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'Satoshi' Craig Wright Is Being Sued for $10 Billion

Craig Wright, who previously claimed to be the pseuduonymous bitcoin creator Satoshi Nakamoto, is being sued for a whopping $10 billion.

shutterstock_282701687

Mercados

EU Official Floats New Rules for Crypto Assets

EC vice president Valdis Dombrovskis recommended warning consumers looking into how regulations apply to cryptocurrencies after a roundtable.

Valdis Dombrovskis, prime minister Latvia at the Baltic Development Forums summit in Stockholm 2009.

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Coinbase Tells 13,000 Users It's Sending Their Data to the IRS

Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.

tax form

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Global AML Watchdog to Step Up Crypto Money Laundering Scrutiny

The international Financial Action Task Force has said it will step up its efforts in monitoring the use of cryptocurrencies in money laundering.

FATF meeting

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3 Class Actions Take Aim at Riot Blockchain's Bitcoin Pivot

After its blockchain and bitcoin mining pivot, Riot Blockchain has been hit by three class action lawsuits in the U.S.

law court

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State-by-State Smart Contract Laws? If It Ain't Broke, Don't Fix It

State-level legislation governing smart contracts in the U.S. would be redundant at best and could potentially undermine the growth of the industry.

USA states map

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After Facebook, Will Global Ad Regulators Reject ICOs?

ICOs are advertising more and more. Are web platforms and regulators taking note, seeking to stamp out bad behavior?

facebook, social

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China's State Media: Blockchain Needs Regulation to Grow

A newspaper that serves as the mouthpiece for China's government is arguing that blockchain needs regulation before it can be better utilized.

people's daily

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Venezuela May Limit New Crypto Exchange Launches

In the wake of its petro launch, Venezuela may still limit the number of crypto exchanges permitted to operate in the country, sources say.

Screen Shot 2018-02-25 at 10.02.54 PM

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New York Lawmakers Open to Revisiting the BitLicense

Two New York state senators held a roundtable Friday on the controversial BitLicense regulation, and said legislation to reform it may come soon.

Roundtable