Next week, blockchain is taking over The Cyberlaw Podcast once again. On April 29, Steptoe partners Alan Cohn, Gary Goldsholle, and Will Turner will reconvene to discuss the latest in blockchain and cryptocurrency regulation. At the top of the list is the suite of updates coming out of the U.S. Securities and Exchange Commission, including the Framework for “Investment Contract” Analysis of Digital Assets and a No-Action Letter regarding TurnKey Jet, Inc. We’ll consider what this means for companies trying to issue tokens and lay out potential permissible token launch models. We’ll also examine two recent filings: (1) Blockstack’s filing for a $50M regulated token offering; and (2) Acra’s filing to issue its shares as digitized securities, Acra UST Coins.
Our guest speaker, Jeff Bandman, Co-Founder and Board Member of Global Digital Finance, will add an industry perspective on key regulatory issues such as their recent response to the Financial Action Task Force’s interpretative note on mitigation risks from virtual assets.