Legal

Nigerian Central Bank Director: Cryptocurrency Wave 'Cannot Be Stopped'
A representative of the Central Bank of Nigeria opened up about his views on cryptocurrency at a technology-specific conference this week.

Gibraltar Issues ICO Advisory Amid Drive Toward Blockchain Regulation
Gibraltar's financial watchdog has said it will soon put in place new regulations aimed to bring oversight to cryptocurrency exchanges.

CFTC Sues New York Man Over Alleged $600k Bitcoin Ponzi Scheme
The Commodity Futures Trading Commission has filed a lawsuit against a New York-based man and his company for allegedly running a bitcoin scam.

Nebraska Lawyers Accept Bitcoin Following Ethics Board Approval
The lawyer who asked a Nebraska state ethics board about accepting bitcoin says his practice will soon begin taking the cryptocurrency.

CFTC Chair Giancarlo: Embracing Blockchain Is in the 'National Interest'
J. Christopher Giancarlo, CFTC chair, has called on government agencies to embrace blockchain, saying it's in the national interest to do so.

The European Union Wants to Beef Up Penalties for Cryptocurrency Crimes
The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.

Swiss Finance Regulator Cracks Down on 'E-Coin' Cryptocurrency Scheme
Switzerland's financial markets regulator has cracked down on a trio of companies tied to an alleged cryptocurrency scam.

Malaysia's Central Bank Is Close to Drafting New Cryptocurrency Rules
Malaysia's central bank could introduce rules around cryptocurrencies by the end of this year, according to statements by its governor.

Pick n Pay Double Take? The Supermarket Chain Isn't Accepting Bitcoin, It Tested It
South Africa's second-largest supermarket chain tested bitcoin payments earlier this year, but is thus far declining to roll out a broader option.

$700 Billion Senate Defense Bill Calls for Blockchain Cybersecurity Study
A major defense spending bill passed by the US Senate yesterday calls for a blockchain study, public records show.

