Legal

Banking, Bitfinex and the Hidden Irony of Crypto's Newest Controversy
When I visited some early bitcoin startups in Hong Kong five years ago, they were unanimous about their biggest challenge: finding a bank that would let them open an account.

U.S. DOJ Moves to Detain Defendant in Crypto 'Shadow Banking' Case
U.S. prosecutors want to detain Reginald Fowler until his trial for illicitly providing banking services to crypto exchanges.

Tether Lawyer Admits Stablecoin Now 74% Backed by Cash and Equivalents
Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday.

Creditor Takes Crypto Startup London Block Exchange to Court
A law firm has taken the London Block Exchange to court saying it's owed money, but the startup's CEO has denied it is going out of business.

I Tried to Get People to Give Away Bitcoin – And They Did
Some of bitcoin's earliest adopters have made a fortune holding onto the coins, and Connie Gallippi wanted to give them a way to help other people. Turns out bitcoiners are quite the philanthropists too.

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege
New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.

Coinbase's Political Action Committee Shuts Down Without Ever Raising a Cent
Coinbase has shut down its political action committee after 10 months without raising any funds or backing any candidates.

CFTC Chair Giancarlo Hints at What's Holding Back Bakkt's Bitcoin Futures
Speaking generally about crypto regulation, the CFTC’s chairman offered clues about the delay at bitcoin futures exchange Bakkt.

The Hidden Effects of Crypto Money Laundering Rules
CoinDesk's Noelle Acheson looks at anti-money laundering regulation’s increasing focus on cryptocurrencies, and at the opportunity this presents.

Presidential Candidate Andrew Yang Calls for 'Clear Guidelines' on Crypto
U.S. presidential hopeful Andrew Yang has laid out his campaign's policy position on cryptocurrencies.

