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Legal
China Prosecutes 98 Over Alleged $2 Billion OneCoin Pyramid Scheme
China has prosecuted nearly 100 individuals said to be involved with locally operating the OneCoin cryptocurrency scheme.

South Carolina Sanctions Startup Over Unregistered Token Sales
South Carolina securities regulators have ordered ShipChain to cease selling its tokens within the state.

India's Supreme Court to Hold Crypto Lawsuit Hearing in July
The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.

CFTC Issues Guidance for Firms Offering Cryptocurrency Derivatives
The U.S. Commodity Futures Trading Commission has released new guidance for companies issuing cryptocurrency derivatives products.

Taiwan Eyes Blockchain Growth with New Parliamentary Alliance
Taiwanese lawmakers have announced the formation of a parliamentary group aimed to foster the nation's emerging blockchain sector.

China State TV: Token Sales Still 'Rampant' After Central Bank Ban
China's highest-level state media outlet has said token sales are still common in the country despite a 2017 ban.

Bitcoin Brokerage Denies Tezos ICO Involvement in Court Filing
Bitcoin Suisse AG, a cryptocurrency brokerage listed as a defendant in a lawsuit against Tezos, has filed a motion to dismiss the case against it.

Ohio Could Become Next US State to Legally Recognize Blockchain Data
A bill proposed by an Ohio Senator would let the state legally recognize blockchain records and smart contracts.

US, Canadian Regulators Launch Dozens of Crypto Scam Probes
An "international crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators.

Move 'Em Out: ICOs Don't Seem So Scary Outside the US
A popular event forged during the token boom of 2017 saw discussion about the changing regulatory environment that has resulted.
