Blockchain Legal Institute
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Your Blockchain Legal Brief:
Current events in crypto & law.
Speaking to DeFi experts during the “DeFi and the American Spirit”
roundtable Monday (June 9,2025), SEC Chairman Paul Atkins said industry developers should not be
blamed for how their tools are used, according to a transcript of his remarks.
Upcoming Industry Conferences:
June 11-13 2025
GBBC Blockchain Central DC 2025
June 25-26 2025
2025 Bitcoin Policy Summit
June 30- July 3 2025
EthCC France
United States
Blockchain Use Surging at Fortune 500, Smaller Firms: Coinbase
The exchange’s latest State of Crypto report found that 60% of Fortune 500 companies were working on blockchain initiatives. The technology has now lots of other uses, other than payments, with the likes of Walmart using it to track its food supply chain and major banks deploying it for their own financial products.
Artificial Intelligence Bills Across USA
30 bills have been sent to governors in the following states: Connecticut (two), Florida (two), Iowa (one), Illinois (four), Montana (one), Nebraska (one), Nevada (five), and Texas (14).
On June 3, Hawaii Governor Josh Green (D) approved SB 742, which establishes a datasharing and governance working group within the Office of Technology Services. The group will make recommendations for ongoing datasharing governance structures that would apply to the use of AI. The working group will report to the legislature prior to the regular session of 2027.
Member News
Positive results for members of BLI.
Patrina Pelton-Smith
Congratulations to Patrina who visited D.C. to be appointed by National Association of Women Business Owners as President of NAWBO Houston.
Gerard Dache
Government Blockchain Association Founder shares origin story & why the Blockchain Maturity Model is critical for our community.
Richard Jackson, Deputy AG For Cybersecurity, Technology & Digital Assets (Oklahoma)
Richard speaks at BLI Bitcoin, Compliance & Coffee Meet-up at Bitcoin Conference Vegas. Regulators, Members & other State Associations gathered for conversation.
Michelle St Jane
Author of Green Compass Survey in partnership with BLI announces Amazon Kindle launch sharing trends on blockchain & sustainability.
BLI Legal Tech Hackathon
Matt Rogers (Co-Founder, BLI)
establishes Hacker Discord Group As BLI Legal Tech Hackathon launches!
Strategic Partner: RYO Coin
Establishes Japan’s first Crypto
ATM Network
Paul Atkins, Chairman, shared the following during his June 9th Remarks: “I also am excited about the use of on-chain software systems by issuers and intermediaries to eliminate economic frictions, increase capital efficiency, enable new types of financial products, and enhance liquidity. Current securities regulations already contemplate the use of new technologies by issuers and intermediaries, but I have asked the staff to consider whether amendments to the Commission’s rules and regulations would be better suited to provide needed accommodation for issuers and intermediaries who seek to administer onchain financial systems.”
SEC News
Ethereum privacy roadmap proposes EU GDPR-safe blockchain design
Ethereum, a leading blockchain platform, is
exploring ways to address data privacy concerns while aligning with the European Union’s General Data Protection Regulation (GDPR). A recent proposal by
Ethereum community member Eugenio Reggianini suggests a modular compliance strategy to reconcile public blockchains with GDPR requirements. This approach aims to manage data effectively and enhance privacy within the Ethereum ecosystem.
EU News
Hong Kong’s top finance sector regulator plans to permit digital asset derivatives for professional investors, according to a June 4 report by local outlet China Daily HK. The Securities and Futures Commission
(SFC) reportedly aims to introduce digital asset derivatives trading for professional investors as part of a broader strategy to expand product offerings and reinforce the territory’s role as a fintech powerhouse.
The SFC said that priority will be given to sound risk management, with trades conducted “in an orderly, transparent and secure manner.”
Global News
Politico became one of the first newsrooms last year to win a union contract that included rules on how the
media outlet can deploy artificial intelligence. The PEN Guild, which represents Politico and its sister publication, environment and energy site E&E News, is now gearing up for another first. The union’s members allege that the AI provisions in their contract have been violated, and they’re preparing for a groundbreaking legal dispute with management. The outcome could set a precedent for how much input journalists ultimately have over how AI is used in their newsrooms.
AI News
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Blockchain Legal Institute News On The Go & In The World
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What is Stopping Blockchain From Seeing the Same Success as AI?
AARP Maryland:
Watch for the release during Protect Week & How To Stay Safe on June 20th