North Dakota has issued a cease-and-desist against a Russia-based ICO for copying a bank's website to promote "potentially fraudulent securities."
North Dakota's securities watchdog is again taking action against ICO projects it alleges are operating illegally in the state.
A bill that would have enabled North Dakota's government officials to study virtual currency regulation has failed.
A proposal to study bitcoin regulation in North Dakota has reportedly run into some opposition.
Legislators in North Dakota are quickly advancing a measure to study how the state should approach regulating digital currencies like bitcoin.