Legal

North Carolina Orders Crypto Mining Firm to Halt Share Sale
North Carolina deems passive mining pool "shares" are unregistered securities.

FinCEN: Money Transmitter Rules Apply to ICOs
According to a letter released today, FinCEN believes that companies launching token sales qualify as money transmitters, and must register as such.

Illinois Has Been Quietly Considering Bitcoin for Tax Payments
Three U.S. states – Illinois, Arizona and Georgia – are now actively considering bills to allow tax payments made in cryptocurrency.

Caixin: China Blocking Crypto Exchanges on Social Media
Chinese regulators are reportedly blocking social media accounts held by cryptocurrency exchanges that still offer services in the country.

Blockchain Needs Centralization, Says Chinese SEC Official
An official from China's Securities Regulatory Commission has said complete decentralization is not the best way to reap blockchain's benefits.

Brazil Regulators Move to Block Bitcoin Mining Investments
The Brazilian Securities and Exchange Commission has declared a bitcoin mining company to be unlawfully offering securities.

What If the SEC Is Going After the SAFT?
Rumors are swirling that the SEC is targeting a notable startup structure for tokens, but no one knows for sure what would happen if it did.

Coinbase Hit by Lawsuit Over Alleged Insider Trading
Cryptocurrency exchange Coinbase has been hit by a class action lawsuit over alleged insider trading during its launch of bitcoin cash trading.

China's Biggest Political Event Sees Blockchain Praise
At China's annual "Two Sessions" political event, policy advisors have made a wide range of comments on the future of blockchain in the country.

TechCrunch Founder's Crypto Fund Subpoenaed By SEC
Michael Arrington's crypto-fund has reportedly been subpoenaed by the Securities and Exchange Commission.

