Topic Archives: Blockchain

July 7, 2020 - Blockchain, Fintech

Summer of Crypto – NYDFS Announces New Initiatives and Regulatory Proposals for Conditional BitLicense and Virtual Currency Regulation

By: Susan I. Gault-Brown, Dario de Martino, Adam J. Fleisher, and Lee Adam Nisson

On June 24, 2020, the New York State Department of Financial Services (“NYDFS”) announced a series of initiatives designed to provide further guidance and resources for businesses operating in, and potential new entrants into, the virtual currency industry. The initiatives represent the first major …›

May 20, 2020 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 4

By: Susan I. Gault-Brown and Dario de Martino

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss if securities laws apply to all cryptocurrencies in the same way. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use …›

May 19, 2020 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 3

By: Susan I. Gault-Brown and Dario de Martino

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how securities laws apply to cryptocurrencies. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, …›

March 27, 2020 - Blockchain, Fintech

CFTC Issues Final "Actual Delivery" Interpretation for Virtual Currencies

By: Susan I. Gault-Brown, Dario de Martino, and Mara Elyse Goodman

On March 24, 2020, the Commodity Futures Trading Commission (“CFTC”) issued its final interpretive guidance (the “Interpretation”) concerning the meaning of “actual delivery” in the context of retail commodity transactions involving “virtual currencies.” The Interpretation provides that, in the CFTC’s view, actual delivery of …›

March 17, 2020 - Artificial Intelligence + Robotics, Blockchain, Fintech

Compliance for a Digital World: BSA/AML

By: Dario de Martino, Marc-Alain Galeazzi, Vivian L. Hanson, and Lee Adam Nisson

The New ABC's: Artificial Intelligence, Blockchain and How Each Complements the Other BSA/AML compliance programs in the United States are often associated with high costs and inefficiencies. At the core of the problem is the lack of standardization across institutions and BSA/AML compliance processes such …›

March 12, 2020 - Artificial Intelligence + Robotics, Blockchain, Fintech

The New ABC’s: Artificial Intelligence, Blockchain and How Each Complements the Other

By: Dario de Martino, Vivian L. Hanson, Dong Hun (Don) Lee, and Lee Adam Nisson

Artificial intelligence (AI) and blockchain technology are two novel innovations that offer the opportunity for us to move beyond our legacy systems and streamline enterprise management and compliance in ways previously unimaginable. Each technology augments the strengths and tempers the weaknesses of the other. …›

January 7, 2020 - Blockchain, Fintech

Maryland a Leader in Embracing Blockchain Technology

By: Tracy A. Bacigalupo

In an article authored for Today’s General Counsel, partner Tracy Bacigalupo discusses how new legislation in Maryland, Senate Bill 136, provides Maryland-formed companies with the statutory framework necessary to migrate their businesses to a blockchain-enabled platform. The legislation reinforces Maryland as a ‘go to’ …›

December 16, 2019 - Blockchain

Blockchain Basics

By: Dario de Martino

In Blockchain Basics, a three-part series that summarizes a roundtable on the burgeoning technology at the ACC Global GC Summit in London, Morrison & Foerster’s Dario de Martino discusses blockchain across industries. In the first article, Dario covers the basics of blockchain. In the second …›

December 9, 2019 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 2

By: Susan I. Gault-Brown

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown discusses cryptocurrencies and similarities to bitcoin and Ether. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, store, and record valuable data …›

December 4, 2019 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 1

By: Susan I. Gault-Brown and Dario de Martino

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how securities laws apply to blockchain technology. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use it to share, …›