Cryptocurrency: Tombstones on the Road to Regulatory Clarity

In the intersection of financial markets and the internet, sometimes it seems like the only certainty in the year of cryptocurrency and “meme stocks,” like GameStop and AMC, is the continuing legal haze of cryptocurrencies. In 2019, the SEC’s FinHub released a Framework for ‘Investment Contract’ Analysis of Digital Assets (“Framework”). However, far from illuminating the path to regulatory compliance for token and virtual currency offerings, the so-called “Framework” has done little to clarify...
By: Snell & Wilmer

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