Blockchain Compliance Bulletin #8 – July/August 2019

When we had the idea to publish our Blockchain Compliance Bulletin, we considered it an experiment. We weren’t sure about where this publication would have lead us.

We got much more results than we expected at first. We continuously receive positive feedback from our readers, together with useful and constructive criticism, which help us to improve the quality of our periodical.

For these reasons, we are proud to present you the 8th issue of our Bulletin.

This Summer edition offers you the updated Blockchain Compliance Rank (PDF). Compared to the previous month, Taiwan has gained several points and moved away from the ‘red area’ of the rank. On the opposite side, Russia and India continue to lose positions, due to the lack of a clear legal framework applicable to DLT projects and the continuous delays in the announced legislative updates, despite the intense interest in cryptos and Blockchain both in the Russian Federation and in the most populous democracy in the world.

In this issue, we also focus our attention on the rules for crypto-assets issued by the Financial Action Task Force (Groupe d’action financière.) We also propose two pieces about security tokens: an overview of the opportunities offered by STOs and our first analysis of an Ethereum-based real estate bond recently greenlighted by the German watchdog.

We also decided to answer three relevant questions about Initial Exchange Offerings we received in the last weeks. Finally, we tackled the investigations carried out by the U.S. Commodity Futures Trading Commission against BitMEX.

From the beginning of Autumn, we will be pleased to present a brand new website and an even better Blockchain Compliance Bulletin. In the meanwhile, we hope you’ll enjoy the reading, and we wish you happy holidays this Summer.