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Legal
CFTC Chair Giancarlo: Embracing Blockchain Is in the 'National Interest'
J. Christopher Giancarlo, CFTC chair, has called on government agencies to embrace blockchain, saying it's in the national interest to do so.

The European Union Wants to Beef Up Penalties for Cryptocurrency Crimes
The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.

Swiss Finance Regulator Cracks Down on 'E-Coin' Cryptocurrency Scheme
Switzerland's financial markets regulator has cracked down on a trio of companies tied to an alleged cryptocurrency scam.

Malaysia's Central Bank Is Close to Drafting New Cryptocurrency Rules
Malaysia's central bank could introduce rules around cryptocurrencies by the end of this year, according to statements by its governor.

Pick n Pay Double Take? The Supermarket Chain Isn't Accepting Bitcoin, It Tested It
South Africa's second-largest supermarket chain tested bitcoin payments earlier this year, but is thus far declining to roll out a broader option.

$700 Billion Senate Defense Bill Calls for Blockchain Cybersecurity Study
A major defense spending bill passed by the US Senate yesterday calls for a blockchain study, public records show.

Mexican Law Would Give Central Bank Oversight of Cryptocurrency Startups
Mexico's government is close to introducing legislation that would regulate fintech firms, including those that work with cryptocurrencies.

SEC Advisory Committee to Discuss Blockchain's Investor Impact
SEC officials will discuss blockchain at an event in mid-October, according to public records.

Bitcoin 'Double Taxation' Relief Bill Introduced in Australia
Australia has introduced a new bill that, if passed, would end the country's bitcoin "double taxation" issue.

'End of Life Cycle': BIS Report Positions DLT as Needed Banking Update
Distributed ledgers could help update aging central banking systems, says a new report, but issuing cryptocurrencies will be a more complex affair.
