US & Canada

Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 

Policy & regulation  ·  15 November 2019

Chainalysis Says BitForex Trading Volumes Could Be Fake

The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.

Policy & regulation  ·  15 November 2019
Europe

OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal

The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.

Markets  ·  14 November 2019
IPOs

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the banking and blockchain arm of China's largest insurance company, filed a prospectus with the SEC on Wednesday.

Business  ·  14 November 2019
Regulation

Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case

Kik has hit a brick wall with its ambitious "void for vagueness" defense in a case brought by the SEC over its $100 million initial coin offering.

Policy & regulation  ·  13 November 2019
Regulation

Telegram Refutes All SEC Allegations, Asks Court to Dismiss in New Filing

Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.

Policy & regulation  ·  13 November 2019
News

Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

Despite an earlier denial, Justin Sun is part of an investment group buying troubled crypto exchange Poloniex.

Business  ·  12 November 2019
BitGo

BitGo Says It’s Now Processing 20% of Bitcoin Transactions

The crypto custodian facilitates a sizable share of on-chain transactions, a sign of consolidation, and power, in the crypto space.

Policy & regulation  ·  12 November 2019
Europe

BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020

BnkToTheFuture invested in a SEC-registered broker dealer to enable U.S. investors participate in security token offerings.

Markets  ·  11 November 2019
Exchanges

Bittrex Will Release Frozen Crypto to Former Users in Sanctioned Regimes

Crypto exchange Bittrex is looking to return crypto holdings to customers in sanctioned nations, but there are conditions.

Markets  ·  11 November 2019
ICO

How to Turn a $17 Million ICO Into $104 Million: The Cosmos Story

The startups building Cosmos don't own it or rely solely on it for income. And that's the point.

Business  ·  11 November 2019
Cryptocurrency

FBI Director: Cryptocurrency Is ‘Significant Issue’ for Law Enforcement

Christoper Wray said crypto is becoming a "bigger and bigger" issue for the agency in a Senate hearing with Mitt Romney.

Policy & regulation  ·  8 November 2019
Crime

Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

Brian Haney, a former narcotics trafficker, pled guilty to charges that he laundered $19 million in bitcoin on Silk Road.

Policy & regulation  ·  8 November 2019
Legal

The SEC Has Rejected Every Bitcoin ETF. This Firm Thinks It Has a Solution

Wilshire Phoenix believes balancing funds between BTC and T-bills may convince the SEC that its bitcoin ETF proposal is better than the rest.

Policy & regulation  ·  7 November 2019
Crime

ATM Coin Founders Ordered to Pay $4.25 Million for Fraud

A U.S. court fined the team and firms behind ATM Coin for fraud and misappropriation of client funds in a case brought by the CFTC.

Policy & regulation  ·  5 November 2019