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Reuters/Dado Ruvic
Legal battles are gradually uncovering a path for crypto fundraising.

Navigating the ground rules for building a blockchain business

Matthew De Silva
Member exclusive by Matthew De Silva

Meghan Spillane is a partner at Goodwin, an international law firm. She works in the firm’s digital currency and blockchain technology practice, as well as its securities, white collar & business litigation group. Spillane regularly interacts with SEC staff and provides counsel to clients on how to structure digital assets prior to the launch of blockchain platforms. This area has become particularly sensitive as the SEC appears to be taking a harder look at whether crypto tokens violate the Howey test, which is used to determine whether a financial instrument is an “investment contract.This interview has been lightly edited for length and clarity.

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