LGO Markets Regulatory Update– February 14, 2019

In this update, we discuss the developments surrounding troubled crypto exchange QuadrigaCX and the latest statements from SEC Commissioners regarding the agency’s direction in the blockchain space. Troubled Crypto Exchange QuadrigaCX Gets Creditor Protection from Canadian CourtThe media has been abuzz with news of Canada’s largest crypto exchange,…

LGO Markets Regulatory Update - January 23, 2019

In our first update of the new year, we look back at the crypto regulatory actions that shaped 2018, the ongoing efforts that will develop over the coming months, and what LGO has accomplished.2018 in Review: The Rush to Regulate Digital AssetsCrypto markets faced heightened scrutiny this year after…

An Onboarding Process to Match Our Principles

As LGO Markets has begun to onboard institutions during our soft launch, here is a deeper look into how our onboarding process fulfills our goals of building trust and promoting fairness, security, and transparency in crypto-asset markets.Onboarding ExplainedFor financial firms, onboarding is the process by which potential clients are…

LGO Markets Regulatory Update–Week of December 10, 2018

In this update, we discuss two new cryptocurrency bills introduced by U.S. congressmen, the NYDFS’s approval of Signature Bank’s Signet digital payment solution, and a lawsuit alleging manipulation of the bitcoin cash network.U.S. Congressmen Introduce Two Bills Aimed at Cryptocurrency Price Manipulation, More ForthcomingIn a…

What is front running and how can it be prevented?

“Information is a valuable commodity.  When only a select few are privy to certain information–such as material non-public information about an imminent block transaction–the information is even more valuable.” -David M. Bovi, Rule 10b-5 Liability for Front-Running: Adding a New Dimension to the “Money Game” Front running is…