Legal Challenges in Defining and Regulating Smart Contracts

Written by: Aaron Krowne Smart contracts—self-executing agreements encoded onto blockchain networks—are revolutionizing business processes across industries like finance, real estate, and supply chain management. These contracts automatically execute the terms of an agreement once predefined conditions are met, reducing the need for intermediaries and promising greater efficiency, transparency, and security. However, as with any transformative technology, […]

ICO Securities Compliance: Navigating the Legal Landscape

Written by: Aaron Krowne Initial Coin Offerings (ICOs) have become a popular method for blockchain ventures to raise capital. However, the rise of ICOs (and other forms of token-issuances, sometimes also called “Initial DEX Offerings” or “IDOs”, “Initial Exchange Offerings” or “ILOs”, or a variety of other terms–hereunder, all “ICOs”) has brought significant regulatory scrutiny, […]

Regulatory Compliance Memos for Cryptocurrency

Regulatory compliance memoranda (“memos”) are essential documents that help cryptocurrency and blockchain businesses understand and adhere to relevant legal and regulatory requirements.  These memos typically provide detailed analyses of relevant regulatory frameworks, evaluate the likelihood of their applicability to certain circumstances, outline compliance strategies, and offer guidance on navigating complex legal landscapes.  This article will […]

SEC Partially “Walks Back” Loathed SAB 121 Rule

Written by: Aaron Krowne Introduction The Securities and Exchange Commission (SEC) has long been a central figure in regulating financial markets in the USA. However, its stance on cryptocurrency has often drawn criticism from industry players. One such instance is the issuance of Staff Accounting Bulletin No. 121 (SAB 121) in March 2022, a controversial guidance […]