USA News

Pocketinns Charged for $410,000 ICO in 2018
Pocketinns Charged for $410,000 ICO in 2018
19 July 2019, 15:55
The New Jersey Bureau of Securities filed a lawsuit against Pocketinns and its President Sarvajnya G. Mada for a $410,000 ICO conducted in early 2018
Breaking - U.S CFTC Investigating BitMEX Over American Users
Breaking - U.S CFTC Investigating BitMEX Over American Users
19 July 2019, 10:21
The U.S CFTC is investigating crypto derivatives platform, BitMEX.
Mnuchin — U.S Will Ensure ‘Very Very Strong’ Crypto Regulation
Mnuchin — U.S Will Ensure ‘Very Very Strong’ Crypto Regulation
18 July 2019, 14:35
U.S Treasury Secretary Steve Mnuchin says the U.S would police cryptocurrencies with “very, very strong” regulations so that they don’t become cloaked in secrecy.
Senators Skeptical As Facebook’s Libra Hearing Gets Adjourned
Senators Skeptical As Facebook’s Libra Hearing Gets Adjourned
16 July 2019, 17:13
An overview of David Marcus's hearing before the U.S Senate Banking Committee concerning Libra.
New York Regulators Grants Bitlicense to Seed CX
New York Regulators Grants Bitlicense to Seed CX
15 July 2019, 17:19
The New York Department of Financial Services (NYDFS) granted Bitlicenses to Seed Digital Commodities Market LLC (SCXM), and Zero Hash LLC.
Libra Target? U.S Lawmakers to Ban Big Tech Firms from Finance
Libra Target? U.S Lawmakers to Ban Big Tech Firms from Finance
15 July 2019, 10:55
U.S lawmakers reveal ploy to keep big tech firms like Facebook out of finance.
trueDigital Eyes CFTC Regulated Crypto Derivatives Exchange
trueDigital Eyes CFTC Regulated Crypto Derivatives Exchange
12 July 2019, 20:00
New York-based trueDigital plans to launch a CFTC regulated crypto derivatives exchange.
Morgan Hunt and Kim Hecroft to Pay Nearly $400,000 for Bitcoin Fraud
Morgan Hunt and Kim Hecroft to Pay Nearly $400,000 for Bitcoin Fraud
12 July 2019, 18:48
A Texas federal court has ruled that Morgan Hunt and Kim Hecroft will pay $400,000 for carrying out a fraudulent Bitcoin scheme while falsely impersonating the U.S Commodity Futures Trading Commission (CFTC)
Did Jerome Powell Just Validate Bitcoin as Gold 2.0?
Did Jerome Powell Just Validate Bitcoin as Gold 2.0?
12 July 2019, 13:59
Jerome Powell: Bitcoin a good example, really no one uses Bitcoin for payments. They use it more as an alternative to gold. It’s a store of value; it’s a speculative store of value like gold.
SEC Approves First Public Token Offering Under Reg A+
SEC Approves First Public Token Offering Under Reg A+
11 July 2019, 09:08
The United States Securities and Exchanges Commission (SEC) has approved an earlier application submitted by a blockchain-based startup, Blockstack to conduct a public token offering.
Libra ‘Cannot Go Ahead’ Until Facebook Satisfies Regulators
Libra ‘Cannot Go Ahead’ Until Facebook Satisfies Regulators
10 July 2019, 19:02
Jerome Powell, Chairman of the United States Federal Reserve Bank, has said that Facebook cannot go ahead with its Libra cryptocurrency until there is “broad satisfaction with the way the company has addressed money laundering.”
Tom Emmer Reintroduces Tax Bill on Hardforked Cryptos
Tom Emmer Reintroduces Tax Bill on Hardforked Cryptos
10 July 2019, 17:28
U.S Congressman, Tom Emmer has reintroduced the “Safe Harbor for Taxpayers with Forked Assets,” bill following what he described as inaction from the U.S Internal Revenue Service (IRS).
SEC Releases Guidance on Digital Asset Custody
SEC Releases Guidance on Digital Asset Custody
09 July 2019, 09:54
The United States Securities and Exchanges Commission (SEC) in conjunction with the Financial Industry Regulatory Authority (FINRA) released a notice regarding broker-dealer custody of digital asset securities.
What Fraction of My Portfolio Should Be in Bitcoin?
What Fraction of My Portfolio Should Be in Bitcoin?
06 July 2019, 18:04
What fraction of an investor's portfolio should be in Bitcoin (BTC)?
