New ICO guidance will hopefully clear up issuer confusion.
<h1>The SEC Charges Two Nevada Residents For Illegally Selling Stock In UBI Blockchain Internet</h1>
For two Nevada residents, the gamble of illegally selling blockchain stock did not pay off.
<h1>Japan’s FSA May Change Regulation, Consider Cryptocurrencies To Be Financial Products</h1>
Japan’s Financial Services Agency is looking to regulate cryptocurrency exchanges under a different law.
<h1>France Joins US And Russia In Seeking Extradition Of Vinnik For BTC-e Fraud</h1>
Greek courts have been considering US and Russian requests for the extradition of Alexander Vinnik, suspected MtGox hacker. Now France wants to try him for cryptocurrency-related fraud.
<h1>Maryland Men Indicted In Dark Web Drug Case Involving Bitcoin</h1>
Charges have been brought against two Maryland residents worth millions in bitcoin for drug manufacturing and distribution, as well as money laundering.
<h1>MtGox Enters Civil Rehabilitation</h1>
A change in the legal status of the MtGox bankruptcy case may lead to creditors being reimbursed the bitcoin they lost, rather than the fiat equivalent.
<h1>US Supreme Court Hints At Its Opinion Of Cryptocurrency</h1>
Will criminal cases force the US Supreme Court to make a definitive ruling as to whether crypto should be treated the same as fiat?
<h1>House Ethics Committee Says Reps Must Disclose Cryptocurrency Holdings</h1>
The US House of Representatives Committee on Ethics has released a memorandum declaring that members of the House of Representatives must disclose any cryptocurrency holdings that exceed $1,000.
<h1>Executive Branch Employees Must Disclose Virtual Currency Holdings, Says OGE</h1>
Got bitcoin? Or Ethereum? Or Zcash? The Office of Government Ethics keeps an eye on potential conflicts of interest.
<h1>Silk Road Operator’s Alleged ‘Mentor’ Extradited To US, Faces Possibility Of Life In Prison</h1>
On Friday, the Department of Justice announced that Roger Thomas Clark was extradited to the US.
<h1>French Regulator AMF Warns Against Unauthorized Cryptocurrency Firms</h1>
The Autorité des Marchés Financiers (AMF), France’s financial markets regulator, has warned the French public of more cryptocurrency investment websites that do not have authorization to operate within the country.
<h1>My Big Coin Case Could Decide Regulatory Authority Of CFTC</h1>
Hearings began Thursday in the case against My Big Coin, the cryptocurrency company that the CFTC has accused of defrauding investors of $6 million. But the attorneys for My Big Coin claim the CFTC has no authority to regulate the cryptocurrency company.
<h1>Michigan Introduces Bills Adding Cryptocurrency And Distributed Ledgers To Criminal Statutes</h1>
On Tuesday, three bills were introduced in the Michigan legislature that provide legal definitions of cryptocurrency and distributed ledgers. Unlike earlier state laws that have attempted to address these new technologies, Michigan is considering amending its criminal code.
<h1>New Crypto Regulations In Canada Will Strengthen Anti-Money Laundering And Anti-Terrorist Efforts</h1>
New Canadian crypto regulation will treat crypto exchanges and payment processors as money services businesses.
<h1>Connecticut’s Blockchain Working Group Bill Signed By Governor</h1>
Connecticut will create a taskforce to determine how the state can grow and benefit from blockchain technology.
<h1>St Petersburg Court Reverses Decision To Block Crypto Website</h1>
The Vyborg Court no longer considers information on the bitconinfo.ru website “banned for review.” The site historically displayed news on cryptocurrency.
<h1>Ex-SEC Chair Mary Jo White To Represent Ripple In Lawsuit Alleging XRP Securities Classification</h1>
Go big or go home.
<h1>Vermont Regulators Issue Cease-And-Desist Order To Crypto Startup LevelNet Over ICO</h1>
LevelNet is the latest cryptocurrency company to be investigated as part of “Operation CryptoSweep.”
<h1>Illinois Bill Regulating Blockchains Dies In Committee</h1>
Illinois House Bill 5553 missed a committee deadline. The bill would have specified what restrictions could or could not be placed on blockchains, and would have prohibited local governments from taxing them.
<h1>New York Legislature Proposes Establishment Of Digital Currency Taskforce</h1>
The New York legislature is considering a bill that would establish a taskforce to study and make recommendations regarding crypto and other digital currencies. This action follows the New York Attorney General creating the Virtual Markets Integrity Initiative and a slow rollout of the BitLicense.