Ethereum News: Law And Legislation

February 16th 2017

State Lawmakers Increasing Their Focus On VC & Blockchain Technology

Coinbase files motion intervene IRS

Coinbase Files Motion To Intervene On IRS Summons

On January 11, 2017, Coinbase filed a motion in federal court seeking to intervene and challenge an IRS summons. Coinbase's motion will be heard on February 16, 2017, along with a motion to intervene filed earlier by Jeffrey K. Berns, a Coinbase customer and managing partner of Berns Weiss LLP.
Berns motion intervene IRS

Coinbase Customer Responds To IRS Opposition

On January 3, 2017, Mr. Berns filed a reply in response to the IRS’s response to his motion to intervene. The reply counters the government’s argument and outlines why the court should reject the government’s attempt to artificially moot the motion.
Ethereum ecosystem recap 2016

Looking Back At Ethereum In 2016

2016 was a big year for Ethereum. In this piece, we explore many different facets that have contributed to its growth this past year. DAO Wars, using the fork, and Devcon2 are just a few highlights.
ICO issuers self regulate

ICO Issuers Must Self-Regulate While Regulators Get Up To Speed

An Initial Coin Offering has become a popular way for virtual currency entrepreneurs to raise funds for a new project or concept. This type of venture capital model, a hybrid between initial public offerings and crowdfunding, has been used to finance many virtual currency projects. However, as state and federal regulators have not enacted disclosure regulations that are specific to ICOs, there is little protection for investors. In order to maintain investor confidence, ICO issuers must proactively self-regulate and engage in responsible disclosure practices until a regulatory framework is in place.
   

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