Cryptocurrencies and digital assets—such as bitcoin, ether and non-fungible tokens (NFTs)—have become some of the hottest investment products in recent years.
U.S. holders of cryptocurrency have been eager to participate in the crypto lending market, but recent actions by the SEC are causing unexpected, and likely unintended, changes in how these loans are made.
By now you may have heard about NFTs: the new cryptographic asset that is having a major impact in many industries and is likely to continue to do so for many years.
In 2020, the EU Commission published its package on the digitization of the financial sector, which builds on the work of the Commission’s FinTech Action Plan and includes, among other legislative proposals, a draft Markets in Crypto-Assets Regulation (“MiCAR“).
2021 brought a huge increase in the interest of NFTs leaving many to wonder whether this fascination will continue into 2022. As 2021 comes to end, here are a few noteworthy NFT projects to remember.
Backed by noted crypto investors including Franklin Templeton and Pantera Capital, Arcade, a decentralized finance (DeFi) marketplace, has closed a $15 million Series A round to bring forth its secured financing business that allows borrowers to secure loans with the NFTs that they own.
Hollywood film studio Miramax recently filed a lawsuit against director Quentin Tarantino and others over his plans to auction off non-fungible tokens (NFTs) based on the 1994 film, Pulp Fiction.
Todd Kramer, the owner of Ross + Kramer Gallery, was reported to have tweeted on December 30, 2021 to seek help: “I have been hacked."
The curiosity, excitement, skepticism, and enthusiasm surrounding non-fungible tokens (“NFTs”) and the metaverse is at an all-time high!
As explained in our prior posts, NFTs exploded in popularity in 2021.
The regulations implementing the CCPA require that a business verify the identity of a consumer that submits a specific-information access request to a “reasonably high degree of certainty.”
The Financial Industry Regulatory Authority (FINRA) in November 2022 released a targeted exam letter pertaining to communications for crypto products and services.
It has been a long and heated debate as to whether NFTs and certain cryptocurrencies can be deemed as securities under applicable laws and precedents.
In a prior post, we wrote about the importance of reviewing the terms governing the sale of an NFT to determine what rights, if any, are included in the sale in order to commercially exploit the asset associated with the NFT, and the confusion that emerges in interpreting such terms through the lens of copyright law.
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