Blockchain Byte: claims for losses from crypto activities
A 2022 study by Roy Morgan found that approximately 1 million Australians aged 18 and over now own at least one form of cryptocurrency – so...
Tagged: law updates
NFTs and the enduring allure of digital collectibles
Editor’s note: This article is the first in a series by Katten lawyers examining NFTs and various emerging legal issues raised by NFTs, including in copyright...
Blockchain Law III: strengthening the rules for security over digital assets
LUXEMBOURG PARLIAMENT VOTED BILL. NO. 8055 ON CERTAIN ASPECTS OF THE DLT PILOT REGIME APPLIES LAW ON 14 MARCH 2023. IT INTRODUCES SPECIAL RULES FOR FINANCIAL...
Property type of crypto assets under Turkish law
Introduction The increasing use of crypto-assets as an investment instrument and their significant valuation requires the recognition of these assets by the legal systems. This is...
Dapper Labs Inc. and NBA Top Shot Moments NFTs: How the Howey Test Can Determine Whether NFTs Are Securities
Dapper Labs has been under fire since Jeeun Friel, a Virginia woman and NBA Top Shot user, filed a putative class action lawsuit against Dapper Labs,...
What are smart contracts on Blockchain?
If you’ve been paying any attention at all to news about Web3, the metaverse, non-fungible tokens (NFTs), or cryptocurrency, you’ve probably heard about smart contracts. You’re...
Blockchain III Law: Luxembourg Implements EU DLT Pilot Regime and Recognizes the Use of DLT for Financial Security Schemes
On March 9, 2023, the Luxembourg Parliament passed the Blockchain III Law.1 The Blockchain III Act – which was published on 17 March 2023 – amends,...
China (and other nations) may win the Blockchain Race against the US
I recently read a great article in Politico by Brandon Possin, a US foreign service officer (and friend of my colleague Fred Rocafort) currently stationed at...
Banking & Fintech Newsletter – Issue No. 38
Landmark judgment – administrative fines issued by the FIAU are considered unconstitutional In a judgment handed down on 30 March 2023, the Maltese Constitutional Court declared...
Bank Negara proposes changes to the Fintech Sandbox Framework
Bank Negara Malaysia (‘BNM‘) issued a Exposure draft of the Financial Technology Regulatory Sandbox Framework policy document (‘Exposure Draft‘) March 28, 2023. When the policy document...