Law

Regulation

US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws

Two members of the U.S. House of Representatives are seeking to exempt cryptocurrencies and certain other digital assets from securities laws.

Markets  ·  20 December 2018
Bitcoin

Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin

Ohio has become the first U.S. state to allow taxes to be paid in bitcoin, starting with businesses.

Policy & regulation  ·  26 November 2018
Exchanges

The SEC’s Recent Rulings Are More About Exchanges Than ICOs

The SEC's focus on crypto exchanges may disrupt some business models, add compliance and paperwork costs, and perhaps trigger a sector concentration.

Policy & regulation  ·  24 November 2018
Crime

CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.

Policy & regulation  ·  12 November 2018
Regulation

Korean Lawyers Urge Government to Draw Up Blockchain Rules

The Korean Bar Association has called on the government to introduce blockchain regulations, ASAP.

Policy & regulation  ·  8 November 2018
Bitcoin

Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business

A bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces up to five years in prison.

Policy & regulation  ·  30 October 2018
Exchanges

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks

The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Policy & regulation  ·  26 October 2018
Regulation

Chinese Court Rules Bitcoin Should Be Protected as Property

An arbitration body in China has said bitcoin should be legally protected as a property, despite the central bank's ban on crypto trading.

Policy & regulation  ·  26 October 2018
Crime

Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case

The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.

Markets  ·  18 October 2018
Regulation

South Korea to Decide on ICO Legality in November, Official Says

The South Korean government will decide in November whether it will again permit initial coin offerings in the country.

Policy & regulation  ·  11 October 2018
Regulation

US Judge Sides With CFTC in Fraud Case, Ruling Cryptos Are Commodities

A U.S. judge has sided with the Commodity and Futures Trading Commission in a fraud lawsuit, ruling cryptocurrencies are commodities.

Policy & regulation  ·  27 September 2018
Crime

US Government Seizes Lambo and Crypto Millions from Dead Dark Web Kingpin

The U.S. Department of Justice has won the right to confiscate money and items Alexandre Cazes enjoyed from his dark web e-commerce empire's riches.

Policy & regulation  ·  17 September 2018
Exchanges

Indian Central Bank Argues Cryptos ‘Not Valid’ as Currency in Court Battle

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Policy & regulation  ·  13 September 2018
Regulation

China’s Supreme Court Recognizes Blockchain Evidence as Legally Binding

Blockchain can now be legally used to authenticate evidence in legal disputes in China, according to a ruling from the country's Supreme Court.

Policy & regulation  ·  7 September 2018
Circle

Circle Taps Former US Homeland Security Official as New Legal Chief

Crypto startup Circle has hired a former Department of Homeland Security general counsel as its new chief legal officer.

Business  ·  6 September 2018