Lawyer Says Craig Wright Presented False Documents for Court Defense
Lawyer Says Craig Wright Presented False Documents for Court Defense
05 July 2019, 07:26
Craig Wright claims that the deed was signed on October 23, 2012, even though the Calibri font used itself was only copyrighted in 2015
Cuba Considers Using Crypto to Subvert U.S Sanctions
Cuba Considers Using Crypto to Subvert U.S Sanctions
03 July 2019, 18:07
Cuba considers the adoption of a cryptocurrency to help the nation skirt sanctions imposed on it by the United States Government.
U.S Congress Officially Tells Facebook to Stop Libra
U.S Congress Officially Tells Facebook to Stop Libra
03 July 2019, 05:35
The United States Congress sent an official letter to Facebook Inc., demanding that the company stops the development of its planned Libra cryptocurrency and native wallet, Calibra.
ErisX Receives CFTC Approval for Physical Bitcoin Futures
ErisX Receives CFTC Approval for Physical Bitcoin Futures
02 July 2019, 03:50
The U.S CFTC has cleared ErisX to offer physically delivered Bitcoin futures contracts.
U.S Blockchain Association Takes Over KIK’s Defend Crypto Fund
U.S Blockchain Association Takes Over KIK’s Defend Crypto Fund
28 June 2019, 16:48
The U.S Blockchain Association (USBA) will now manage the residual $2 million fund which KIK raised from the crypto community to take the U.S Securities and Exchanges Commission (SEC) to court
LedgerX Receives CFTC Approval to Offer Physical Bitcoin Futures
LedgerX Receives CFTC Approval to Offer Physical Bitcoin Futures
25 June 2019, 17:19
The United States Commodity and Futures Trading Commission (CFTC) has approved an application by Bitcoin Futures startup, LedgerX to exist as a contract market.
Could JPM Coin be Stuck in a Regulatory Web?
Could JPM Coin be Stuck in a Regulatory Web?
25 June 2019, 11:07
Why has JP Morgan not officially rolled out JPM Coin? It appears the banking giant has regulatory issues to settle.
Eli and Assaf Gigi Arrested for Crypto Theft, $72m Bitfinex Hack
Eli and Assaf Gigi Arrested for Crypto Theft, $72m Bitfinex Hack
24 June 2019, 06:42
Israeli authorities arrested two brothers Eli and Assaf Gigi for using various schemes to steal cryptocurrencies from their victims.
An Overview of FATF’s Guidance For Crypto Platforms
An Overview of FATF’s Guidance For Crypto Platforms
21 June 2019, 21:23
An overview of the 2019 FATF Guidance of Virtual Asset Service Providers (VASPs)
Bitmain Planning U.S IPO Application Next Month
Bitmain Planning U.S IPO Application Next Month
21 June 2019, 15:00
Bitmain would within the next month apply for an IPO to hold on a U.S exchange according to Bloomberg sources.
YouNow Files With SEC for $24 Million Token Distribution
YouNow Files With SEC for $24 Million Token Distribution
20 June 2019, 04:18
The blockchain-based video platform, YouNow has filed a Reg-A+ offering circular for its Props token with the United States Securities and Exchange Commission (SEC).
Another? Bancor DEX to Geo-Block U.S Users
Another? Bancor DEX to Geo-Block U.S Users
19 June 2019, 20:14
Cryptocurrency DEX, Bancor, has confirmed in an update that after July 8, it will no longer allow "US citizens, domiciliaries or users from US IPs" to access its application.
Ripple Secures $50 Million Partnership With MoneyGram
Ripple Secures $50 Million Partnership With MoneyGram
18 June 2019, 01:26
Ripple will invest $50 million into MoneyGram, one of the largest money transfer companies globally.
Rhode Island to Explore Several Blockchain Use Cases
Rhode Island to Explore Several Blockchain Use Cases
14 June 2019, 19:09
The Rhode Island Government recently issued a request for proposals inviting members of the blockchain industry to submit proofs of concepts that lead to the adoption of the technology in the state.
Behind the Move — Binance US & Users Losing Access to Binance.com
Behind the Move — Binance US & Users Losing Access to Binance.com
14 June 2019, 10:18

