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Regulation
ICO Issuer PlexCorps Reaches Settlement With US Securities Regulator
Following the ruling, PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest.

New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto
New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.

Coinbase UK Dropping Support for Cryptocurrency Zcash
The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance
Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect.

Trump's Currency War With China Could Be Bitcoin's Do-or-Die Moment
Donald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey.

Derivatives Drama: The Unintended Consequences of Crypto Regulation
Noelle Acheson points out that the LedgerX confusion highlights potential CFTC priorities regarding the regulation of crypto derivatives that could lead to the opposite of what the regulator intends.

15 Nations Plan Global Crypto Monitoring System Under FATF: Report
Fifteen nations are reported to be planning to set up a system to monitor crypto transactions.

Senior CFTC Official Who Set Bitcoin Futures Policy Is Leaving: Report
Amir Zaidi, director of the CFTC's Division of Market Oversight, is to leave the regulator within weeks, according to Bloomberg Law.

Investment App Robinhood Wins License to Operate in UK
Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

SBI Crypto Exchange Adopts Tech to Help Meet FATF Standards
VC Trade, the crypto exchange launched by SBI Holdings, is integrating a new wallet solution to help it comply with international KYC standards.
