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Legal

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US Judge Rules ICO Frauds Fall Under Securities Law

A federal judge has ruled that a criminal case against an alleged ICO fraudster will proceed to trial, saying existing securities laws apply.

U.S. District Court Judge Alvin Hellerstein said there is "no binding precedent" for SEC vs. Kik case. Credit: Shuttershock

Markets

Gemini Launches NYDFS-Regulated Crypto Pegged to the Dollar

Crypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today.

(Shutterstock)

Markets

SEC Suspends Exchange-Traded Bitcoin and Ether Investment Vehicles

A highly touted investment instrument that sought to appeal to U.S. investors looking for cryptocurrency exposure has just seen a setback.

SEC image via Shutterstock

Markets

The Big Legal Issue Blockchain Developers Rarely Discuss

If blockchain projects seek adoption by enterprises, their open-source license will have a material impact on the rate of adoption, say legal experts.

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Markets

China's Supreme Court Recognizes Blockchain Evidence as Legally Binding

Blockchain can now be legally used to authenticate evidence in legal disputes in China, according to a ruling from the country's Supreme Court.

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Markets

Uzbekistan Looks to Lure Crypto Exchanges With New Tax Benefits

Uzbekistan's government is looking to attract crypto exchanges with a number of tax and regulatory benefits, according to a presidential order.

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Markets

Chinese City Is Using Blockchain to Track Convicts on Parole

Convicts on parole in the southern Chinese city of Zhongshan can now find themselves being tracked over a blockchain network.

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Markets

Think Tank Report Argues for Standardized Crypto Rules Within EU

A Brussels-based think tank believes the EU should enforce standardized regulations on cryptocurrencies for each member nation.

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Markets

EU Lawmakers Weigh 'Standard' for ICOs Under Crowdfunding Rules

Members of the European Parliament convened with experts on Tuesday to discuss a proposal for standardizing ICO rules around the EU.

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Markets

Ripple Scores Small Win Against Investors Claiming XRP Is a Security

Ripple saw a victory Wednesday as a lawsuit against it received a "complex" designation, meaning it will be coordinated with another case.

Ripple reportedly raise $1B fundraise. (Shutterstock)