Leading cryptocurrency exchange, Binance, announced today, the upcoming launch of its new subsidiary, Binance US.

Kyung Soo Kim Fined by FINRA for Unreported Crypto Mining
Kyung Soo Kim Fined by FINRA for Unreported Crypto Mining
13 June 2019, 11:37
The U.S Financial Industry Regulatory Authority (FINRA) has according to a letter of settlement released earlier this week, fined and suspended, Kyung Soo Kim, an investment advisor for U.S based firm, Merrill Lynch
VISA Launches Partly Blockchain Payment Network
VISA Launches Partly Blockchain Payment Network
11 June 2019, 17:33
Visa has announced the release of a new payment network it says has elements of blockchain technology.
Facebook to Release its Cryptocurrency This Month
Facebook to Release its Cryptocurrency This Month
05 June 2019, 23:12
Facebook is officially releasing its long muted cryptocurrency later this month according to recent reports
California — Public Accountants Wants Clarity on Crypto Holding Calc
California — Public Accountants Wants Clarity on Crypto Holding Calc
05 June 2019, 21:42

The growing public interest in the use of cryptocurrencies creates a need for public accountants to handle calculations regarding clients' digital assets.

U.S FBI Investigating QuadrigaCX Case
U.S FBI Investigating QuadrigaCX Case
04 June 2019, 21:02
The United States Federal Bureau of Investigation (FBI) has opened investigations into the activities of now-defunct cryptocurrency exchange, QuadrigaCX.
SEC Officially Sues Kik for its $100 Million ICO in 2017
SEC Officially Sues Kik for its $100 Million ICO in 2017
04 June 2019, 19:11

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.

Is the Binance DEX Geo-Blocking Clearly a Regulatory Issue?
Is the Binance DEX Geo-Blocking Clearly a Regulatory Issue?
03 June 2019, 14:39

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.

Facebook Meets With CFTC to Discuss GlobalCoin
Facebook Meets With CFTC to Discuss GlobalCoin
03 June 2019, 07:00
United States Commodity and Futures Trading Commission (CFTC) has held “very early stages of conversations” with Facebook regarding their proposed cryptocurrency, GlobalCoin.
Kik Raise $5+ Million to Take U.S SEC to Court
Kik Raise $5+ Million to Take U.S SEC to Court
28 May 2019, 12:39
Kik Interactive plans to take the U.S Securities and Exchanges Commission (SEC) to court over its $100 Million ICO raise in 2017.
Montana Separates Utility Tokens From Security Tokens
Montana Separates Utility Tokens From Security Tokens
24 May 2019, 15:45
The U.S State of Montana provides legislation that separates cryptocurrencies that serve as utility tokens from those that serve as security tokens.
U.S SEC Halts $30 Million Argyle Coin as Ponzi
U.S SEC Halts $30 Million Argyle Coin as Ponzi
21 May 2019, 16:05
The United States Securities and Exchanges Commission (SEC) obtained a court order to halt the operations of Argyle Coin LLC because its owner is operating a $30 million Ponzi scheme.
U.S IRS Will ‘Soon’ Release Guidance on Crypto Taxes
U.S IRS Will ‘Soon’ Release Guidance on Crypto Taxes
21 May 2019, 07:34
The United States Internal Revenue Service (IRS) is working on tax guidance for cryptocurrency traders and investors according to one of the agency’s Commissioner Charles P. Rettig.
Mayweather And Dj Khaled Dismissed From ICO Case
Mayweather And Dj Khaled Dismissed From ICO Case
17 May 2019, 22:08
Prominent boxer, Floyd Mayweather and Artist, Dj Khaled will not come under further sanctions after a Federal court ruled that the men did not engage in the sale of unregistered securities as alleged by the plaintiff
Ted Livingston — U.S Regulation Slows Down Crypto Innovation
Ted Livingston — U.S Regulation Slows Down Crypto Innovation
17 May 2019, 07:32
Ted Livingston, Founder of the Kin messaging platform, blamed regulatory uncertainty as a principal reason why the U.S cryptocurrency industry has failed to reach its potential.
Blockstream Launches Bitcoin-based Token Issuance Platform
Blockstream Launches Bitcoin-based Token Issuance Platform
15 May 2019, 20:12
Bitcoin startup, Blockstream has announced at the ongoing Blockchain Week in New York, the release of its token issuance platform based on the Bitcoin blockchain.
Alex Tapscott Fined $25000 by U.S SEC
Alex Tapscott Fined $25000 by U.S SEC
15 May 2019, 18:49

The United States Securities and Exchanges Commission (SEC) said in a May 14 notice that it had fined Canada-based blockchain entrepreneur, Alex Tapscott, and his firm NextBlock Global the sum of $25,000.

