Pros And Cons Of California's New Corporate Blockchain Law

By Sara O’Connell and Riaz Karamali (October 19, 2018, 1:40 PM EDT) -- Starting in January, a new California law will allow privately held companies to use blockchain technology for certain corporate records. We expect that this law will enable California corporations to issue equity securities as "security tokens" in security token offerings. This is still relatively uncharted territory, and corporations considering this move should weigh potential advantages and disadvantages before taking advantage of the new law....

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