SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all …… Read More
Korean Police Allege Coinone’s Crypto Margin Trading Is Illegal Gambling A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling. … Read More
CFTC Denies FOIA Request for Bitfinex and Tether Subpoenas The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked ‘stablecoin’ operator Tether.… Read More
Crypto Startup Circle to Seek Banking License in US Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report. … Read More
Japan’s FSA May Issue First Registration Denial to Crypto Exchange Japan’s Financial Service Agency is reportedly planning to issue its first ever refusal to a registration application filed by a crypto exchange.… Read More
The Real Reason Token Issuers Are Fleeing the US No, it’s not a “race to the bottom.” Reputable token issuers seek jurisdictional quality and clarity, and they’re not finding it in the U.S.… Read More
Belgian Government Launches Site to Warn Crypto Investors About Scams A new website launched by Belgian government agencies outlines different ways to avoid crypto fraud. … Read More
South Korean Supreme Court Rules Bitcoin Is an Asset South Korea’s Supreme Court just ruled that bitcoin is a legally recognizable asset. The landmark ruling occurred on May 30, 2018, and it overturns a decision made by one of the country’s lower courts in a case d…… Read More
U.S. Telecom Agency Wants Blockchain Policy Suggestions The National Telecommunications and Information Administration has asked industry members to provide suggestions for blockchain policy. … Read More
China Has Built a Blockchain System That Could Replace Paper Checks China’s central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country.… Read More