UnionPay is a Chinese financial services corporation that operates a global payment network called UnionPay Network. It was established in 2002 and is now one of the world’s largest payment card issuers, competing with international networks like Visa and Mastercard. …

Liquidity Transport Protocols are an essential part of the DeFI landscape as the protocols facilitate the efficient movement of liquidity between different cryptocurrency exchanges or trading platforms. Cryptocurrency exchanges are typically independent platforms where users can buy, sell, and trade various digital assets. Each exchange operates its order books and…

On September 22, 2022, the Commodity Futures Trading Commission (CFTC) filed suit against Ooki DAO alleging that Ooki was operating an unlicensed retail commodity interest exchange (leveraged crypto trading). …

To the majority of cryptocurrency traders, Ripple is viewed as . . . just that, cryptocurrency. However, Ripple the cryptocurrency (XRP) is a small element of the entire ecosystem. …

Since the advent of Initial Coin Offerings, promoters have sought to sell their tokens through various “funding portals,” the majority of which have ignored or skirted equity crowdfunding regulation. But, as with everything in cryptocurrency, there is significant grey area when crowdsourcing a token sale. Crowdfunding Regulation Today, a majority…

A cryptocurrency airdrop is a distribution of free tokens or coins to holders of a particular cryptocurrency or to individuals who meet certain criteria. It is called an “airdrop” because the tokens or coins are “dropped” or distributed to a large number of people at once. …

I must get this question 2–3 times per month from individuals who have had their funds frozen (mostly without reason) by financial institutions, and in particular banks. The question that always comes up with whether the bank having held the funds is legal? The Unfortunate Answer Yes, a bank can…

Despite the collapse of popular crypto lending platforms such as Celsius and BlockFi, platforms such as Aave and Nexo remain. But what is the regulatory landscape that they now face and what can early stage lending platforms expect? P2P Crypto Lending Peer-to-peer (P2P) crypto lending platforms have emerged as a…

The legality of selling trade signals for cryptocurrency is dependent upon the most pressing regulatory issue facing the industry — is the cryptocurrency in question a utility, security or commodity? Trade Signals Trade signals, also known as trading signals or trading indicators, are indicators or triggers that suggest potential buying…