US Government to Submit ‘Oversized’ Argument in ICO Fraud Case U.S. prosecutors are planning an “oversized” response to a motion to dismiss in an ongoing – and potentially precedent-setting – ICO fraud lawsuit.… Read More
Puerto Rico Aims to Attract Blockchain Startups With New Council Puerto Rico’s government has created an advisory council aimed at spurring the development of blockchain businesses. … Read More
Crypto Investment Firm Violates Securities Laws, Warns Philippines The watchdog has warned the public over a crypto investment platform that is allegedly violating securities laws in the country.… Read More
Brazilian Officials Caught Using Bitcoin in $22 Million Scam Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.… Read More
Strong Words, Little Action: ICOs Draw Fire at US Congress Hearing Members of the House of Representatives held a hearing to determine what, if any, regulations are needed in the ICO space.… Read More
US Lawmaker Presses Treasury on Venezuela’s Petro Sale Florida senator Bill Nelson has denounced Venezuela’s petro token and asked how the U.S. Treasury plans to enforce sanctions.… Read More
Thailand’s Cabinet Moves to Regulate and Tax Cryptocurrencies The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.… Read More
Philippines Lawmaker Seeks Tougher Penalties for Crypto Crimes A senator in the Philippines is hoping to usher in harsher penalties for crimes that involve cryptocurrencies.… Read More
Google to Ban Cryptocurrency Advertisement in June Google said in a blog post that it will change its financial product policy in June that will ban advertisement related to cryptocurrency.… Read More
Square Seeks BitLicense to Bring Bitcoin Buying to New York Square is in the process of applying for a BitLicense in a bid to expand its Cash App’s bitcoin option to New York residents. … Read More