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The State of Montana has become the recent U.S. state to recognize utility tokens, exempting them from being considered as securities under the local rules. Under the new bill, entitled Generally Revise Laws Relating to...
The U.S. Securities and Exchange Commission (SEC) is suing a California resident for allegedly running a multimillion-dollar cryptocurrency Ponzi scheme. The Commission has filed a civil injunctive action on Wednesday...
Cryptocurrency exchange Bitfinex and its affiliated stablecoin issuer Tether have been granted a stay of document demands on Wednesday, according to its blog post. As per the announcement, New York Supreme Court judge...
South Koreas Ministry of Science and ICT has announced that it will run a second study group to promote the adoption of blockchain technology. In a press release issued this week, the government said that the Blockchain...
The United States Securities and Exchange Commission (SEC) has stopped an ongoing cryptocurrency Ponzi scheme that embezzled an estimated $30 million, the regulator confirmed in its press release on May 21. The...
Japans House of Representatives on Tuesday submitted new crypto regulation in the upper house of the National Diet, called the House of Councillors, according to Nikkei. The lower house passed amendments to two existing...
The U.S. Securities and Exchange Commission (SEC) has once again deferred its decision on the bitcoin exchange-traded fund (ETF) proposed by VanEck and SolidX. The VanEck/SolidX bitcoin ETF was first filed in 2018 with...
The United States Internal Revenue Service is currently drafting its first crypto tax guidance since 2014, Commissioner Charles P. Rettig said recently, CoinDesk reported. In response to a request from Rep. Tom Emmer...
The Securities Commission of The Bahamas (SCB) has proposed a new framework to regulate the issuance and sale of digital tokens to lure blockchain businesses and crypto investments to the island nation. The SCB has been...
Many technology industry lobby groups and fintech startups have urged the Reserve Bank of India (RBI) to include cryptocurrency and other related crypto-assets in the regulatory sandbox framework, the Economic Times...
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