On January 9th, on Cointelegraph posted an article discussing Google and Apple’s flip-flop on Crypto. The proliferation of Decentralized Apps (“DApps”) and the lack of regulatory clarity creates a headache for tech giants. Among other experts, Braden Perry discusses security issues and regulation with (“DApps”). “Regulation is inevitable. How it will affect crypto depends on
Cointelegraph asked Braden Perry’s opinion on the legalities of the lawsuit, in newest article. Roche Freedman’s New York based legal firm filed a class-action lawsuit against stablecoin firm Tether, and digital currency exchange Bitfinex in early October. The lawsuit states that Tether’s claim of all it’s Tether tokens being backed by even amounts of US
Braden Perry, a regulatory and enforcement attorney that works in areas of novel and emerging technology with a financial focus, was featured in Finance Magnates year-end review on the regulatory inaction in cryptocurrency. “The major takeaway is the regulatory treatment is (still) unclear for cryptocurrency,” he told Finance Magnates. “It seems as if every federal
Back when Bitcoin was generally unknown and trading for less than $1,000, Kennyhertz Perry, LLC was featured in the Kansas City Business Journal as embracing the technology and accepting cryptocurrency as payment for legal services. We were early adopters of the technology, and our clients saw the benefit. We continue to represent clients in setting
Kennyhertz Perry partner Braden Perry lead an educational and interactive training at the Nebraska Attorney General’s office focusing on legal implications of Bitcoin and other emerging issues related to block chain technology. The Office of the Attorney General, and personnel from the Nebraska Highway Patrol, Nebraska Department of Revenue criminal investigators, and Homeland Security participated in an interactive training by Perry, and representatives from Coinbase and Chainalysis, discussing criminal, fraud, and consumer protection issues with the emerging technology. The daylong event occurred in Lincoln on May 16, 2016.
Kennyhertz Perry’s Braden Perry was invited to speak at the Conference of Western Attorneys General 2016 Digital Currency Symposium on February 4 and 5 in Park City at the Montage Deer Valley. CWAG will have 5 AG’s along with 9 of their senior staff representing 9 states and the District of Columbia attending the symposium. Mr. Perry will speak to this distinguished group on potential users of digital currencies, distributed ledgers and the Blockchain; and security and consumer protection issues related to digital currencies. The Digital Currency Symposium fosters relationships with responsible industry players, law enforcement officials and regulators with the goal of facilitating the sharing of information which will assist policy makers in the construction of regulatory and legislative interpretations beneficial to all involved.
Braden Perry recently became a Digital Currency Council Certified Professional by passing the DCC certification exam. The exam is administered by the Digital Currency Council and is the industry recognized designation of competence and professionalism in the digital currency economy. Successful candidates for DCC Certification have demonstrated competency in the six core competency areas of a digital currency professional, including: Origins & Technical Underpinnings; Properties & Monetary Implications; Practical Use; Ecosystem; Accounting & Finance; and Regulatory & Legal.
In a recent Motherboard Vice News article, Kennyhertz Perry’s Braden Perry discussed the latest in the Ross Ulbricht trial and verdict. Ulbricht was on trial for federal law violations related to actions and control over Silk Road, an online black market shuttered in October 2013. Ulbricht has requested a new trial and, according to Perry, was not unexpected
Is accepting bitcoins right for your company? It depends on your particular situation and needs, according to an article on the Intuit Small Business Blog. In the article, Braden Perry explains the reason Kennyhertz Perry accepts bitcoins as payment has to do with the firm’s philosophy to support its entrepreneurial clients. “We represent entrepreneurs of
Kennyhertz Perry’s Braden Perry provided insight and background into the possible regulation of the virtual currency Bitcoin in an article recently published by Institutional Investor. In the article, Perry explains that even the U.S. government has accepted the idea of a virtual currency: A little over a year ago, the Financial Crimes Enforcement Network provided
Providing his point of view in a March op-ed article in the Kansas City Star, Braden Perry counters the notion that the virtual currency Bitcoin is a bubble about to burst. The article discusses the capricious nature of Bitcoin and the author, Steve Paul, admits he is a cynic when it comes to the virtual
Last week, FinCEN issued two administrative rulings clarifying that certain Bitcoin participants do not constitute money service businesses (MSBs) under the BSA. The rulings furthered the guidance issued by FinCEN last March, which excluded from the definition of MSB users that obtain convertible virtual currency and use such convertible virtual currency to purchase real or virtual goods or services. In the Guidance, FinCEN established Users are not MSBs because they are not engaged in money transmission services.