U.S SEC Delays Bitwise ETF Proposal Again
U.S SEC Delays Bitwise ETF Proposal Again
14 May 2019, 19:32
The United States Securities and Exchanges Commission (SEC) will not give its ruling but will continue accepting public comments regarding a Bitcoin ETF application filed in January by Bitwise Investment Advisers in partnership with NYSE Arca.
SFOX Offers FDIC-Insured Accounts to Crypto Traders
SFOX Offers FDIC-Insured Accounts to Crypto Traders
14 May 2019, 16:50
SFOX now offers “Segregated FBO Account” allowing users to choose whether to keep their cash reserve on the platform within FDIC-insured accounts with coverage for funds up to $250,000.
When Does an IEO Break U.S Securities Law?
When Does an IEO Break U.S Securities Law?
14 May 2019, 13:15
Before you sell your IEO tokens, know when you're breaking U.S Securities law. Top U.S SEC Official Valerie Szczepanik has confirmed when IEOs breach regulations.
No More Secrets; Mark Zuckerberg Called out over Secret Crypto Project
No More Secrets; Mark Zuckerberg Called out over Secret Crypto Project
10 May 2019, 18:28
The U.S Senate Banking Committee told Facebook’s CEO, Mark Zuckerberg to reveal more information about the secret cryptocurrency-payment system they are developing.
Crescent Crypto Submits Crypto ETF Application
Crescent Crypto Submits Crypto ETF Application
10 May 2019, 16:06
Crescent Crypto has submitted a cryptocurrency exchange-traded fund proposal to the United States Securities and Exchanges Commission (SEC).
U.S Rep Brad Sherman Wants to Outlaw Cryptocurrencies
U.S Rep Brad Sherman Wants to Outlaw Cryptocurrencies
10 May 2019, 10:43
Despite ongoing efforts to provide clear regulations for the U.S cryptocurrency industry, Congressman Brad Sherman in an infamous move called for colleagues to join him to introduce a bill to outlaw the purchase and use of cryptocurrencies by Americans.
U.S SEC and CFTC Admits Growth in Digital Assets Industry
U.S SEC and CFTC Admits Growth in Digital Assets Industry
09 May 2019, 10:11
In the hearing before the Senate Committee on Appropriations, SEC Chairman, Jay Clayton, and CFTC Chairman J. Christopher Giancarlo acknowledged growth in the digital assets industry.
Another Former CFTC Chair Joins the Call for Crypto Regulation
Another Former CFTC Chair Joins the Call for Crypto Regulation
03 May 2019, 14:16
Former Commodity and Futures Trading Commission (CFTC) Chair, Gary Gensler has become the latest top official to lend his voice to the call for clear regulations to govern the crypto ecosystem in the United States.
Samoan Church Denies Deliberate OneCoin Involvement
Samoan Church Denies Deliberate OneCoin Involvement
03 May 2019, 08:30
The Samoan Independent Seventh Day Adventist Church (SISDAC) one of the two religious centres accused of collaborating with a fraudulent crypto project, OneCoin has quickly moved to deny the allegations.
Milestone? Washington Legalizes Blockchain Records
Milestone? Washington Legalizes Blockchain Records
02 May 2019, 14:58
The United States state of Washington has become the latest region in the country to pass a blockchain-related bill into law.
Fowler and Yosef Charged for Illegal Banking with Crypto Exchanges
Fowler and Yosef Charged for Illegal Banking with Crypto Exchanges
01 May 2019, 19:38
The United States Department of Justice (DoJ) charged Reginald Fowler, a man residing in Arizona, and Ravid Yosef an Israeli woman for providing shadow banking services to several cryptocurrency exchanges.
Bakkt’s 3 Significant Moves Draw Launch Date Closer
Bakkt’s 3 Significant Moves Draw Launch Date Closer
29 April 2019, 17:35
Bakkt confirmed that it recently applied for a crypto custodian license with the New York Department of Financial Services (NYDFS), signed a $100,000,000 insurance policy and acquired Digital Asset Custody Company (DACC)
Court Order Says Bitfinex Took $850 Million from Tether to Hide Losses
Court Order Says Bitfinex Took $850 Million from Tether to Hide Losses
26 April 2019, 10:15
The New York Attorney General's office believes crypto exchange, Bitfinex, lost $850 million and subsequently borrowed money from its controversial stablecoin subsidiary, Tether Ltd, to hide the deficiency.
Malta and the U.S Issues Fresh Guidelines on Crypto Frauds
Malta and the U.S Issues Fresh Guidelines on Crypto Frauds
25 April 2019, 21:45
The increase in the number of people falling victim to the activity of crypto fraudsters has led Malta and the U.S to add their name to the list of countries that recently issued guidelines on how to discover suspicious investments in the emerging industry.
Two Nigerians Indicted for Fraudulent 50BTC Scheme
Two Nigerians Indicted for Fraudulent 50BTC Scheme
25 April 2019, 11:24
The U.S government alleges that Onwuemerie Ogor Gift and Kelvin Usifoh generated at least 50BTC (approximately $400,000) from a fraudulent scheme between December 2017 and June 2018.
Joel Ortiz Gets 10-Year Jail Term for $7.5 Million Crypto Theft
Joel Ortiz Gets 10-Year Jail Term for $7.5 Million Crypto Theft
23 April 2019, 10:08
Joel Ortiz, a 21-year old student of the Boston High School was handed a ten-year jail term for stealing cryptocurrencies worth roughly $7.5 million.
Chile Eyes Crypto Regulation with New Bill
Chile Eyes Crypto Regulation with New Bill
22 April 2019, 15:47
Chilean Finance Minister, Felipe Larraín said during a recent visit to the United States that the government will soon introduce to the Congress a bill focused on the regulation of fintech and cryptocurrencies.
P2P Bitcoin Exchanger Eric Powers to Pay $35000 Fine
P2P Bitcoin Exchanger Eric Powers to Pay $35000 Fine
20 April 2019, 13:24
Peer-to-peer Bitcoin Exchanger, Eric Powers, a resident of Kern County, California, will pay a fine of $35,000 and also lose any rights to work as a money services agent according to FinCEN.
U.S Presidential Hopeful Andrew Yang to Regulate Crypto Industry
U.S Presidential Hopeful Andrew Yang to Regulate Crypto Industry
19 April 2019, 21:30
Learn why Andrew Yang is the candidate of choice for most U.S crypto industry participants.
Cambridge Study Shows Unity and Disparity in Crypto Regulation Across Borders
Cambridge Study Shows Unity and Disparity in Crypto Regulation Across Borders
17 April 2019, 19:20
As per an April 2019 Cambridge study, different countries are adopting separate regulations for the cryptocurrency industry leading to some unity and disparity. Will such a situation adversely affect the growth of the young industry?
Arca Seeks SEC Approval for Stablecoin-Based Treasury Fund
Arca Seeks SEC Approval for Stablecoin-Based Treasury Fund
16 April 2019, 20:57
Los Angeles based crypto asset manager, Arca has filed a prospectus with the U.S SEC to create a new type of stablecoin that would allow holders to invest in the U.S Treasury securities.
U.S Reps Wants Guidance on Crypto Taxes As Deadline Looms
U.S Reps Wants Guidance on Crypto Taxes As Deadline Looms
12 April 2019, 15:16

