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Regulation
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.

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.

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.

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.

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.

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.

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.

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.

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.

Norfolk Southern the Latest Railway to Join Blockchain Transport Group
Norfolk Southern is the latest railway to join the Blockchain in Transport Alliance.
