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
Tag: NFT
Recents . . . in crypto!
US: Visa is under scrutiny by the DOJ given its methods of charging merchants for technology it uses to protect cardholder information. Specifically, Visa, as it currently stands, charges cardholders more if they fail to use Visa’s exclusive technology; this, in turn, raises serious regulatory concerns as the DOJ seeks to address. ARGENTINA: Pro Bitcoin … Continue reading Recents . . . in crypto!
The Clock is Ticking but what Regulatory Avenue to Take?
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?
There’s an NFT Vending Machine?!?
Crypto has had quite the year with uncertainty continuing into the new year. However, any novel sort of game-changing paradigm shifting technology comes with booms and busts and natural bubble cycles. Trial and error is necessary in order to create a stable, secure, decentralized ecosystem. That being said, the uncertainty surrounding cryptocurrencies has not stopped … Continue reading There’s an NFT Vending Machine?!?
Webs Galore in Web3: NFTs in the SEC’s Eye
Breaking news in the Web3 space, the SEC is now probing crypto leader Yuga Labs over unregistered offerings, specifically the leader’s NFTs and ApeCoin, a cryptocurrency issued by ApeCoin DAO that was adopted by Yuga. At issue is whether non fungible tokens (NFTs) are investment contracts and thus securities. To determine whether NFTs are securities, … Continue reading Webs Galore in Web3: NFTs in the SEC’s Eye
The Legal Nuances of Fractionalized NFTs
If an NFT buyer does not garner exclusive ownership when buying an NFT then why even invest in an NFT in the first place? How does one even become an NFT creator or buyer? These questions are adding to the ambiguity surrounding the world of NFTs. As our traditional industries have already begun to partake … Continue reading The Legal Nuances of Fractionalized NFTs
The Art Industry Gets Creative: Art Basel Features NFTs and Blockchain Art
**Published on the Vanderbilt Journal of Entertainment and Technology Law. Read Stephanie’s full post here. Art Basel is an international art fair staged in Miami Beach. Each year, the event features the best artwork from leading galleries across the world and brings together the best artists creating such works. Despite last year’s hiatus due to … Continue reading The Art Industry Gets Creative: Art Basel Features NFTs and Blockchain Art
