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Legal
NY Grants Fifth-Ever BitLicense to Genesis Global Trading
The license is has come in for intense criticism, in part because so few firms have been granted one.

'BitLicense Refugees': ShapeShift, Kraken Talk Escape from New York
Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York's cryptocurrency regulations at Consensus 2018.

Founders of ICO Endorsed By Floyd Mayweather Indicted for Fraud
The U.S. Attorney for the Southern District of New York has announced that the co-founders of a Floyd Mayweather-backed ICO have been indicted.

Crypto Self-Governance Touted as Solution to Regulatory 'Mess'
With the absence of formal rules leaving gray areas, panelists at Consensus 2018 argued that crypto firms should lead the way with self-regulation.

EU, US Lawmakers Tout 'Sandbox' Approach for Blockchain Development
Lawmakers at CoinDesk's Consensus 2018 conference today argued that regulatory "sandboxes" may offer the best approach for blockchain innovation.

Congressional Candidate Vows to Gauge Voter Sentiment With Blockchain
Brian Forde, who is running for the California's 45th district seat in the U.S. House, is pitching himself as the crypto candidate.

Justice Department Veteran Backs Bitcoin Crime-Fighting Tool
A former U.S. Department of Justice section head has been hired to help drive sales of Bitfury's Crystal, a blockchain tracking product.

White Shoe to Wild West: Lawyers to Launch Blockchain-Only Law Firm
A former Digital Asset executive and a long-time securities lawyer have started a new law firm that will focus exclusively on blockchain clients.

Korea's Biggest Crypto Exchange Raided Over Suspected Fraud
Prosecutors in South Korea have raided the largest cryptocurrency exchange in the country, UPbit, over suspected fraud, according to a report.

Security or Currency? Jury to Decide In ICO Fraud Case
A jury will decide whether tokens issued through two allegedly fraudulent initial coin offerings (ICOs) count as securities.
