SEC Commissioner Hester Peirce recently proposed a set of regulatory solutions for U.S. token issuers through Securities Act Rule 195 and coinciding Exchange Act rules.
The Securities and Exchange Commission (SEC) recently proposed amendments to the definition of “accredited investor,” one of the principal tests for determining the eligibility of
On April 3, 2019, the SEC responded favorably to a No-Action Letter submitted by TurnKey Jet, Inc. (TKJ) detailing its proposal to offer and sell
In July 2018, Delaware amended Delaware Limited Liability Company Act (DLLCA) and the Delaware General Corporation Law (DGCL) (collectively, the Acts) to provide for the
On July 21, 2017, the Delaware Governor enacted new legislation permitting corporations to use “distributed electronic networks or databases” – aka blockchain technology – for