Legal

Regulation

Blockchain Association Takes Over Kik’s ‘Defend Crypto’ Crowdfunding Effort

The Blockchain Association will now oversee Kik's "Defend Crypto" campaign, with the added goal of helping other startups fight legal cases.

Policy & regulation  ·  28 June 2019
Regulation

US Lawmakers Question Terrorist Use of Facebook Cryptocurrency

U.S. lawmakers questioned FinCEN director Kenneth Blanco about potential terrorist use of Facebook's libra cryptocurrency.

Policy & regulation  ·  27 June 2019
Funding Rounds

Galaxy Digital Leads $5.5 Million Round for Contract Management Startup

Crypto merchant bank Galaxy Digital has led a $5.5 million Series A for Clause, a digital contract management startup that uses blockchain tech.

Business  ·  27 June 2019
Exchanges

Mt Gox Founder Hit With Lawsuit Over Alleged Fraudulent Misrepresentation

Mt. Gox founder Jed McCaleb has been accused in court of hiding issues at the now-collapsed exchange before selling it to Mark Karpeles.

Policy & regulation  ·  26 June 2019
Regulation

Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto

The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing.

Policy & regulation  ·  24 June 2019
Cryptocurrency

Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit

The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions.

Policy & regulation  ·  19 June 2019
Regulation

Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto

House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.

Policy & regulation  ·  18 June 2019
Regulation

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.

Policy & regulation  ·  17 June 2019
Regulation

Kik vs SEC – The Lawyers Speak

The SEC's complaint against Kik, after it raised $100 million in an ICO, seemed pretty brutal, but not so fast, we're only hearing one side of the story. Watch more here as three lawyers discuss the case, its merits and its potential impacts for the crypto industry as a whole.

Policy & regulation  ·  14 June 2019
Legal

US State of Nevada Passes Flurry of Blockchain Bills

Nevada is becoming a blockchain powerhouse as it passes a suite of bills designed to promote blockchain adoption

Markets  ·  14 June 2019
Crime

Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.

Policy & regulation  ·  7 June 2019
Lawsuits

Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

The SEC filed fresh fraud charges against Longfin Corp. on Wednesday, alleging the company falsified its accounting. Longfin's stock price jumped after it announced a crypto pivot in 2017.

Policy & regulation  ·  5 June 2019
Regulation

The SEC Case Against Kik’s ICO Appears Strong, Experts Say

The SEC seems to have a strong case on the facts in its complaint against Kik and its 2017 token sale, according to legal experts.

Policy & regulation  ·  5 June 2019
Exchanges

Crypto Exchange Bits of Gold Wins Supreme Court Battle Over Bank Block

Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services.

Policy & regulation  ·  4 June 2019
Regulation

SEC’s Crypto Savvy Surprises Blockchain Insiders at DC Forum

SEC officials demonstrated a deeper grasp of crypto than many industry members were expecting at last week's forum.

Policy & regulation  ·  3 June 2019