Resources and Conferences

On October 18, 2018, the U.S. Securities and Exchange Commission (SEC), announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub).[1]  FinHub is a resource for industry engagement between financial technology companies (fintechs), market participants, the public, and the SEC.  This client update provides a high-level overview of the FinHub initiative and how the SEC envisions industry participation.

FinHub is designed to serve as a focal point for the SEC to engage with fintech companies.  Led by Valerie A. Szczepanik, Senior Advisor for Digital Assets and Innovation and Associate Director in the SEC’s Division of Corporation Finance, FinHub provides a portal where the public can engage directly with SEC staff, request a meeting, and receive updates and information about upcoming initiatives.  The SEC’s expectation is that FinHub will provide a clear path for entrepreneurs, developers, and their advisers to engage SEC staff, seek input, and test ideas.  The FinHub portal covers various fintech topics, such as distributed ledger technology (including digital assets), automated investment advice, digital marketplace financing, and artificial intelligence/machine learning.  FinHub also offers a detailed request form, accessible here, that allows submission of background information and supporting documents for a meeting request or request for other assistance.


Continue Reading SEC Launches FinHub for Engaging with Fintech and Blockchain Companies

While cryptocurrencies and digital tokens — also known as “digital assets” — have disrupted traditional notions of commerce, capital and investing, there is another asset which any company engaged in this space will need: insurance. Given the rapidly-evolving nature of this new technology and the uncertainties surrounding applicable laws and regulations, it can be challenging to figure out the types of insurance products that should be considered. Any company engaged in this space should ask itself the following questions to help determine which lines of insurance it should consider.

Continue Reading Cryptocurrencies: Matching insurance to risks and exposures

Proud to be a part of the Chamber of Digital Commerce’s newest whitepaper “Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers & Practitioners” Special thanks to the Perkins team: Joseph Cutler, Michael Didiuk, Dax Hansen, Fred Fedynyshyn, Stephen Keen, Tom Ahmadifar and Michael Selig for contributions to the Chamber’s Token Alliance guidelines for policymakers.

Understanding the Blockchain & Tokenization Revolution

Thursday, February 15, 2018
5:30 p.m. – 10:00 p.m.
Registration/doors open at 5:00 p.m.
There is no charge to attend.

Perkins Coie, Chicago Office
131 South Dearborn Street, Suite 1700
Chicago, IL 60603

Click here to register.

Join the blockchain teams from Perkins Coie, bloq, and the Chicago Blockchain

Earlier today, the International Swaps and Derivatives Association (ISDA) sponsored a webinar, “The Foundations of an Efficient Market Infrastructure,” that focused on an initiative by ISDA’s Market Infrastructure and Technology Committee to facilitate the adoption of emerging technologies (DLT, smart contracts)into the trading, documentation and processing of derivatives.

The focus of the conference

Upcoming Token Sale Presentations featuring Perkins Coie LLP!

Webinars:

The Token Sale Summit Webinar
September 16
12:00 p.m. – 2:00 p.m. (PST)

Dax Hansen – is one of the featured speakers

Free to attend: To register and more information, click here.


ICOs: Regulatory Analysis by Jurisdictions Worldwide
September 27, 2017

Sarah Hody – is

Recently, there has been growing interest in whether, and in what circumstances, crypto-tokens may constitute “investment contracts” under the U.S. Supreme Court’s Howey test, rendering them securities subject to regulation in the United States.  The following resources take a deep dive into that issue, exploring the structural, marketing and other key considerations that may make crypto-tokens more or less likely to be securities under Howey.  As these resources demonstrate, the Howey test is highly fact-dependent, indicating that certain crypto-tokens may be securities under Howey whereas others – if properly designed – may not.


Continue Reading Resources on Crypto-Tokens and Securities Law

We are pleased to release two in-depth white papers discussing cutting-edge legal and technology issues applicable to smart contracts and self-sovereign identity systems.

In the smart contracts white paper, Dax Hansen, Partner and Chair of the Blockchain and Digital Currency Industry Group, and Carla Reyes, Visiting Assistant Professor of Law at the

In this recently published Perkins Coie white paper, the authors analyze the treatment of bitcoin under applicable U.S. property law.  The authors conclude that property interests should exist in bitcoin under such law, and that multiple sources of persuasive authority provide additional support for that conclusion. The paper is divided into 5 parts:

  • Treatment of