Tag: Michael Bacina

Louisiana lauds legislation establishing licensing regime for virtual currency businesses

Reading Time: 2 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | Jun 26/2020 The Governor of Louisiana has recently signed and made effective the legislature HB701, the Virtual Currency Businesses Act, to regulate and license virtual currency businesses. Sponsored by state Rep. Mark Wright (R-77), HB701 sailed through the state House […]

Security Token liquidity: Are we there yet? Are we there yet? When are we going to get there?

Reading Time: 4 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | Jun 12/2020 For the last few years, the potential for security tokens to disrupt traditional financial markets has been a beacon of hope to blockchain enthusiasts and investors and a mantra chanted at many blockchain conferences. Of course, the prospect […]

Blockchain brings trust to commercial drones says US Department of Transportation

Reading Time: < 1 minute Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | May 15/2020 The US Department of Transportation has issued a report on the benefits of blockchain in addressing the challenges of tracking, enforcement of flight violations, and managing interference vulnerabilities of drones, also known as unmanned aircraft systems (UAS). The […]

Libra Association amends whitepaper: controversial changes or sensible simplification?

Reading Time: 2 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | April 24/2020 Since its initial announcement in June 2019, the Libra Association has been hammered by international governments and regulators about concerns over the initial proposal and seen partners threatened if they did not leave the association. In a bid […]