We posted earlier this year about increased scrutiny of cryptocurrency advertising, especially the promotion of Initial Coin Offerings, or ICOs. The key takeaway from that post was that the frenzy around cryptocurrencies – including as an investment opportunity for individuals who aren’t otherwise active investors – has led to a number of efforts to curtail cryptocurrency promotion, from both regulators and industry stakeholders.… More
Tag Archives: Blockchain
Watch: Regulatory Considerations and Blockchain Technology – Best Practices for In-House Counsel
Co-hosted by Foley Hoag LLP and ACC-Northeast
The emergence of blockchain technology, and its use to create digital tokens and currencies, raises numerous legal questions and challenges, across a wide variety of industries.
This webinar is a chance for in-house counsel to learn what blockchain technology is, the relevant legal and regulatory considerations surrounding blockchain technology and cryptocurrency, how to navigate the various areas affecting digital tokens and currency,… More
Bitcoin Takes A Hit As Cryptocurrency Advertising Faces Increased Scrutiny
Crypto is a Greek prefix meaning “secret” or “hidden.” Unless you live under a rock, or in one of several countries like Bolivia where buying and selling it is illegal, there is nothing secret or hidden about cryptocurrency. It’s everywhere. And public interest in cryptocurrency has led to lots of advertising, mostly on social media and the internet.
Spurred on by an incredible—some might say too-good-to-be-true—increase in value in late 2017,… More
Recent Federal Legislation Demonstrates Growing Federal Interest in Blockchain for Cybersecurity
Recent federal legislation indicates a growing federal interest in blockchain as a potentially integral technology in cybersecurity systems. This comes on the heels of recent legislation in the New York Assembly also suggesting state level interest in blockchain.
On December 12th, H.R. 2810, the “National Defense Authorization Act for Fiscal Year 2018,” was signed into law. This law was, first and foremost,… More
Recent New York Legislation Demonstrates Growing Governmental Interest in the Use of Blockchain for Cybersecurity
Recent legislation in the New York State Assembly reflects a growing governmental interest in blockchain as a technology in cybersecurity systems. On November 27, four different bills addressing blockchain technologies were introduced into the New York State Assembly. Most significant among these is Assembly Bill 8793, which would establish a task force to study and report on the potential implementation of blockchain technology in state record keeping,… More
Cybersecurity 2018 – The Year in Preview: Cryptocurrencies and Blockchain
Editors’ Note: This is the last in a nine-part end-of-year series examining important trends in data privacy and cybersecurity during the coming year. Previous installments include analyses of HIPAA compliance, emerging security threats, federal enforcement trends, state enforcement trends, … More