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Expert Analysis

High Noon For Cryptocurrency Offerings In Texas?

By Philip Bezanson and David Springer  ( March 20, 2019, 2:29 PM EDT) -- On Feb. 21, 2019, Texas state securities regulators entered a first-of-its-kind consent order against several out-of-state companies that offered cryptocurrency mining-based investments. The order determined that the investments were "securities" under Texas law, and that neither the offerors nor the securities had been registered with the state....

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