2nd Circ.'s Binance Locus Test Adds Risk For Blockchain Cos.

The Second Circuit’s recent use of the irrevocable liability test to rule a class action may proceed against decentralized crypto exchange Binance heightens the possibility that other blockchain-based businesses with domestic customers and digital infrastructure will find themselves subject to U.S. securities laws, say attorneys at Holland & Knight.

 Opinion attached | Read full article » | Save to favorites »