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SEC files its first enforcement action against alleged sponsors of initial coin offerings

On September 29, 2017 the U.S. Securities and Exchange Commission (the SEC) filed a civil complaint in the U.S. District Court for the Eastern District of New York against the sponsors of two “initial coin offerings” (ICOs)...more

Delaware Passes Law Permitting Companies to Use Blockchain Technology to Issue and Track Shares

On Friday July 21, 2017, Delaware's Governor John Carney signed into law amendments to Delaware's General Corporation Law to account for the use of blockchain technology in corporate record-keeping. The legislation will be...more

Westworld: A summary of the Money 20/20 conference 2016

It is perhaps natural to assume that a transaction on the old West frontier at the turn of the twentieth century is a world away from the future of Fintech and payments. However such an assumption is misplaced for two...more

Decentralized Autonomous Organizations

A Decentralized Autonomous Organization (DAO) is a computer program, running on a peer-to-peer network, incorporating governance and decision-making rules. DAOs can be programmed to operate autonomously, without human...more

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