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.

Blockstack Wants to Conduct $50 Million SEC Compliant Token Sale
Blockstack Wants to Conduct $50 Million SEC Compliant Token Sale
11 April 2019, 13:01
Blockstack Token LLC plans to use the SEC Regulation A+ framework to sell Blockstack’s Stacks (STX) token worth $50 Million.
U.S Lawmakers Resumes Quest To Exempt Crypto From Securities Law
U.S Lawmakers Resumes Quest To Exempt Crypto From Securities Law
09 April 2019, 22:58
On Tuesday, April 9, U.S Rep Warren Davidson reintroduced an updated version of the Token Taxonomy Act (TTA) which was first unveiled to the Congress just before its closure at the end of 2018.
Jacob Burrell Gets 2-Year Jail Term for Illegal BTC Sales
Jacob Burrell Gets 2-Year Jail Term for Illegal BTC Sales
09 April 2019, 14:51
Jacob Burrell Campos, a Mexican and U.S citizen was handed a two-year jail term and ordered to forfeit $823,357 worth of profits gotten from running a one-man Bitcoin exchange business.
Kraken Faces $900,000 Lawsuit by Jonathan Silverman
Kraken Faces $900,000 Lawsuit by Jonathan Silverman
08 April 2019, 08:53
Silverman claims that Kraken's CEO, Jesse Powell had failed to honor his promise to pay him a $150,000 salary and a 10% commission of the profits generated by the trading desk which he heads.
Missoula County Makes Renewable Energy a Must For Miners
Missoula County Makes Renewable Energy a Must For Miners
05 April 2019, 19:32
Missoula County cryptocurrency mining firms must now build renewable energy sources to offset 100% of the energy needed for their operations according to newly released regulations.
We Don’t Suppress Crypto Assets Sector — U.S CFTC Chair
We Don’t Suppress Crypto Assets Sector — U.S CFTC Chair
05 April 2019, 16:38
CFTC Chairman Christopher Giancarlo said the agency had resisted calls to use their legal powers to suppress the development of crypto-assets and the underlying technologies that support them.
An Overview — SEC Division Releases Promised Guidance on ICO Tokens
An Overview — SEC Division Releases Promised Guidance on ICO Tokens
03 April 2019, 21:19
An overview of guidelines released by the SEC division on factors to consider in determining whether an ICO Token is a Security
SEC Agrees to “No Action” For TurnKey Jet Token Sale
SEC Agrees to “No Action” For TurnKey Jet Token Sale
03 April 2019, 16:30
In what appears to be an apparent first, the United States Securities and Exchanges Commission (SEC) has given its approval to a crypto project seeking exemption from any enforcement action by the regulators during its token sale.
Will SEC's New Job Listing Resolve Crypto ‘Security’ Saga?
Will SEC's New Job Listing Resolve Crypto ‘Security’ Saga?
01 April 2019, 17:21
Has the U.S Securities and Exchanges Commission (SEC) finally found a way to end the long-term debate regarding which cryptocurrencies to classify as securities and those that qualify for an exemption?
USStocks Token to Let Investors Buy US Stocks via Stablecoin
USStocks Token to Let Investors Buy US Stocks via Stablecoin
29 March 2019, 12:22

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.

