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Anticipating Risks From and Responding to Cryptocurrency Theft

On November 20-21, 2017, Tether, the company behind USDT, a digital token backed by fiat currencies like the dollar and euro, disclosed that a hack resulted in the loss of $30.95 million worth of tokens. The Tether hack illuminates the privacy, reputational, financial and recovery risks associated with issuing, owning and storing digital currencies. These … Continue Reading

The UK FCA Publish Discussion Paper on Distributed Ledger Technology

The UK FCA Publish Discussion Paper on Distributed Ledger Technology Regulators globally are focused on understanding industry consumers’ views on distributed ledger technology’s (DLT) potential risks and opportunities. On 10 April 2017, the UK Financial Conduct Authority (FCA) published a discussion paper DP17/3 on DLT, and followed it with a speech at the Innovate Finance … Continue Reading
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