Legal

IMF's Lagarde Touts Distributed Ledger as Defense Against Terror
The head of one of the world's largest financial organizations has issued new comments addressing blockchain trends.

Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme
A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.

Uniform Law Commission Sets Date for Debate on Digital Currency Rules
The creators of model digital currency regulation for use by US lawmakers are set to convene to discuss key obstacles this July.

New York's Financial Regulator Is Now Inspecting Bitcoin Startups
The NYDFS is now carrying out legislated examinations of digital currency startups licensed in the state, according to an annual report.

Bank of Thailand Governor Heralds Blockchain's Coming Impact
The Bank of Thailand has issued new remarks that highlight its evolving thinking on blockchain and distributed ledgers.

Financial Firms Offer Diverse Blockchain Views in European Commission Response
With a public comment period over, financial firms are beginning to publish remarks submitted to the European Commission on DLT.

Russia's National Payment Card Provider: Blockchain Isn't for Us
New statements by Russia's top card issuer suggests the domestic financial industry is still warming slowly to blockchain.

UK Financial Regulator Calls for Caution on Cryptocurrency Investing
An official at the UK's Financial Conduct Authority has issued cautionary comments amid a wave of new investment in the cryptocurrency market.

Nevada Senator: We Want to Be 'Home Base' for Blockchain Startups
A new law in Nevada is paving the way for the US state's broad bid to attract new blockchain startups.

Banking and Blockchain: Why We Need an AML/KYC Safe Harbor
Compliance rules may be boosting blockchain innovation, but legal uncertainty is excluding some developing nations from the global banking system.

