US & Canada

Crime

Crypto Escrow Firm Chief Charged Over Alleged $7 Million Fraud

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.

Policy & regulation  ·  1 October 2019
Exchanges

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.

Policy & regulation  ·  30 September 2019
Lawsuits

Overstock Class Action Claims SEC Blocked Firm’s Digital Dividend Lockup

An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend.

Policy & regulation  ·  30 September 2019
Ethereum

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.

Policy & regulation  ·  29 September 2019
Regulation

‘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.

Policy & regulation  ·  26 September 2019
Lawsuits

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.

Policy & regulation  ·  20 September 2019
Regulation

SEC Chair, Commissioners to Talk Crypto at Congress Hearing Next Week

The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week.

Policy & regulation  ·  19 September 2019
Bitcoin

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.

Policy & regulation  ·  19 September 2019
Florida

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.

Policy & regulation  ·  18 September 2019
Regulation

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.

Policy & regulation  ·  16 September 2019
Legal

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.

Policy & regulation  ·  11 September 2019
Regulation

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.

Policy & regulation  ·  10 September 2019
Europe

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.

Policy & regulation  ·  10 September 2019
Security Tokens

TokenSoft Launches Transfer Agent Support Tool for Crypto Securities

TokenSoft is launching a new tool to help token issuers comply with securities requirements.

Policy & regulation  ·  10 September 2019
Regulation

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. 

Policy & regulation  ·  9 September 2019