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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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10 Key Points of the Lummis-Gillibrand Crypto Bill
On June 7, Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY) unveiled the long-awaited 69-page draft of the Lummis-Gillibrand Responsible Financial Innovation Act (“Act”). The Act is meant to create a regulatory framework for digital assets, pioneer legal reform … Continue reading
Posted in Blockchain, Crypto, Securities and Exchange Commission
| Tagged blockchain, CFTC, crypto, digital asset, digital currency, SEC, stablecoin
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FBI Seizes $4.275 Billion in Stolen Cryptocurrency
By: Charles Gianelloni, Las Vegas Partner and Eddie Curry, Las Vegas Diversity Writing Intern (Curry is not admitted to practice law) On February 8, 2022, two individuals were arrested for conspiracy to launder cryptocurrency stolen during the 2016 hack of … Continue reading
Posted in Blockchain, Securities and Exchange Commission
| Tagged blockchain, digital currency, Fraud, SEC
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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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Welcome to our blog!
Welcome to “The Blockchain Law Blog”, a new blog created by Snell & Wilmer’s Blockchain and Digital Currency practitioners. We’re excited to share our thoughts and insights with you about this rapidly-evolving practice area. Our goal is to provide timely, … Continue reading