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Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

The owner of the New York Stock Exchange, ICE, is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt.

New York Wall st

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Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin

Arca Investment Management is seeking approval from the SEC to sell a new type of stablecoin to retail investors.

Bonds, Treasury Bond (CoinDesk Archives)

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21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

TomEmmer

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Bitstamp Granted BitLicense, Will Expand Crypto Services in US

Europe-based crypto exchange Bitstamp has just received New York's 19th BitLicense, allowing it to offer five crypto trading pairs in the state.

Bitstamp CEO and founder Nejc Kodrič

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Canadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin

A Toronto judge has ruled that a 30-year old drug dealer must forfeit 281.41 bitcoins used in illegal activities on the dark web.

Jail

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SEC's Crypto Token Framework Falls Short of Clear and Actionable Guidance

The SEC's guidance on crypto token sales, while welcome, is not quite the clarifying document the industry hoped for.

Washington, Government

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QuadrigaCX Crypto Exchange Could Soon Be Placed in Bankruptcy

EY, the court-appointed monitor for QuadrigaCX, is looking to move the exchange into bankruptcy.

supremecourtnovascotia1

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The SEC Wants to Hire a 'Crypto Securities' Advisor

The U.S. Securities and Exchange Commission is looking for an attorney advisor to help develop a plan for digital and crypto securities.

SEC (Image via Mark Van Scyoc / Shutterstock)

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CabbageTech CEO Indicted in New York for Defrauding Crypto Investors

The owner of a firm called CabbageTech has been arrested and charged with duping investors out of over $200,000 in cryptocurrency and cash.

NYPD police car

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Crypto Lawyer Drew Hinkes Joins Firm to Help ICO Issuers Fight Back

Blockchain lawyer Andrew Hinkes has joined has joined legal services firm Carlton Fields, where he will focus on litigating cases for token sellers.

Crypto lawyer Andrew Hinkes