Reading Time: 4 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | Sep 21/2020 ASIC has announced in the ASIC Corporate Plan 2020-24 (Focus 2020-21) that a new nation-wide ASIC working group has been set up to disrupt and deter scams such as cyber misconduct and crypto-related scams in the COVID-19 environment. […]

Reading Time: 2 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | Sep 12/2020 ASIC has announced in the ASIC Corporate Plan 2020-24 (Focus 2020-21) that a new nation-wide ASIC working group has been set up to disrupt and deter scams such as cyber misconduct and crypto-related scams in the COVID-19 environment. […]

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 […]

Reading Time: 2 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | Jun 19/2020 On 15 June 2020 the Prime Minister of Australia, the Hon Scott Morrison, announced that he is bringing the existing Deregulation Taskforceinto the Department of the Prime Minister as part of the Job Maker Program with a substantially […]

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 […]

Reading Time: < 1 minute Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | Jun 05/2020 The Bank of France has announced the successful completion of a central bank digital currency test. While details are scarce, it seems that not unlike experiments carried out by our very own Reserve Bank of Australia. The Bank […]

Reading Time: < 1 minute Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | May 29/2020 Blockchain continues to be on the agenda in the US House of Representatives, with Rep. Brett Guthrie (R-KY) introducing a bill calling on the Federal Trade Commission (FTC) to survey the prevalence of blockchain technologies across industry, government […]

Reading Time: 2 minutes Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | May 22/2020 A patent application filed by Visa to create a digital currency on a blockchain has been published by the United States Patent and Trademark Office (USPTO). The patent was filed on 8 November 2019 in the name of […]

Reading Time: < 1 minute Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | May 22/2020 A US Senate Staff Memo has revealed that the US Congress is considering the adoption of a remote participation and voting system. The Memo prepared by the Subcommittee Staff members stated that: “In 1918, Congress did not have […]

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 […]

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 […]

Reading Time: < 1 minute Biz Blocks by Michael Bacina, Partner Piper Alderman Lawyers | April 03/2020 Cybercriminals seem incapable of passing up an opportunity to made a bad situation worse, as the number of coronavirus-themed domain registrations associated with scams skyrockets. The most common theme is a standard screen-lock attack method, packaged in an […]