/ US State Legislation
New Jersey says a 2018 ICO was a Securities Offering, Demands Restitution
On July 17th 2019, the New Jersey Bureau of Securities filed a civil action complaint targeting an Initial Coin Offering (ICO) which took place in its ...
July 22, 2019Utility Tokens Are Now Exempt From State Securities Laws in Montana
Earlier this month, the state of Montana passed House Bill 0584 into law, effectively exempting utility tokens from the state’s securities laws. Tokens which meet certain criteria— such as ...
May 28, 2019US State Legislators Submit Bill to Exempt Certain Blockchain Assets from Securities Laws
On February 27th 2019, state lawmakers from the U.S. state of Rhode Island filed House Bill 5595 which, if passed into law, would effectively exempt some blockchain-based tokens from securities laws ...
March 04, 2019