September 16, 2020 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 7

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss cryptocurrencies, if they are commodities, and if it is possible they're also securities. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how …›

September 9, 2020 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 6

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

September 3, 2020 - Blockchain

Understanding Blockchain - Blockchain and Securities Law - Part 5

In this episode of “Understanding Blockchain,” Morrison & Foerster’s Susan Gault-Brown and Dario de Martino discuss how to determine whether "utility tokens" are securities or not. This ongoing series is dedicated to providing an overall understanding of blockchain technology and how companies can use …›

July 7, 2020 - Blockchain, Fintech

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

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

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

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

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 …›

Compliance for a Digital World: BSA/AML

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 …›

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

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. …›