Regulation


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FinCEN: Money Transmitter Rules Apply to ICOs

According to a letter released today, FinCEN believes that companies launching token sales qualify as money transmitters, and must register as such.

Dollars

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Illinois Has Been Quietly Considering Bitcoin for Tax Payments

Three U.S. states – Illinois, Arizona and Georgia – are now actively considering bills to allow tax payments made in cryptocurrency.

Illinois house

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Caixin: China Blocking Crypto Exchanges on Social Media

Chinese regulators are reportedly blocking social media accounts held by cryptocurrency exchanges that still offer services in the country.

Shutterstock

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Brazil Regulators Move to Block Bitcoin Mining Investments

The Brazilian Securities and Exchange Commission has declared a bitcoin mining company to be unlawfully offering securities.

shutterstock_167604665

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What If the SEC Is Going After the SAFT?

Rumors are swirling that the SEC is targeting a notable startup structure for tokens, but no one knows for sure what would happen if it did.

books, law

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China's Biggest Political Event Sees Blockchain Praise

At China's annual "Two Sessions" political event, policy advisors have made a wide range of comments on the future of blockchain in the country.

People's great hall

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TechCrunch Founder's Crypto Fund Subpoenaed By SEC

Michael Arrington's crypto-fund has reportedly been subpoenaed by the Securities and Exchange Commission.

shutterstock_500014633 SEC

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UK Central Bank to Clamp Down on Crypto Money Laundering

The head of the Bank of England has said that the institution will step up its efforts to combat cryptocurrency money laundering.

Bank of England

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Mexican Lawmakers Pass Cryptocurrency Regulation Bill

Mexico is now just one step away from passing a law that will regulate fintech including cryptocurrencies in the country.

mexico legislature house

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Overstock Defends tZero ICO: SEC Subpoenaed 'Everyone Else'

Overstock is pushing back against the idea an inquiry into its tZero ICO is part of a broader SEC effort to crackdown on poor industry practices.

overstock, website