Cryptocurrency Compensation: A Primer on Token-Based Awards
- These days more and more companies are using virtual tokens to compensate and incentivize founders, directors, employees, and other service providers. For the most part, these token-based awards emulate traditional equity-based awards, but they differ from those awards in some important ways, particularly when... ›
E-Money and Electronic Payments: Foreign Investment in the Philippine Financial Technology Sector
The combination of low levels of financial inclusion, a steadily growing GDP and high smart phone usage has resulted in the Philippines becoming a key market in Asia for venture capital and private equity investors, as well as strategic players looking for investment or... ›Understanding the CFTC’s Proposed Interpretation of “Actual Delivery” for Cryptocurrency Retail Commodity Transactions
Subject to certain exceptions, the Commodity Exchange Act (CEA) makes it unlawful to enter into a transaction in any commodity with someone who meets the CEA’s definition of a “retail customer.” Nevertheless, many cryptocurrency platforms currently serve retail customers, relying on the CEA’s “actual... ›SEC Staff Raises Concerns Related to Cryptocurrency ETFs and Mutual Funds
By: Kelley A. Howes
On January 18, 2018, the Securities and Exchange Commission’s (SEC) Division of Investment Management broke its relative silence regarding the recent growth of cryptocurrencies and cryptocurrency-related products. While signaling that registration of funds intending to invest substantially in cryptocurrency and related products is not... ›Five "C"s To Watch in Silicon Valley’s Emerging Venture Capital Ecosystem in 2018
By: Murray A. Indick
In the coming year, start-up businesses and their investors should note the following areas, each of which can be boiled down to a single word that begins with the letter “C”: the importance of having access to the best human capital (“connections”); the likelihood... ›Proceed To Check Out? The Impact Of 2018 European E-Commerce Reforms
By: Alistair Maughan, Kristina Ehle and Sana Ashcroft
The European Union (EU) has made reform of the e-commerce rules in Europe one of its main priorities for 2018. The European Commission has already published two proposed Directives relating to cross-border e-commerce but legislative progress has been slow – a situation that the... ›KNO-MO? The Seemingly Small (Yet Actually Chasmic) Gap Between Crypto Knowledge & Crypto Capability
Many consumers are knowledgeable enough about cryptocurrencies to be able to identify which tokens they want to purchase, but not tech-savvy enough to know how to purchase those tokens. Businesses that can provide better instruction on token purchasing or create more user-friendly interfaces are... ›Why The Delaware Blockchain Initiative Matters To All Dealmakers
By: Geoffrey R. Peck and Mark S. Wojciechowski
Delaware, the state where more than half of all U.S. publicly traded companies are incorporated, has taken steps to facilitate a favorable legal and regulatory environment for the development of blockchain technology. The state’s initiatives are designed to, among other things, enable companies to... ›The Most Common Intellectual Property Mistakes of Startups
By: Timothy J. Harris
According to Tim Harris, a partner in Morrison & Foerster’s Emerging Companies + Venture Capital Group, many startups open themselves up to intellectual property disputes by failing to: Secure title to the IP upon which their startups are based; Obtain valid invention assignment agreements... ›Why Should Your Startup Care About Intellectual Property?
By: Timothy J. Harris
Intellectual property adds value to a startup by giving it the ability to: Exclude others from providing a particular product or service; Differentiate its product from legacy solutions and competition; Demonstrate its ability to innovate, making it an attractive investment or acquisition; Exploit its... ›