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SEC, CFTC Chiefs Eye Closer Crypto Scrutiny
Two U.S. financial regulators are increasing their commitment to bringing closer scrutiny to the cryptocurrency industry, according to their chiefs.
Investors File Class Action Against BitConnect After Closure
A class action suit has been filed against exchange and lending platform BitConnect, which recently closed following U.S. cease-and-desist orders.
Virginia Lawmakers Seek Study on Government Blockchain Use
A new Virginia bill would form a subcommittee to research the impact of implementing blockchain technology within the state's government.
Contortions for Compliance: Life Under New York's BitLicense
New York passed the BitLicense in a vacuum. Now state and federal laws are catching up, often with poor coordination, causing a compliance nightmare.
CFTC Files Suits Against Crypto Investment Schemes for Alleged Fraud
The U.S. Commodity Futures Trading Commission brought two lawsuits against allegedly fraudulent cryptocurrency investment schemes yesterday.
2018's Challenge: Promote Responsible Blockchain Innovation
The chief innovation officer at the U.S. regulator for national banks details the agency's efforts to support fintech while still mitigating risk.
SEC Outlines Reasons for Reluctance to List Cryptocurrency ETFs
An SEC letter states there are "significant investor protection issues" to be examined before opening up crypto-ETFs to retail investors.
New Bill in Colorado Encourages State to Adopt Blockchain for Data Security
A new state bill introduced to the Colorado Senate is looking at using blockchain technology to secure private data from cyberattacks.
Proposed US Task Force Would Tackle Crypto Use in Terrorism Financing
A new bill introduced by a U.S. lawmaker calls for the formation of a task force to combat the use of cryptocurrencies in financing terrorism.
Mississippi Doctors Sued Mt. Gox for Bitcoin Loss Now Worth $133 Million
Two former users of the defunct bitcoin exchange Mt. Gox have brought a lawsuit against the company over the loss of 9,500 bitcoins.
