Topic: Distributed ledger technologies blockchain and smart contracts

Consumers and businesses should be able to control their financial assets and investments through use of electronic cryptocurrency platforms with confidence. What happens, however, when these platforms do not function properly or the platform operators work against their own users? Does the user have any remedies? A series of rulings over recent months provides little encouragement for plaintiffs.

On April 21, 2021, Wyoming Governor Mark Gordon signed Bill 38 into law allowing Wyoming to recognize decentralized autonomous organizations (DAOs) as limited liability companies.

On 12 March 2021, European Parliament rapporteur Johan van Overtveldt (BE, ECR) published his draft report on the European Commission’s proposal for a Regulation on a pilot regime for market infrastructures based on distributed ledger technology (DLT) [link].

The United States District Court for the Southern District of New York recently explained how providing a talk on the wrong subject to the wrong people in the wrong place can lead to criminal culpability.

On 23 September 2020 the European Commission published its long-awaited draft regulation on markets in crypto-assets (MiCA), with its accompanying annex and a draft regulation on a pilot regime for market infrastructures based on distributed ledger technology (DLTR).