How 1 Court Is Shaping The Future Of Crypto Regulation
By Deborah Meshulam and Benjamin KleinMay 15, 2018, 3:54 PM EDT
Law360 (May 15, 2018, 3:54 PM EDT) -- Two cases in a New York federal courthouse have the potential to dramatically shape the future of cryptocurrency regulation. In one case, an Eastern District of New York judge recognized the CFTC’s authority to regulate virtual currencies. In the other case, a different EDNY judge will decide whether digital tokens offered during ICOs are securities subject to SEC regulation.
On March 6, 2018, Judge Jack Weinstein of the U.S. District Court for the Eastern District of New York ruled that virtual currencies are commodities subject to...