Entries by Gregory L. Watkins

An Introduction to Blockchain

Often confused as being synonymous with bitcoin or other cryptocurrencies, blockchain is the underlying technology upon which the cryptocurrency concept was built. Blockchain first made its debut in 2008, and its relationship to bitcoin has been compared as such: blockchain is to bitcoin, what the internet is to email. As blockchain developed, people began to […]

Ohio To Recognize Blockchain Technology

On November 2nd, 2018, an Ohio law goes into effect allowing records and contracts secured by blockchain data. This comes after Governor John Kasich signed Senate Bill 220 (SB220) in August, which amends Ohio’s Uniform Electronic Transactions Act (UETA). UETA ensures electronic transactions are enforced to the same effect as written transactions. SB220 amends the […]

SEC Addresses Regulation of Digital Asset Securities

The Securities and Exchange Commission (SEC) recently issued a statement making it clear that federal securities laws apply to securities issued using new technologies, such as blockchain. The SEC’s Statement on Digital Asset Securities Issuance and Trading highlighted recent enforcement actions falling into three categories: initial offers and sales of digital asset securities (DAS), investment […]