Tag Archives: Legal

Colorado New Bill Encourages State to Adopt Blockchain for Data Security

A new state bill introduced to the Colorado Senate is looking at using blockchain technology to secure private data from cyberattacks. Introduced on Jan. 16, Senate Bill 086 suggests that using a distributed ledger would eliminate the need for paper records and in-person updating of such data. The blockchain system would subsequently (more…)

Proposed US Task Force Would Tackle Crypto Use in Terrorism Financing

U.S. lawmakers are eyeing the formation of a new task force to combat the use of cryptocurrency in financing terrorism and other illicit uses. Introduced to Congress by House Representative Ted Budd (Republican) of North Carolina on Jan. 10, a new bill aims to establish the team, dubbed the Independent Financial Technology Task Force, if (more…)

Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country’s cryptocurrency exchanges. Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country’s online exchanges amid a speculative boom in cryptocurrencies. That (more…)

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei (more…)

Goodbye ICOs, Hello TAOs? How Tokens Will Change in 2018

Christopher Pallotta and Vincent Molinari are the co-founders of Templum, an alternative trading system designed for cryptographic assets. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. As we enter 2018, it appears that blockchain’s contribution to capital formation has only begun. An unfortunate influx of both naive and bad actors begs for (more…)

2017: A Legal Renaissance, Blockchain Style

Joshua Ashley Klayman is co-head of global law firm Morrison & Foerster LLP ‘s Blockchain + Smart Contracts Group and chairs the Wall Street Blockchain Alliance Legal Working Group. The following article is an exclusive contribution to CoinDesk’s 2017 in Review, and represents the author’s personal views, not necessarily those of her employer. The (more…)

Blockchain Asset Registries: Approaching Enlightenment?

Juan Antonio Ketterer and Gabriela Andrade specialize in financial markets for the Inter-American Development Bank, the largest source of development financing for Latin America and the Caribbean. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Improving access to productive finance in Latin America and the Caribbean is the bottom line of (more…)

2018 and Beyond: Tokens Are Slowly Eating the Firm

Tekin Salimi is a corporate lawyer and principal at Xastris.io, a blockchain advisory firm specializing in regulatory, capital markets and ICO execution services. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. One of the most fascinating outcomes of the 2017 gold rush into open-source protocol development is the growth of (more…)