Legal
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.
South Korea Fines Crypto Exchanges for Privacy Failures
South Korea's Communications Commission has issued fines totaling $130,000 to eight cryptocurrency exchanges over insufficient user data protection.
EU Commissioner to Host 'High Level' Crypto Roundtable
A European Union commissioner plans to hold a meeting of public and private sector stakeholders to discuss the impact of cryptocurrencies.
Virginia Lawmaker Calls for Crypto Impact Study
A new bill introduced to the Virginia state legislature calls for a study on the impact of cryptocurrencies.
Malta Finance Watchdog Pushes Ahead With Crypto Fund Rules
The Malta Financial Services Authority published the feedback it received on its proposed rules for cryptocurrency investment schemes.
China's Banking Regulator Pushes Blockchain Adoption for Credit Market
China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.
SEC 'Looking Closely' at Public Company Blockchain Pivots, Says Chairman
The SEC is investigating companies that have made recent waves in markets with their public pivots toward blockchain.
China Moves to Crack Down on Digital Currency Pyramid Schemes
China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.
