Legal

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.

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.

Police Abruptly Halt Chinese Blockchain Conference
A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.

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.

Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers
An Idaho resident has sued the bank on behalf of "hundreds or thousands" of affected cryptocurrency investors.

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.

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.

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.

Bitfinex Denies Money Laundering Claims After 'Internal Investigation'
Bitfinex is pushing back against reports that Polish authorities froze $400 million of its funds.

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.

