MoFo Tech

May 02, 2019 - Blockchain
Blockchain Technology Embraced by Maryland Legislature
Morrison & Foerster partner Tracy A. Bacigalupo and the Blockchain + Smart Contracts Group are delighted to have played a role in the genesis and implementation of Maryland Senate Bill 136, which amends the Maryland General Corporation Law to permit certain corporate records (including
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April 12, 2019 - Blockchain, Financings, Fintech
SEC Issues Historic No-Action Letter and Releases Framework for “Investment Contract” Analysis of Digital Assets
By: Alfredo B. D. Silva
On April 3, 2019, the Strategic Hub for Innovation and Financial Technology of the U.S. Securities and Exchange Commission (“SEC”) published two pieces of guidance on when a blockchain-enabled digital asset will, or will not, be considered a security. The first piece of guidance
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April 11, 2019 - Blockchain, Financings, Fintech
FSA Proposes Bill to Amend Japanese Laws Regulating Cryptocurrency-Related Businesses
By: Seth M. Graham
The Japanese Financial Services Agency (“FSA”), Japan’s primary financial regulator, announced on March 15, 2019, that it was submitting a bill to the Diet to amend both the Payment Services Act (the “PSA”) and the Financial Instruments and Exchange Act (the “FIEA”) relating to how the
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April 03, 2019 - Regulatory, Blockchain, European Union, Financings, Fintech
FCA Guidance on UK Crypto-Assets Regulation
The United Kingdom’s Financial Conduct Authority published draft guidance on the circumstances in which crypto-assets will fall within its regulatory perimeter and has invited comments and feedback on the draft guidance by 5 April 2019. In particular, it explains how it divides crypto-tokens into
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February 14, 2019 - Blockchain, Financings, Fintech
Tokenization + the SEC – Part 1
Dario de Martino discusses the real possibilities and opportunities around security tokens, from a business standpoint, the legal perspective, and from a retail investor point of view. Topics include: What are the advantages of tokenizing securities? How do Securities laws work generally in the
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February 06, 2019 - Blockchain, Fintech
Transforming the U.S. Healthcare Industry with Blockchain Technology
By: Spencer D. Klein, Julie O'Neill, Lee Adam Nisson and Mary Race
Patients accumulate vast quantities of healthcare data over the course of their lives. Those data are generally housed in centralized servers operated by various unrelated industry participants, including government regulators and payors, insurance carriers, hospitals, doctors, pharmacies and pharmaceutical companies. Unfortunately, those repositories rely
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September 20, 2018 - Blockchain, Fintech
Structuring Secondary Token Sales: How to Monetize Digital Tokens Under U.S. Securities Laws
By: Alfredo B. D. Silva
There is now wide legal consensus that organizations that seek to sell tokens for capital-raising purposes in the United States should register their tokens with the U.S. Securities and Exchange Commission or rely on available registration exemptions. However, many token investors and other recipients
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July 23, 2018 - Blockchain, Financings, Fintech
Payments and Lending: Trends to Convergence in the Indonesian FinTech Industry
Originally, there were no foreign ownership limits for a non-bank company to act as an e-Wallet provider, e-Money issuer or fund transfer operator, leading to an influx in applications from foreign owned providers in Indonesia. On 7 May 2018, Bank Indonesia (“BI”) published a
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June 19, 2018 - Blockchain, Financings, Fintech, Mergers + Acquisitions
The Journey from Security to Non-Security: SEC Director Comments on Mutability of Token Treatment
By: Spencer D. Klein, Alfredo B. D. Silva and Mark S. Wojciechowski
Many in the blockchain and cryptocurrency community were in a celebratory mood on June 14, 2018, following a landmark speech given by William Hinman, Director for the Division of Corporation Finance of the U.S. Securities and Exchange Commission (the “SEC”). Director Hinman’s remarks addressed,
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March 19, 2018 - Regulatory, Blockchain, Financings, Fintech
8 Key Items You Need to Consider Before Staging Your ICO
By: Spencer D. Klein
With over $8.8B raised via Initial Coin Offerings (ICOs) since 2014, and over 1,200 tokens in circulation with a combined market capitalization of over $300B, it’s not surprising that ICOs are an increasingly popular fundraising tool. In this post, we discuss eight key items
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Topic Archives: Blockchain

Blockchain Technology Embraced by Maryland Legislature

SEC Issues Historic No-Action Letter and Releases Framework for “Investment Contract” Analysis of Digital Assets

By: Alfredo B. D. Silva

FSA Proposes Bill to Amend Japanese Laws Regulating Cryptocurrency-Related Businesses

By: Seth M. Graham

FCA Guidance on UK Crypto-Assets Regulation

Tokenization + the SEC – Part 1

Transforming the U.S. Healthcare Industry with Blockchain Technology

By: Spencer D. Klein, Julie O'Neill, Lee Adam Nisson and Mary Race

Structuring Secondary Token Sales: How to Monetize Digital Tokens Under U.S. Securities Laws

By: Alfredo B. D. Silva

Payments and Lending: Trends to Convergence in the Indonesian FinTech Industry

The Journey from Security to Non-Security: SEC Director Comments on Mutability of Token Treatment

By: Spencer D. Klein, Alfredo B. D. Silva and Mark S. Wojciechowski

8 Key Items You Need to Consider Before Staging Your ICO

By: Spencer D. Klein