New Jersey restaurant and club owners who do not possess a coveted New Jersey liquor license can now advertise that they allow customers to bring their own beer or wine or as it is more commonly known, “Bring Your Own Booze” (BYOB).
BYOB is a concept as inherent in New Jersey culture as Bon Jovi. …
Walmart’s U.S. patent application involving blockchain technology is one of many blockchain-based patent applications that have been filed by large companies smitten with blockchain technology. Published May 17, 2018, but filed November 16, 2017, the application is based on a provisional patent filing in November 2016. In its application, Walmart seeks to patent a blockchain-based…
The first two weeks in March 2018 have seen a number of developments with respect to the regulation of cryptocurrencies in the United States.
Regulation of Online Cryptocurrency Trading Platforms
On March 7, 2018, the Securities and Exchange Commission (“SEC”) issued a release addressing the regulation of online trading platforms (or exchanges) on which investors…
New York entrepreneurs in the virtual currency space must be careful to follow New York’s licensing requirements enacted under Financial Services Law Sections 102, 104, 201, 206, 301, 302, 309, and 408. Under the new regulations issued by the New York State Department of Financial Services, a business that engages in “Virtual Currency Business Activity”…
