Some recent moves by the Securities and Exchange Commission (SEC) provide digital currency startups with an easier path to procuring up to $50 million in capital. A brief history of crowdfunding legislation is in order. Prior to 2012, the securities market was primarily open only to accredited investors – defined…
Since the turn of the century, exchange traded funds (ETFs) have grown from an industry of less than $100 billion to a $2 trillion behemoth. And as virtual currencies such as Bitcoin continue to permeate the mainstream — Overstock.com now accepts payment in Bitcoin, as do thousands of other online…
Happy New Year! With the bottles popped and the confetti descended, we take a look at the some of the most important legal and regulatory developments in the U.S. this past year. Federal Money Transmitter Law The most prolific regulatory actor in 2014 was by far the Financial Crimes Enforcement…