CFTC Advisory Committee Considers Crypto Regulation and Blockchain Adoption
CFTC Advisory Committee Considers Crypto Regulation and Blockchain Adoption
28 March 2019, 12:04
Members of the Technology Advisory Committee of the U.S Commodities and Futures Trading Commission (CFTC) recently considered regulation for virtual currencies and the need for the agency to adopt distributed ledger technology.
CabbageTech’s McDonnell May Face 20 Years Imprisonment for Crypto Fraud
CabbageTech’s McDonnell May Face 20 Years Imprisonment for Crypto Fraud
27 March 2019, 23:06
The DoJ alleges that Patrick McDonnell defrauded ten investors of at least $194,000 in cash, 4.41 Bitcoin ($17,688), 206 Litecoin ($12,500), 620 Ethereum Classic ($2994), and 1,342,634 ($9398) Verge
CME’s Terry Duffy — Bitcoin’s Fixed Supply Makes Regulation Difficult
CME’s Terry Duffy — Bitcoin’s Fixed Supply Makes Regulation Difficult
26 March 2019, 12:36
"The governments can't run unless they can run on a deficit. [They]can't borrow against anything.'"
AriseBank’s Jared Rice Pleads Guilty to $4.2 Million Fraud Case
AriseBank’s Jared Rice Pleads Guilty to $4.2 Million Fraud Case
22 March 2019, 14:50

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.

