Non-fungible tokens (NFTs), which can be used as a medium for art, music, video clips, trading cards, and other collectibles have recently become hot investments. Although no state tax agency
Continue Reading State Sales Tax on Sale of Non-Fungible Tokens (NFTs) – Questions and Answers
On Wednesday, April 7 from 12-1:30 p.m. EDT, please join Greenberg Traurig, the Hon. E. David Burt, JP, MP, Premier of Bermuda, the Chamber of Digital Commerce, and the Bermuda
Continue Reading GT’s Blockchain & Digital Assets Group Hosts ‘The New Bermuda Triangle: Managing Risks in the Digital Age’
On Feb. 18, 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a $507,375 settlement with BitPay, Inc., an Atlanta-based payment processing company that enables
Continue Reading OFAC Resolution with BitPay Highlights Importance of Sanctions Compliance for All Companies Engaged in Digital Currency Transactions
.@GT_Law's Blockchain & Digital Assets Group highlights 10 trends to expect in 2021, read them here: https://t.co/vQ6bHSctAG #blockchain #2021trends pic.twitter.com/58jkAzb0rK
— GreenbergTraurig LLP (@GT_Law) January 14, 2021
Read the full article here.
Continue Reading 2021 Trends to Watch in Blockchain & Digital Assets
On Dec. 18, 2020, the U.S. Department of the Treasury, Financial Crimes Enforcement Network (FinCEN) published a notice of proposed rulemaking (NPRM) that would impose on banks and money services
Continue Reading FinCEN Proposes to Extend Recordkeeping, Reporting, and Identity Verification Requirements to Certain Virtual Currency and Digital Asset Transactions
NEW YORK – Dec. 11, 2020 – Global law firm Greenberg Traurig, LLP was ranked in the legal category of Chambers and Partners’ 2021 FinTech Guide in the U.S., Japan,
Continue Reading Greenberg Traurig Recognized in Chambers and Partners 2021 FinTech Guide
On October 8, 2020, the Department of Justice’s Cyber-Digital Task Force (DOJ) published “Cryptocurrency: An Enforcement Framework” (the Framework), which provides DOJ’s perspective on emerging law enforcement issues and challenges
Continue Reading DOJ’s Cryptocurrency Framework: A New Perspective?
This practice note covers recent market trends in distributed ledger/Blockchain capital funding and regulation. It focuses on the legal framework for capital formation using distributed ledger/Blockchain technology to enable offerings
Continue Reading Market Trends 2019/20: Blockchain Security Token Offerings (STOs) – Regulations, Risks, Opportunities, and Potential for Riches
Barbara A. Jones, co-chair of global law firm Greenberg Traurig, LLP’s Blockchain Group, has been selected as a Law360 2020 Fintech MVP. Law360 reports that its MVP of
Continue Reading Greenberg Traurig’s Barbara A. Jones Named Law360 2020 MVP for Fintech
On Sept. 25, 2020, the SEC issued a No-Action Letter to FINRA, in response to a previously issued Joint Statement by the SEC and FINRA. This No-Action Letter detailed how
Continue Reading SEC Issues No-Action Letter Facilitating the Secondary Trading of Digital Assets