Publication
Global Asset Management Review: Issue 4
Welcome to the third issue of Global Asset Management Review.
How and when can a cryptocurrency or token offering transform from a security into a commodity or something else that is not subject to the securities laws? In his Blockchain Law column, Robert Schwinger discusses one approach that some issuers have tried in order to avoid or minimize having to face securities law requirements: “simple agreements for future tokens” or SAFTs.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain Law column.
Read the entire column, A "Telegram" to SAFTs: "Beware!".
Publication
Welcome to the third issue of Global Asset Management Review.
Publication
On 13 November 2025, the European Parliament adopted (subject to certain amendments) the substantive Omnibus Directive which was proposed by the European Commission on 26 February 2025 (see our previous briefing here). On 16 December 2025, the European Parliament adopted further proposed amendments.
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