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Legal
US Lawmaker Presses Treasury on Venezuela's Petro Sale
Florida senator Bill Nelson has denounced Venezuela's petro token and asked how the U.S. Treasury plans to enforce sanctions.

Thailand's Cabinet Moves to Regulate and Tax Cryptocurrencies
The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.

Philippines Lawmaker Seeks Tougher Penalties for Crypto Crimes
A senator in the Philippines is hoping to usher in harsher penalties for crimes that involve cryptocurrencies.

Google to Ban ICO and Crypto Ads Starting In June
Google has said it will change its financial product policy in June to effectively ban advertisements related to cryptocurrency and ICOs.

Square Seeks BitLicense to Bring Bitcoin Buying to NY
Square is in the process of applying for a BitLicense in a bid to expand its Cash App's bitcoin option to New York residents.

CFTC Official Backs Winklevoss Crypto Self-Regulation Bid
CFTC Commissioner Brian Quintenz has expressed approval over a virtual commodities SRO proposed by Gemini founders Tyler and Cameron Winklevoss.

CFTC Moves to Cement Authority Over Crypto Fraud Cases
The CFTC cited a U.S. district judge's recent ruling that cryptocurrencies are commodities to show standing in a separate fraud case it is pursuing.

Report: South Korea Could Ease Its ICO Ban
South Korea's ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.

Crypto Miner Genesis Hit With Cease-and-Desist Order
Genesis Mining has been ordered to stop operating in the state of South Carolina, according to a cease-and-desist order released last week.

Lawyer Warns Bitfinex on 'Threats' Against Blogger
Blogger Bitfinex'd hires lawyer Stephen Palley, who says that if he finds Bitfinex is behind threats against his client, "there will be consequences."
