Legal

Regulators Probe Coincheck's Hack Compensation Claims
Japan's Financial Services Agency is conducting an on-site inspection at Coincheck to see if it can afford to compensate victims of its recent hack.

US Commodities Regulator Beefs Up Bitcoin Futures Review
The Commodity Futures Trading Commission has issued a new checklist as part of the "heightened review process" it's developing for virtual currencies.

Crypto Cleanup? Law Group to Focus on Tech Messes
Stephen Palley's team will work on mediating disputes and what people in the traditional finance world call "workouts" – fixing distressed situations.

India's Finance Minister Strikes Stern Tone on Cryptos in Budget Speech
During his annual budget speech, Indian finance minister Arun Jaitley confirmed his position that cryptocurrencies are not legal tender.

When Crypto Exchanges Hold More Than Your Money
Regulators want cryptocurrency exchanges to know who their customers are – but that requires these companies to collect very sensitive information.

Cloud Network Xunlei Hit By Class Actions Over ICO
China-based cloud content delivery network Xunlei has been hit by two class action suits over alleged illegal ICO activity.

SEC, CFTC Chiefs Set for Senate Crypto Hearing
The heads of the SEC and the SEC are set to testify on cryptocurrencies before Congress next week.

Bitcoin Tax Payments Bill Advances in Arizona
Lawmakers in Arizona have advanced a proposal that would allow residents in the state to pay their taxes in bitcoin.

US Court Freezes BitConnect Assets as Lawsuits Mount
A temporary restraining order freezing BitConnect's assets has been granted in the U.S. after a second lawsuit was filed against the exchange Monday.

State Retirement Funds in Tennessee Could Face Bitcoin Restriction
Tennessee lawmakers have put forward a new bill that would bar state government retirement funds from investing in cryptocurrencies.

