Legal

Tezos ICO Class Action Looms After Motion to Dismiss Denied
A motion to dismiss a class action lawsuit against Tezos' $232 million ICO was denied on Tuesday by a U.S. judge.

DEA Agent: Speculators Are Using Bitcoin More Than Criminals
Criminals were behind 90 percent of all cryptocurrency transactions five years ago – not anymore according to a DEA agent.

Ohio Becomes Latest US State to Legally Recognize Blockchain Data
The U.S. state of Ohio has joined Arizona in legally recognizing data stored and transacted on blockchain.

G20 Crypto Regulations Could Unleash Real Blockchain Change
Increased regulation, as long as it is done with industry cooperation and the aim of de-risking the broader market, will hasten blockchain adoption.

SEC Subpoenas Another Firm Following Claimed Blockchain Pivot
Long Blockchain, which made headlines last year when its stock surged following a blockchain pivot, has been subpoenaed by the SEC in the U.S.

Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering
A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.

Philippines' Proposed ICO Rules Presume All Tokens Are Securities
The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings.

Nobel Laureate Oliver Hart to Advise Blockchain Startup
Blockchain economics startup Prysm Group has added Nobel Laureate Oliver Hart and former Microsoft chief economist Preston McAfee as senior advisors.

SEC Chief Got Into 'Heated' Debate on Crypto
A newly released transcript from an SEC roundtable showcases the passionate discussion around crypto within the agency.

The SEC's Hester Peirce Isn't a Bitcoin Champion, Just a Regulatory Realist
Regulators like the SEC shouldn't be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce.

