Recently launched bitcoin trading platform, Bakkt announced today that it had received approval from the New York Financial Services Department (NYDFS) to serve as a custodian for digital assets.
Bradley Sostack, the lead plaintiff in a long-standing lawsuit against Ripple, has argued in a recent filing that the company is not immune to responding to investor complaints as earlier claimed.
Reginald Middleton, the founder of Veritaseum, a crypto project that was charged by the United States Securities and Exchange Commission (SEC) in August, has asked for more time to respond to the complaint.
The Ontario Securities Commission (OSC) has cleared TokenGX, a tokenization startup in Canada, to pilot secondary-market trading of its security tokens for a limited period.
Facebook and its Libra project were the likely targets of a new report drafted by the G7 taskforce to highlight the risks that “global stablecoins” can pose to the global financial system if allowed to enter the scene.
The United Nations International Children's Emergency Fund (UNICEF), the non-profit organization catering for the needs of children in the United Nations, now allows donors to send in donations using Bitcoin or Ether.
Although regulators in several jurisdictions of the world have introduced some guidance for crypto industry participants since the start of the year, the lack of regulatory clarity remains a hurdle for the emerging industry, according to a new study by Digital Currency Group.
Malta-based cryptocurrency exchange, Binance revealed in an announcement today that it has partnered with Coinfirm, an international regulation technology company, to ensure that the business remains compliant with newly introduced rules for crypto companies by the Financial Action Task Force (FATF).
An announced move by Brooklyn Nets player Spencer Dinwiddie to tokenize his $34.4 million contract with the club and allow investors to buy into it, will not be approved according to the National Basketball Association (NBA).
The full security token trading platform planned by Swiss stock exchange, SIX, will no longer go live in 2019 according to an update published by the company this week.
The U.S Securities and Exchange Commission (SEC) has added Fantasy Market founder, Jonathan Lucas to its list of crypto-related crime offenders, according to a press release published Monday.
Having observed the development of blockchain technology from the sidelines for a couple of years, Germany is swiftly moving to assert its position in the industry and has launched a national policy in that regard.
Anyone who argues that cryptocurrencies like Bitcoin have no use case needs to travel elsewhere to make that argument, not in the Island nation of Cuba where the new kind of money has given citizens a lifeline.
Authorities in China have reportedly emptied and sealed up offices belonging to GXChain, a 2017 ICO startup whose token once reached a market cap of over $600 million.
In the wake of increased tension in the ongoing US and China war, Bank of England, Governor Mark Carney has proposed a solution to end the Dollar's position as the global reserve currency.
The United States Department of Justice on Thursday announced charges against Hugh Brian Haney, a resident Columbus Ohio who allegedly made $19 million from the sale of narcotics on dark web market place, Silk Road.
A group of three masked men failed to succeed after attempting to rob a Birmingham-based Bitcoin ATM according to a Daily Mail report, today July 18.
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The Russian Parliament, State Duma, will likely postpone until autumn session the adoption of its proposed bill “On Digital Financial Assets” (DFA) according to a report by local news agency, TASS.
Europol said in a Wednesday press release that it has finally arrested six people (five men and one woman) alleged to be behind a €24 million (appr. $27 million) cryptocurrency theft.
The European Union Agency for Law Enforcement Cooperation, popularly known as Europol revealed at the closure of its Sixth Cryptocurrency Meeting today that it is working on a new video game.
Leading cryptocurrency exchange, Binance, announced today, the upcoming launch of its new subsidiary, Binance US.
The cheap electricity prices in Iran attracts many crypto mining firms to the country despite the negative stance of the government towards such enterprises.
The growing public interest in the use of cryptocurrencies creates a need for public accountants to handle calculations regarding clients' digital assets.
The United States Securities and Exchanges Commission (SEC) has officially sued Canada-based messaging platform, Kik for its ICO in 2017 through which the company raised near $100 from token sales.
Authorities in India are reportedly in a hunt for Divyesh Darji, the alleged founder of the Regal Coin cryptocurrency that defrauded investors during the ICO boom in 2017.
In case you missed it, the decentralized exchange subsidiary of leading cryptocurrency exchange Binance announced at the weekend that the platform would geo-block access to users from the United States as well as 28 other countries.
The Australian Securities and Investments Commission (ASIC) today announced the release of updated guidance for businesses involved in Initial Coin Offerings (ICOs) and cryptocurrencies.
The Central Bank of the Bahamas will on May 30 sign an agreement with transactions provider, NZIA Limited, to launch the country’s first bank-backed digital currency by next year.
Russia is already on the path to regulating the crypto industry following orders by the country’s President, and could finally fit in the last piece of the puzzle in a spring session according to Olga Skorobogatova, the first deputy chairman of the Bank of Russia.
The Australian Federal Police (AFP) confirmed in a May 21 press release that an unnamed 33-year-old man who formerly worked as an IT contractor for the government is set to appear before the Sydney Local Court today.
Cryptocurrency mining firms in Quebec, Canada will have to rules to abide by after country’s energy regulator, Régie de l’énergie rolled out new regulations for operators in the energy-intensive industry.
According to a Wednesday press release by the Manhattan District Attorney’s Office, Callaway Crain, and Mark Sanchez, both New York residents pleaded guilty to selling controlled substances and laundering the proceeds through Bitcoin and Western Union payments.
One month after the Supreme Court of India reportedly instructed the government to release regulations for the cryptocurrency industry, nothing has happened, and the industry has suffered yet another discrimination.
A delegation of 21 U.S lawmakers led by Rep. Tom Emmer has asked the country’s Internal Revenue Service (IRS) to provide further guidance about how cryptocurrency holders should report their taxes.
The Republic of Lithuania will continue its recent effort to control the activities of crypto-related businesses by rolling out new regulations in the coming months.
If there is one word that should often go hand in hand with the crypto industry, then it should be “innovation” as the years have shown.
While the majority of effort in the crypto space focuses on how to get the new market to compete against the traditional financial markets, blockchain startup, UMA has focused on uniting the old and new.
Jared Rice, the founder of the AriseBank Coin, has pleaded guilty to one count of securities fraud before a Federal Court in Dallas, implying that he lied to investors to collect around $4.2 million worth of cash and cryptocurrencies in a fake ICO.
The level of security offered by new crypto exchanges has once again been called into question after South-Korean based Coinbin said in an announcement that it was going offline because of “increased debt” and “government regulation.”
Like Belgium and the rest of the world, Japan has had its fair share of fraudulent cryptocurrency investment schemes in recent times but will move to stop the rise of such projects by amending its laws.