Cryptoassets are coming out of the shadows. Slowly but surely. Over the past decade or so, perhaps principally driven by huge gains (and losses) in the value of Bitcoin, there has been a palpable dawning recognition that cryptoassets, and the distributed ledger technologies (DLT) that underpin and encrypt them (such as Blockchain), are here to … Continue Reading
The legal status of cryptocurrency token airdrops under U.S. securities regulations remains a topic of great interest. Many issuers wonder if they might use airdrops to avoid scrutiny of their token under U.S. securities regulations. While the definitive answer remains unsettled, a recent order from the SEC suggests it may (rightly or wrongly) treat airdrops … Continue Reading
