March 19, 2018 - Blockchain, Financings, Fintech

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 it …›

February 23, 2018 - Blockchain, Financings, Fintech

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 …›