Update oncourters, today is no longer the day the SEC will decide on all the spot bitcoin exchange-traded fund (ETF) applications filed by applicants earlier this year; the SEC has now delayed making a decision to October. Such applicants include BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets. The delay means … Continue reading SEC Defers Decisions on Six ETF Applications
On August 29th, 2023, after previous rejection, an appeals court held that the SEC must review Grayscale’s ETF bid. Specifically, the court noted the SEC's decision to reject the Grayscale Bitcoin ETF application was "arbitrary and capricious" in its ruling. As per the filings, See https://www.docdroid.net/vrehbKf/dc-cir-22-1142-01208547571-0-pdf, the court hereby ordered Grayscale's petition for review to … Continue reading The Salvation from the Crypto Winter: Appeals Court Rules SEC Must Review Grayscale’s ETF Bid
Currently, crypto has become more of a wild west than ever before. With the lack of federal clarity, crypto has been much of a free-for-all, leaving investors to suffer losses due to terrorist financing, money laundering, and fraudulent actors like FTX (thanks, Sam Bankman Fraud) and Celsius. We have heard growing calls for regulation… but … Continue reading The Clock is Ticking but what Regulatory Avenue to Take?
On March 31, 2022, the Securities and Exchange Commission (“SEC”) released Staff Accounting Bulletin No. 121 (“SAB 121”) to provide guidance for companies in their handling of crypto-assets and to provide investors with the knowledge to make informed decisions. Specifically, SAB 121 focuses on the reporting and disclosure requirements for companies who hold crypto-assets, as … Continue reading More Certainty or More Ambiguity for Crypto-Asset Regulation?
At the crossroads of our virtual and real worlds––the online and offline––lies the metaverse. As we try to navigate the metaverse’s technology-advanced, online roads, much of our imagination has enabled us to enter and explore this entirely new world. Indeed, it is our imaginations that set the scope and the limitations of such a world. … Continue reading Is it Time to Set Up Shop in the Metaverse?
You know that buzzword “AI” or “Artificial Intelligence” you’ve heard being thrown around? The one that comes with talk of robots taking over the world by the end of 2050? Well, while many buzzwords are evanescent in nature, and even though the very being of AI relies on artificial, non-human systems or machines, there is … Continue reading Part 2 ~ An Intelligent Way to Protect the Artificial Inventor
Must an “inventor” be a human being? Indeed, in Thaler v. Commissioner of Patents the U.S. District Court for the Eastern District of Virginia upheld the view of the United States Patent and Trademark Office: Artificial intelligence (AI) algorithms cannot be inventors for the purposes of a U.S. patent. Through a textualist lens, the court … Continue reading Part 1 ~ The Artificial Inventor: Is Artificial Intelligence Eligible to be an Inventor on a Patent?
on court with steph 