Legal

Legal

Markets

CabbageTech CEO Concedes in CFTC Crypto Fraud Suit

CabbageTech CEO Patrick McDonnell has ceased his fight with the CFTC, potentially affirming the regulator's power to oversee cryptos as commodities.

cftc

Finance

NY Regulator Argues BitLicense Regulation Boosted Businesses

Maria Vullo highlighted the state's early involvement in cryptocurrency. But many think New York's BitLicense desperately needs an overhaul.

nys

Markets

Police Abruptly Halt Chinese Blockchain Conference

A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.

cancelled

Markets

BitFlyer Exchange Toughens User Verification Amid Watchdog Scrutiny

Japanese cryptocurrency exchange BitFlyer says it will revise its know-your-customer procedures after criticism from a financial regulator.

Credit: Shutterstock

Finance

Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers

An Idaho resident has sued the bank on behalf of "hundreds or thousands" of affected cryptocurrency investors.

jpmorgan

Markets

Taiwan Moves to Capture Bitcoin Under Money Laundering Laws

The government of Taiwan has moved a step closer to regulating bitcoin under existing anti-money laundering (AML) rules.

taiwan dollar

Markets

Cloud Mining Contracts Are Securities, Says Philippines SEC

The Philippines securities watchdog has warned that it will regulate cryptocurrency cloud mining contracts under existing securities rules.

mining grid

Markets

Alibaba's Taobao Bars Crypto and ICOs in Policy Update

Alibaba's Taobao e-commerce site has updated its list of prohibited goods and services on the platform, which now includes those related to cryptos.

TAOBAO

Markets

Bitfinex Denies Money Laundering Claims After 'Internal Investigation'

Bitfinex is pushing back against reports that Polish authorities froze $400 million of its funds.

exchange

Markets

UK Cyber Security Division Issues Warning on PC 'Cryptojacking'

The UK National Cyber Security Centre highlighted the rising number of browser apps which force computers to mine cryptocurrencies in a new report.

monero