On January 30, 2019, a Florida appellate court reversed the trial court’s dismissal of State v. Espinoza, instead holding that a Bitcoin business was both a money transmitter and a payment instrument seller, subject to Florida’s statutes governing money services businesses.
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U.S. Judge Finds That Centra Tech Token Is a Security
By Scott H. Kimpel & Hannah Flint on
Posted in Cryptocurrencies, Initial Coin Offerings
On June 25, 2018, a magistrate judge of the U.S. District Court of the Southern District of Florida released a report finding that cryptocurrency tokens issued in an initial coin offering by a startup company are securities under the federal securities laws.
Continue Reading U.S. Judge Finds That Centra Tech Token Is a Security