Digital Currency

Is a Bitcoin ETF Destined For Failure?

For the last three and a half years, the Securities and Exchange Commission (“SEC”) has been considering whether to approve placement of the Winklevoss bitcoin ETF (“COIN”) on the Bats exchange. However, the SEC’s inaction will end by March 11th, which is the SEC’s deadline to either reject COIN, or have it be automatically approved due to the…

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Grant Fondo Comments on the Role of Blockchain Lawyers

Grant Fondo, Co-Chair of Goodwin’s Digital Currency + Blockchain Technology practice, recently spoke with The Recorder on the changing roles of lawyers in the blockchain space. The article addresses the challenges blockchain lawyers face due to the highly specialized, technical and constantly changing nature of the industry. As the industry evolves, blockchain lawyers not…

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Myanmar’s Yangon Stock Exchange to Establish Blockchain-based Stock Exchange

Daiwa Securities Group, a Tokyo-based securities brokerage, will be working with Myanmar’s Yangon Stock Exchange (YSX) to establish a Blockchain-based stock exchange by integrating Daiwa’s equity trading into the Yangon exchange platform.  Daiwa and YSX are currently testing the Blockchain platform and are in discussions with government officials to fully…

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California Digital Currency Regulation Is On Again and Then Off Again

California first proposed a licensing framework for digital currency companies in February 2015, though the bill was inactive by September 2015.  Just last week, California legislators introduced a bill that was amended from the original bill in February 2015.  Known as AB 1326, the amended bill proposed the enactment of…

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