SEC concludes that “initial coin offerings” may be securities

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After an investigation, the Securities and Exchange Commission has concluded that organizations offering or selling digital assets using blockchains or distributed ledgers may be subject to securities laws, depending on the circumstances. This includes “initial coin offerings” (ICOs), a recently popularized crowdfunding method by which an organization issues virtual currencies or tokens.

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Ready or Not, Drone Technology will Change Everything

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The Federal Aviation Administration recently released a report detailing more than 190 safety incidents involving drones and commercial aircraft. In response, Senator Dianne Feinstein (D-Calif.) has vowed to push legislation that would crack down on the commercial use of drones, also called Unmanned Aircraft Systems (UAS). India’s Directorate General for Civil Aviation has already banned all use of drones in the country — even for civilian purposes.

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