In 2012 Congress passed the JOBS Act, which mandated the creation of a new offering exemption under the Regulation D 506 program that would allow for general advertising of an offering to accredited investors.  The rules went into effect on September 23, 2013.  Prior to the passage of the JOBS Act (and the subsequent promulgation…

DealBook reports that Coinbase, a startup that aims to help bitcoin and other virtual currencies gain acceptance, raised $25 million in financing. DealBook reports that “A steady stream of Silicon Valley investors has been building stakes in virtual currency start-ups. Last month, a Chinese Bitcoin exchange raised $5 million from Lightspeed Venture Partners. Google’s venture capital…

Title III of the Jumpstart Our Business Startups (JOBS) Act of 2012 provides for securities based crowdfunding with the intention of making it easier for small businesses and startups to raise funds and for individuals to become investors.  The Securities and Exchange Commission (SEC) released its proposed rules governing crowdfunding, “Regulation Crowdfunding,” in  October of…