The recent announcement of the Libra Association and its Libra Coin officially revealed Facebook’s worst kept secret. They are venturing into blockchain technology. After reviewing the Libra White Paper, two immediate questions come to mind. Is Libra trying to take…
There is a misconception that cryptocurrencies are not being regulated in the United States. In actuality, the Internal Revenue Service (IRS) first issued guidance on virtual currencies way back in 2014. The IRS is currently working on updating their tax forms…
Blockchain technology has developed into its own practice area of specialization for attorneys. However, the technology’s growing adoption is affecting other practice areas not directly related to blockchain.
There are five professionals that need to know and understand blockchain technology now.
Since the announcement of Libra, members of Congress have been increasingly vocal with their concerns. Last week’s congressional hearings which included Calibra head David Marcus, consisted of two days of gaining significant insight into what officials were worried most about…
The Future of Initial Coin Offerings: Will the ICO Market Correct Itself Before it’s too late? (2 of 2) The crypto world has witnessed a roller coaster like rise and decline of initial coin offerings (ICOs). According to ICOdata, since…
The Future of Initial Coin Offerings: Will the ICO Market Correct Itself Before it’s too late? (1 of 2) What is an ICO? The term ICO is short for Initial Coin Offering, and is a fundraising strategy employed by blockchain…
What is The Difference Between Cryptocurrencies, Coins and Tokens? When discussing blockchain technology and cryptocurrency the terms “cryptocurrencies”, “coins” and “tokens” are often used so interchangeably that it would seem as if they in fact all share the same meaning.…