A court in Massachusetts has backed the U.S. Commodity Futures Trading Commission (CFTC) in their interpretation of virtual currencies as commodities (and thus within the regulator’s jurisdiction), in the process dismissing a petition from the My Big Coin’s promoters to have the case set aside.
While many countries are still deciding how to introduce laws to the cryptocurrency and blockchain spaces, Malta is already set to move forward.
The U.S. SEC and CFTC have filed separate charges against Patrick Brunner, whose 1Broker trading platform accepted BTC as payment.
Lawmakers in Russia now say that they hope to have a new framework for “digital financial assets” ready by fall and hope to receive approval by the end of the year.
The French financial market authority, Autorité des Marchés Financiers (AMF), has updated its official blacklist of fraudulent businesses operating in the country.
A startup in Switzerland has already raised 100 million Swiss francs ($100 million) to put up a bank that would offer cryptocurrency-related products.
The U.S. Securities and Exchange Commission (SEC) has petitioned a court in New York for enforcement action against two individuals over their involvement in the “fast-moving” PlexCoin ICO investment scam.
Circle has created a new cryptocurrency—the USD Coin (USDC)—which is pegged to the US dollar and backed up by physical reserves of fiat held by company.
As many 80 individuals from the cryptocurrency and financial industry sector descended upon Capitol Hill to provide their insight and suggestions on how to make the space more attractive in the United States.
Cryptocurrency mining company Bitmain has officially filed its initial public offering (IPO) with the Hong Kong Stock Exchange.