U.S SEC or CFTC Can Regulate Crypto — Timothy Massad
U.S SEC or CFTC Can Regulate Crypto — Timothy Massad
21 March 2019, 20:44
Former CFTC Chair Timothy Massad urges the Congress to appoint either the U.S SEC or the CFTC to regulate crypto-assets, trading platforms, custodians (or wallets), brokers and advisors.
U.S SEC Wants Your Input on Digital Asset Custody Rules
U.S SEC Wants Your Input on Digital Asset Custody Rules
19 March 2019, 12:57
The SEC wants industry experts to share their opinion on how the Custody Rule on non-delivery versus payment (non-DVP) transactions affect investment advisers and custodial trading services dealing in digital assets.
Colorado Lawmakers Wants State To Adopt Blockchain For Agriculture
Colorado Lawmakers Wants State To Adopt Blockchain For Agriculture
18 March 2019, 21:34
Four senators and representatives from U.S State, Colorado, is leading a movement that seeks the adoption of blockchain technology in the agricultural sector.
Crypto Businesses Kick Against Proposed Regulations in Nevada
Crypto Businesses Kick Against Proposed Regulations in Nevada
16 March 2019, 21:35
Crypto industry experts in Nevada rejected has kicked against proposed regulations that they believe would hamper growth rather than speed it up.
Why Did CBOE Halt Bitcoin Futures Listing?
Why Did CBOE Halt Bitcoin Futures Listing?
15 March 2019, 10:13
Some crypto enthusiasts are worried about whether the Chicago Board Options Exchange (CBOE) will list new Bitcoin Futures contracts in the future after the latest halt. Here is what we think.
Colorado Governor Signs Crypto Exemption Bill
Colorado Governor Signs Crypto Exemption Bill
12 March 2019, 18:47
Jared S. Polis has signed into law the “Colorado Digital Token Act” which exempts cryptocurrencies from the same classification as traditional securities.
SEC Chairman Ends Debate, Says ETH Token Not a Security
SEC Chairman Ends Debate, Says ETH Token Not a Security
12 March 2019, 18:23
Jay Clayton has comprehensively ended as debate any claims that Ether (ETH), the native token of the Ethereum blockchain is a security under U.S laws
1Pool To Pay $990,000 For Illegal BTC Transactions
1Pool To Pay $990,000 For Illegal BTC Transactions
12 March 2019, 10:41
For failing to register with the CFTC and not enforcing AML laws, a court order has mandated 1Pool Ltd to payback an outrageous sum of $990,000
Hester Peirce — Government Regulation Not the Only Way for Crypto
Hester Peirce — Government Regulation Not the Only Way for Crypto
11 March 2019, 16:16
SEC Commissioner, Hester Peirce suggests that the crypto industry can thrive without Federal legislation, stating it is not "the only way" for the space to progress.
Is OneCoin a Pyramid Scheme? U.S Authorities Think So
Is OneCoin a Pyramid Scheme? U.S Authorities Think So
08 March 2019, 22:47
U.S authorities have arrested Konstantin Ignatov and his older Ruja Ignatova, the founders of multi-billion market cap cryptocurrency, OneCoin.
Massachusetts Regulators Appoint New Advisory Group on Crypto
Massachusetts Regulators Appoint New Advisory Group on Crypto
08 March 2019, 15:06
No more enforcement actions. We're here for peace is the new message by regulators in Massachusetts. Can the crypto industry trust them not to fail?
Denver to Use a Blockchain Voting System in May Elections
Denver to Use a Blockchain Voting System in May Elections
08 March 2019, 03:50
Denver, a U.S City in the state of Colorado will allow a special set of electorates to cast their ballots for the upcoming municipal election through their smartphones.
Ernst & Young’s New Tool Simplifies Crypto Tax Filing
Ernst & Young’s New Tool Simplifies Crypto Tax Filing
05 March 2019, 13:41
Ernst and Young just made their crypto debut by launching a tax accounting tool for both institutional and individual traders and investors.
5 Things You Should Know About JP Morgan's JPM Coin
5 Things You Should Know About JP Morgan's JPM Coin
04 March 2019, 16:03
Here are some of the key things you must know about the JPM Coin launched by JP Morgan Chase a few weeks ago. It's not a kind of Bitcoin but the first of many to come from banks.
Utah Senator Introduce Bill to Lure Blockchain Companies
Utah Senator Introduce Bill to Lure Blockchain Companies
04 March 2019, 13:14
The Utah Senate is set to debate a bill that could potentially lure more crypto and blockchain-related businesses to set up in Utah.
Ripple’s Security Lawsuit Stays in Federal Court
Ripple’s Security Lawsuit Stays in Federal Court
03 March 2019, 19:47
The Ripple Team has gained a minor but meaningful victory in its quest to prove that the XRP token is not a security under U.S state laws
Rhode Island Bill Wants Securities Exemption
Rhode Island Bill Wants Securities Exemption
01 March 2019, 19:06
Five senators in the U.S State of Rhode Island are currently leading a charge to liberate some crypto tokens from local securities law
California Wants Stablecoins for Cannabis-Related Taxes
California Wants Stablecoins for Cannabis-Related Taxes
01 March 2019, 12:00
A new California bill has proposed stablecoins as an easier way to collect taxes from an industry deemed as illegal under Federal laws.
“My Big Coins” Founder Charged For $6 Million Fraud
“My Big Coins” Founder Charged For $6 Million Fraud
28 February 2019, 09:29
Randall Crater is alleged to be the founder and principal operator behind “My Big Coins” a cryptocurrency scheme that defrauded investors through misrepresentations about its nature and value
U.S Government Return Stolen Bitcoins To Bitfinex
U.S Government Return Stolen Bitcoins To Bitfinex
25 February 2019, 12:14
The $104,900 was redeemed to Bitfinex after U.S law enforcement agencies recovered funds that were stolen from the Bitfinex exchange during an infamous security breach in 2016
Crypto Startups In Texas Fined $25000
Crypto Startups In Texas Fined $25000
22 February 2019, 10:30
Four crypto startups in Texas will pay a fine of $25000 each for defying the local Securities Act.
Wyoming Passes Two New Blockchain Related Bills
Wyoming Passes Two New Blockchain Related Bills
20 February 2019, 17:35
Fresh from passing a bill that recognizes Bitcoin as legal tender, lawmakers U.S State Wyoming has pulled off another one.
