On April 3, 2019, the Strategic Hub for Innovation and Financial Technology – known as “FinHub” – of the Securities and Exchange Commission (“SEC”) published a “Framework for Investment Contract Analysis of Digital Assets” (“Guideline”) to provide additional guidance to market participants in determining whether a “digital asset” meets the definition of an “investment contract”, …Read more
Cryptocurrency companies have become all the rage. That trend may continue for some time. Most companies considering an Initial Coin Offering to U.S. investors have resigned themselves to the fact that their proposed offering is likely considered an offering of securities by the U.S. Securities and Exchange Commission (“SEC”). Thus, it must be made in …Read more