Legal

Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations

QuadrigaCX Judge Approves $1.6 Million in Expenses for EY, Law Firms
A Nova Scotia Supreme Court judge approved more than $1.6 million in fees for the companies appointed to recover funds on behalf of QuadrigaCX's former users.

Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank

Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules
Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse.

Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class
Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing.

Judge Punts on Decision in New York Case Against Bitfinex and Tether
A New York judge has delayed making a decision on whether Bitfinex and Tether need to turn over documents to the state Attorney General.

Dark Web Drug Dealer to Hand Over Bitcoin Millions After Plea Deal
A dark web drug dealer must forfeit $4 million in funds including bitcoin after pleading guilty in New York.

In First, SEC Clears Blockchain Gaming Startup to Sell Ethereum Tokens
The SEC has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on ethereum.

AT&T Fails to Win Dismissal in $24 Million Crypto SIM-Swap Lawsuit
Crypto investor Michael Terpin has won an early victory in his attempt to sue AT&T over a SIM-swapping hack that lost a claimed $24 million.

Circle Moves Exchange Operations Offshore With New Bermuda Office
Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

