Regulation


Markets

Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling

South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.

gavel korean won

Markets

Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain

India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.

India phone user

Markets

China's President Endorses Blockchain as Economic 'Breakthrough'

Chinese president Xi Jinping acknowledged the potential of blockchain in a speech this week, endorsing the nascent tech for the first time.

xi

Markets

No Disney, No PayPal? SEC Charges ICO Founder Over False Statements

The U.S. Securities and Exchange Commission has charged the company behind an initial coin offering (ICO) and its president with securities fraud.

justice, law, crime

Markets

Austrian Regulator Freezes Crypto Mining Firm Amid Investigation

The Austrian Financial Market Authority has suspended the operations of cryptocurrency mining firm INVIA GmbH for offering illegal investments.

austrianflag

Markets

Korean National Assembly Makes Official Proposal to Lift ICO Ban

South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.

South Korean National Assembly building

Markets

Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt

Chinese crypto media firms are boycotting a blockchain event after the organizer used a Chairman Mao impersonator to fire up the audience.

Mao yuan

Markets

Chinese City to Use Blockchain In Fight Against Tax Evasion

Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.

Shenzhen, China

Markets

Alabama Securities Watchdog Hits 3 ICOs with Cease-and-Desists

The U.S. state of Alabama has issued cease-and-desist orders to three ICOs that were allegedly soliciting residents with unregistered securities.

alabama

Markets

Norfolk Southern the Latest Railway to Join Blockchain Transport Group

Norfolk Southern is the latest railway to join the Blockchain in Transport Alliance.

norfolksouthern