Op Ed: FinCEN Policy Positions Offer Murky Guidance for ICOs The Financial Crimes Enforcement Network (FinCEN) appears to be taking steps to eliminate some of the ambiguity surrounding the status of ICOs as money services businesses (MSBs). On March 6, 2018, FinCEN released a letter it sent in February to U.S…… 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
ICOs Go to Washington: What to Expect When Congress Talks Crypto The U.S. House’s Capital Markets, Securities and Investment subcommittee will explore cryptocurrencies and ICO markets in a hearing on Wednesday. … Read More
New York Legislator Proposes BitLicense Alternative for Cryptocurrency Users New York State Assembly legislator Ron Kim (D-40) has unveiled a bill that intends to protect cryptocurrency investors and ease the bureaucratic burden on crypto-related businesses. It’s the first comprehensive cryptocurrency bill in New York to mak…… Read More
CFTC Official Backs Winklevoss Brothers’ Crypto Self-Regulation Bid CFTC Commissioner Brian Quintenz has expressed approval over a virtual commodities SRO proposed by Gemini founders Tyler and Cameron Winklevoss.… Read More