Kelsey Lemaster, a partner in Goodwin’s tax practice, will be a featured speaker at the CoinAlts Fund Symposium on Thursday, September 14 in San Francisco. Lemaster – whose practice is focused on corporate mergers and acquisitions, fund formations, private equity and venture capital investment structuring, and joint venture/other partnership transactions…
Goodwin partner and chair of the firm’s digital currency + blockchain technology practice, Grant Fondo, sat down with John Furrier at theCUBE last week to discuss the current landscape for Blockchain and Initial Coin Offerings (ICOs). theCUBE is a leading, live-interview show based in Palo Alto, CA, that covers developments…
Goodwin has recently joined the Enterprise Ethereum Alliance (EEA) Legal Industry Working Group alongside 13 other leading law firms and academic institutions, bringing together top global law firms and leading legal minds to explore building enterprise-grade applications on Ethereum. The rapid growth of the EEA Legal Industry Working Group is…
On July 26, 2017, the U.S. Department of Justice announced that a grand jury in the Northern District of California had indicted Alexander Vinnik, a Russian national, and BTC-e, the bitcoin exchange that Vinnik allegedly operated, and one of the world’s largest and most widely used digital currency exchanges. The…
The Securities and Exchange Commission (SEC) announced on Tuesday, July 25, 2017, that Initial Coin Offerings (ICOs) and other market participants offering digital assets by “virtual” organizations may be subject to the requirements of federal securities laws. The SEC made clear that simply because there is new technology involved, the SEC still…
The SEC has issued long awaited guidance regarding token sales, also referred to as ICOs. We will issue a summary of this guidance shortly, but in the interim please find the links to the SEC’s press release, investigative report, and public statement from the SEC’s Divisions of Corporation Finance and Enforcement….
A recent Delaware bill is poised to allow private Delaware corporations “use networks of electronic databases (examples of which are described currently as “distributed ledgers” or a “blockchain”) for the creation and maintenance of corporate records, including the corporation’s stock ledger.” The bill is a significant step towards the mainstream…
If you are wondering about the prospects of the OCC Fintech national bank charter under the Trump Administration, we got a sign yesterday. In his remarks to the Exchequer Club in Washington, D.C., President Trump’s Acting Comptroller of the Currency, Keith Noreika, came strong to the mic, roundly stating the…
With the near unanimous passing of a bill that will explicitly recognize the right to trade stocks using a blockchain, Delaware is making a strong case for it being the blockchain-friendliest state. The Delaware Senate Bill 69, which won a majority vote in the Senate with 20 to 0 in…
While the federal government has taken a variety of different positions in regulating distributed ledger technology, there are several important trends that are emerging in states’ regulation of such technology: 1) States are increasingly scrutinizing digital currencies. States are moving forward with regulating digital currencies, especially with respect to…