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NFTs: Boon or Burden for Artists and Investors?

By: Lauren Mack and Ilana Faibish NFTs (or Non-Fungible Tokens) are the latest blockchain-based craze to take over the Internet. Memes, tweets, sports highlights, Charmin toilet paper GIFs, and yes, even quarantine flatulence recordings have been minted into NFTs...

Is Ethereum a Security?

SEC Chairman Jay Clayton recently confirmed in a letter that Ethereum and similar cryptocurrencies are not securities. This letter was in response to Representative Ted Budd’s letter asking the SEC to clarify the criteria used in determining whether a...

Wyoming’s New Frontier for Blockchain and Digital Assets

Wyoming, generally known for its great skiing and cowboy culture, is also quickly becoming an oasis for blockchain technology-based companies. The Wyoming legislature recently passed three blockchain-friendly laws—totaling 13 in the past two legislative sessions—that allow corporations structured under...

Are STOs the New ICOs?

As the SEC continues to crack down on noncompliant ICOs and token exchanges, many investors and crypto developers are expected to embrace the trend of adopting security token offerings, or STOs, due to the surer regulatory framework in which...

Legally Defining Blockchain

The lack of U.S. federal regulations governing blockchain and the crypto industry has led some states to adopt their own interpretations of these technologies. A recent New York Times article compared the diverging regulatory theories stemming from various federal...

Banking on Blockchain Patents

The U.S. Patent and Trademark Office (“USPTO”) has seen a recent tidal wave of blockchain patent filings, specifically from large banks and financial institutions, such as Bank of America and Mastercard. Though the USPTO has been receiving blockchain-related patent...