U.S FBI Shows How To Identify Fraudulent ICOs
U.S FBI Shows How To Identify Fraudulent ICOs
19 February 2019, 13:58
Based on its two-year experience in monitoring ICO schemes, the United States FBI just disclosed how to identify fraudulent projects easily.
SEC Begin Countdown For Bitwise Bitcoin ETF Application
SEC Begin Countdown For Bitwise Bitcoin ETF Application
15 February 2019, 15:10
U.S SEC will have 45 days to make its decision on whether to approve, reject or extend its deadline Bitwise's proposed rule change.
Fairfax County Knows Risk of $21 Million Blockchain Investment
Fairfax County Knows Risk of $21 Million Blockchain Investment
15 February 2019, 13:52
Executive says Fairfax’s investment team determined that the expected returns from this investment were in line with the level of risk incurred
Court Reverses Decision Involving SEC and Blockvest
Court Reverses Decision Involving SEC and Blockvest
14 February 2019, 22:40
The ongoing case between crypto startup, Blockvest LLC and the U.S SEC has taken a new turn according to a notice released today by the securities watchdog when court ordered Preliminary Injunction.
Two U.S Pension Plans Just Invested a Digital Asset Fund
Two U.S Pension Plans Just Invested a Digital Asset Fund
12 February 2019, 20:21
The cryptocurrency industry is gaining new converts daily, and the latest of them are two major U.S pension plans who put in a majority of $40 million into a digital asset fund by Morgan Creek Digital.
Newly Proposed ETF Will Sneak Bitcoin
Newly Proposed ETF Will Sneak Bitcoin
12 February 2019, 07:00
Reality Shares To Sneak Bitcoin in Clever ETF proposal filed with U.S SEC
Crypto-Friendly SEC Official — ‘Security’ Clarification Is Near
Crypto-Friendly SEC Official — ‘Security’ Clarification Is Near
11 February 2019, 16:26
SEC Commissioner, Hester Peirce has revealed what the SEC will likely do next in its war against ICO tokens.
Texas SSB Shut Down 16 Fraudulent Crypto Projects
Texas SSB Shut Down 16 Fraudulent Crypto Projects
08 February 2019, 15:04
The Texas State Securities Board (SSB) said it sanctioned 16 fraudulent crypto related schemes in 2018 involving 60 different entities.
Bitcoin Is Money in Wyoming
Bitcoin Is Money in Wyoming
04 February 2019, 10:50
Senators in the U.S State of Wyoming has passed a bill that allows the Bitcoin to be classified as money. Now residents can hold Bitcoin freely without paying taxes on its usage.
KIK VS SEC- Startup Challenge Proposed Regulatory Action
KIK VS SEC- Startup Challenge Proposed Regulatory Action
28 January 2019, 17:03
Kik Interactive Inc. has challenged the U.S Securities and Exchange Commission SEC) to a court case if the regulators impose an enforcement action against their platform.
NH Legislators Want Bitcoin For State Payments by 2020
NH Legislators Want Bitcoin For State Payments by 2020
24 January 2019, 10:59
New Hampshire legislators have introduced a bill that will allow state agencies to accept Bitcoin for taxes and fees by 2020
CBOE Withdraws Bitcoin ETF Proposal
CBOE Withdraws Bitcoin ETF Proposal
24 January 2019, 04:06
The CBOE has withdrawn its Bitcoin ETF proposal with the U.S SEC. Once again, hopes dashed as crypto enthusiasts continue to wait for first Bitcoin Exchange Traded Fund (ETF) on a major U.S exchange.
Crypto Exchanges Are Not Money Transmitters - Pennsylvania
23 January 2019, 15:39
The Pennsylvania Department of Banking and Securities (DoBS) have announced that crypto exchange operators do not require a money transmitting license to offer their services to residents. This sets the pace for more business on the exchanges.
The US Congressmen Propose “Token Taxonomy Act” To Rescue ICOs From SEC's ‘Security’ Definition
21 December 2018, 08:54
The US Reps Warren Davidson and Darren Soto have followed up on their promise to provide a clear regulatory framework for the country's crypto industry, by releasing a new bill to the House
G20 To Align Crypto Regulations With FATF
G20 To Align Crypto Regulations With FATF
03 December 2018, 16:25
At a just-concluded G20 Summit held in Buenos Aires, Argentina, the body announced as part of its written declaration that they “will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed”.
Ohio Accepts Bitcoin For Taxes
Ohio Accepts Bitcoin For Taxes
28 November 2018, 12:53
The tax agency of U.S State Ohio has opened up a portal that allows businesses to pay off any percentage of their taxes using Bitcoin. The gateway is Ohiocrypto.com and people could start using them for paying anything ranging from employee withholding tax to sales tax.
Colorado Division of Securities Shuts Down 4 ICOs
Colorado Division of Securities Shuts Down 4 ICOs
23 November 2018, 21:48
Colorado Division of Securities Shuts Down 4 ICOs and crypto projects: Credits LLC, Crowdshare Mining, Global Pay Net and CyberSmart Coin Invest
Pro-crypto Governors elected in California and Colorado
Pro-crypto Governors elected in California and Colorado
07 November 2018, 23:29

At a time when the crypto markets have begun to flourish again, a big win has been recorded by the new asset class in the off-market.

Bithumb To Open Security Token Exchange
Bithumb To Open Security Token Exchange
04 November 2018, 22:09

South Korea based cryptocurrency exchange, Bithumb has signed a new deal with an American Fintech firm, SeriesOne. According to a local news source, the purpose of the new union is to establish an exchange that is dedicated to trading security tokens.

New York Regulators Approve Bitcoin ATMs
New York Regulators Approve Bitcoin ATMs
02 November 2018, 08:21

A virtual currency operating license has been given to Bitcoin ATM operator, Coinsource Inc. by the New York State Department of Financial Services (NYDFS) according to a Nov 1 press release.

5 years jail time for BTC selling in US
5 years jail time for BTC selling in US
30 October 2018, 21:08
On Monday, October 29 Department of Justice (DOJ), U.S. Attorney’s Office Southern District of California issued a press-release stating that Jacob Burrell-Campos, 21 years was charged statutory maximum: 5 years prison, $250,000 fine. Also Burrell agreed to forfeit to the United States a total of $823,357.00