As the market for cryptocurrency continues to mature, institutional investors and asset management firms are increasingly embracing the asset class. Companies that are considering entering the cryptocurrency space should be aware of an important business license for virtual currency activities issued by the New York State Department of Financial Service, (the “DFS”), commonly referred to…

Alicante, Spain – Rimon Intellectual Property Partner Marc Kaufman has been invited to join the Impact of Technology Expert Group of the European Union Intellectual Property Office’s (EUIPO) Observatory on Infringements of Intellectual Property Rights. The Observatory is a network of stakeholders from the public sector, the private sector, and civil society.  Its Expert Groups (EG) help and guide the implementation of Observatory projects in focused…

Rimon Partner and Co-founder of the Blockchain IP Council, Marc Kaufman, wins the Global Law Experts (GLE) 2020 award: FinTech Sector IP Lawyer of the Year in Washington D.C.for 2020 for the second year in a row. During the recommendations stage, GLE receives over 120,000 responses from business directors, in-house legal counsel, independent law firms, high net-worth individuals, bar associations, visitors…

The last word taxpayers engaging in virtual currency transactions heard from the IRS was in 2014 in Notice 2014-21. Please review our commentary on the notice here. Now, five years later, the IRS has issued two new pieces of guidance for taxpayers in this area in the form of Revenue Ruling 2019-24 and a set of questions…

Rimon Partner, Marc Kaufman, will be speaking at the WTO’s Global Trade and Blockchain Forum. He will present on Blockchain and Intellectual Property. Host: World Trade Organization, Geneva, Switzerland Location: Rue de Lausanne 154, 1202 Genève, Switzerland Date and Time: December 2nd, 2019 – 10:00AM – 6:00PM CET December 3rd, 2019 – 10:00AM – 6:00PM CET Why You Should Attend:…

Rimon Partner Dror Futter will be co-chairing PLI’s Blockchain 2.0: 2019 Legal & Regulatory Developments Program. He will be joined by Rimon Partner Marc Kaufman who will present on Blockchain Patents. Host: Practising Law Institute, New York Location: 1177 Avenue Of The Americas Second Floor Entrance on 45th Street New York, NY Why You Should Attend:…

The digital asset roadshow continued this last week with The July 30th Senate Banking, Housing and Urban Affairs Committee hearing on virtual currencies and online market places, convened to hear “…how Congress should regulate digital currencies and blockchain technologies in the online financial market…”. Just a few days earlier, on July 25th, the Securities and Exchange…

Although Capitol Hill and not Mount Olympus, one could be forgiven for mistaking the Facebook Libra co-creator and Calibra CEO, David Marcus’s July 17th, 2019 testimony before the House Committee on Financial Services for a page out of Greek mythology. If one were to be dramatic, one could say that this was no more an…

Rimon was cited by LawFuel and Coinnounce as one of the best law firms to advise on the legal structures of cryptocurrencies and the regulatory environment around them. Both publications list Rimon as a top law firm in the crypto space, and stress the importance of finding qualified law firms with robust experience in the complex and dynamic…

FinTech Partner, Dror Futter, has authored a chapter on “Blockchain Law: ICO Regulation and Other Legal Considerations in the Blockchain Ecosystem,” for the second edition of Practicing Law Institute’s (PLI) treatise, Financial Product Fundamentals: Law, Business, Compliance. Read more here. ­­­­­­­­ Dror Futter focuses his practice on startup companies and their investors, and has worked with a wide…