A man faces charges by the U.S. Attorney’s Office and the CFTC over claims he took money for bulk bitcoin orders that were never delivered.
Coinbase-Led Group Aims to Help Crypto Firms Avoid Securities Violations
Coinbase, Circle, Genesis and more are developing a ratings system aimed to flag crypto assets that are similar to securities.
Overstock, Patrick Byrne Hit With Class Action Over ‘Market Manipulation’
An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm’s digital dividend.
New Interest in DAOs Prompts Old Question: Are They Legal?
New tools have made DAOs all the rage in the ethereum community. Now one startup is trying to make them work within U.S. legal frameworks.
‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.
Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit
Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.
SEC Chair, Commissioners to Talk Crypto at US Congress Hearing Next Week
The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook’s Libra next week.
Lightning Wallet Zap Launches in-App OTC Desk for Bitcoin Buyers
With new features from Zap, people can now buy bitcoin using the Lightning Network and reduce their reliance on centralized crypto exchanges.
Craig Wright ‘in Discussions’ to Settle Multi-Billion Dollar Court Case
Craig Wright, the entrepreneur who controversially claims he is Satoshi Nakamoto, is moving to settle the $10 billion Kleiman court case.
US Sanctions Three Alleged Crypto Hacking Groups from North Korea
The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.
Bitwise Taps BNY Mellon as Transfer Agent for Proposed Bitcoin ETF
Bitwise has tapped Bank of New York Mellon to act as the administrator and transfer agent for its proposed bitcoin ETF.
Blockstack’s Regulated Token Offerings Raise $23 Million
Blockstack has raised a total of $23 million through two SEC-regulated token offerings, the company announced Tuesday.
Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
Facebook’s Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.
TokenSoft Launches Transfer Agent Support Tool for Crypto Securities
TokenSoft is launching a new tool to help token issuers comply with securities requirements.
Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’
Nekti has upgraded its digital ID service to help crypto firms meet the FATF’s tough new standards for combating money laundering.
How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business
Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.
Craig Wright Aims to Challenge Court Decision That Cost Half His Bitcoins
The entrepreneur has cited Hurricane Dorian as the reason he needs more time to challenge a recent court order.
Political Group Launches ‘ICO’ to Support US House Candidate
BitPAC is conducting a “politicoin” ICO as part of its efforts to support candidates like North Carolina’s Dan Bishop.
4 Agencies Are Investigating Crypto Exchange QuadrigaCX
A report from QuadrigaCX bankruptcy trustee Ernst & Young published Monday outlines which agencies are investigating the failed exchange.
25-Year-Old to Plead Guilty to Running Unlicensed Crypto Exchange
A man from Los Angeles agrees to plead guilty to charge for running an unlicensed crypto exchange without an effective AML program.