The Director of the SEC’s Division of Corporation Finance William Hinman gave a speech in which he discussed whether a digital asset originally offered as a security can become something other than a security over time. The speech provided some of the most important considerations to date for analysis of blockchain token transactions under US securities law.
Lilya Tessler focuses her practice on representing digital asset trading platforms, blockchain technology companies, US and non-US broker-dealers, financial services firms, and cryptocurrency funds. Lilya is co-head of the Firm’s FinTech and Blockchain Group and leads the firm’s broker-dealer practice. Read Lilya Tessler's full bio.