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Our Snell & Wilmer team posts updates and news about the opportunities and challenges companies face regarding blockchain technology and digital currencies.
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Federal Judge Says CFTC Can Regulate Virtual Currencies
On March 6, a Federal District Court in the Eastern District of New York entered a 79-page order that provides the Commodity Futures Trading Commission (CFTC) the power to pursue virtual currency fraudsters. Judge Weinstein held that the CFTC has … Continue reading
Do write a white paper. Don’t write a prospectus.
Initial coin offerings, or ICOs, represent a new funding mechanism for companies building blockchain-based business models. The company’s “white paper” has become the go-to document for evaluating these new blockchain-based business models. Sometimes, the white paper is a deeply technical document. Many … Continue reading
Posted in Initial Coin Offerings
| Tagged Bitcoin, blockchain, digital currency, ICO, Initial Coin Offerings, Munchee
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