Legal
Korean Regulators to Probe Bank AML Measures for Crypto Exchanges
Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.
Japanese Crypto Users Lost $6 Million in Hacks Last Year, Say Police
Around $6.2 million-worth of cryptocurrency was hacked from exchange accounts and wallet services in 2017, Japan's National Police Agency says.
US Hits Crypto Buying Service Payza With Money Laundering Lawsuit
The founders of Payza, which allows customers to trade in cryptocurrencies, have been charged with running an unlicensed money transmitting business.
CFTC Hits Wall Trying to Serve Bitcoin Fraud Summons
In new filings, the CFTC alleges that former bitcoin binary options trader accused of fraud is trying to avoid authorities.
OECD to G20: Crypto Tax Policies Need Global Clarity
The global economic organization has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency.
Exchange to Investigate Another Chinese Stock Over Blockchain Claims
A second Chinese public firm in a week is being questioned by the Shenzhen Stock Exchange over the authenticity of its healthcare blockchain claims.
Korea Telecom Announces Blockchain For Network Security
South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.
Snowden Leak Suggests NSA Is Extensively Tracking Bitcoin Users
The U.S. National Security Agency is reportedly aiming to track down users behind the bitcoin blockchain.
ABA to IRS: Create Safe Harbor for Forked Cryptos
The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.
G20 Calls for Crypto Regulation Recommendations By July
Argentina's Central Bank chairman, Frederico Sturzenegger, said the G20 members are looking for "specific recommendations" on cryptocurrencies.
