 14, 12:00 p.m. - 1:00 p.m. CST. Michael Best Attorneys Evan Strassberg and Steven Joffee are hosting a complimentary live webinar discussing actions regulatory bodies are currently taking, and could be taking in the future, against cryptocurrency issuers and traders. Additionally, they … Continue reading Join Our Webinar!
On Tuesday, May 8, the House Science, Space and Technology Committee's Oversight and Research and Technology subcommittees held a hearing titled, "Leveraging Blockchain Technology to Improve Supply Chain Management and Combat Counterfeit Goods". Tuesday’s session was largely educational, but is part of a broader effort to lay the foundation for federal policy changes that might … Continue reading House Subcommittees Examine Leveraging Blockchain Technology to Improve Supply Chain Management
Last week, Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo and CFTC Chief Economist Bruce Tuckman published a white paper analyzing the state of post-Dodd-Frank swaps regulation, making a number of recommendations for “Swaps Regulation 2.0.” Giancarlo announced the publication in a fireside chat at the International Swaps and Derivatives Association (ISDA) annual conference in … Continue reading Regulator Nodes and the Future of Swap Regulation from #Cryptodad
From Equifax to Facebook, 2017 was the year of the data breach. With five of the ten largest breaches occurring this past year, over 65 percent of the American population had their personal information either stolen, sold, or studied by a third party without their consent. Yet, according to a report presented to the Federal … Continue reading Can Blockchain Technology Offer Transparency to the Privacy & Security of Our Data?
Yesterday, April 10, Michael Best's blockchain, tax, and securities & capital markets professionals Brad Jacobsen, Jim Kruse, Lyndon Ricks, Tim Schally, Evan Strassberg, and Betsy Voter hosted a complimentary webinar which discussed the securities laws applicable to initial coin ICOs, and covered everything from exempt private offerings to registered public offerings. Additionally, the panel reviewed actions … Continue reading Missed Our Webinar?
Earlier this year, I posted a blog titled “Whether You Are Raising Capital for Bitcoins or Beavers, Securities Laws Will Apply.” The most common response we hear is “So What?!” A fair question, no doubt. The brief answer is that failure to comply with applicable state and federal securities laws can result in significant personal … Continue reading So What If My Digital Token is a Security? Personal Liability in Claims made for Rescission Damages
Initial Coin Offerings – Complying with U.S. Securities Laws & Tax Issues Wednesday, April 10 at 12:00 CST. Michael Best's Blockchain, Digital Currencies & Smart Contracts attorneys will be hosting a complimentary live webinar reviewing the securities laws applicable to Initial Coin Offerings (ICOs), covering everything from exempt private offerings to registered public offerings, and … Continue reading Join Our Webinar!
The irony of going online to read "Why the Internet Will Fail", published by Newsweek in 1995, about the shortcomings of the Internet and why it will inevitably fail should not be lost on anyone. Modern Luddites may say they’re too volatile, or that they’re too risky, or their implementation and startup costs are too … Continue reading Believe the Hype: Distributed Ledger Technologies Are Here to Stay