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Regulation
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos
South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.

Quebec Halts Crypto Mining Approvals Pending New Restrictions
Quebec has halted approvals for new cryptocurrency mining operations while it draws up new rules and may raise energy costs.

Korean Police Allege Coinone's Crypto Margin Trading Is Illegal Gambling
A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.

CFTC Denies FOIA Request for Bitfinex and Tether Subpoenas
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator Tether.

Crypto Startup Circle to Seek Banking License in US
Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report.

Japan to Deny Crypto Exchange Application in Regulatory First
The Financial Service Agency is reportedly planning to deny a registration application filed by a crypto exchange over KYC failings.

The Real Reason Token Issuers Are Fleeing the US
No, it's not a "race to the bottom." Reputable token issuers seek jurisdictional quality and clarity, and they're not finding it in the U.S.

Belgian Government Launches Site to Warn Crypto Investors About Scams
A new website launched by Belgian government agencies outlines different ways to avoid crypto fraud.

US Telecom Agency Seeks Blockchain Policy Suggestions
The National Telecommunications and Information Administration has asked industry members to provide suggestions for blockchain policy.

China Has Built a Blockchain System That Could Replace Paper Checks
China's central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country.
