Regulation


Markets

US Senate to Examine Energy Efficiency of Blockchain

The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.

The U.S. infrastructure bill's tax provisions could affect the price of ether.

Markets

There's a Huge Opportunity for Everyone in Crypto, It's Called KYC/AML

If our goal is mass adoption, blockchain and crypto firms should work closely with regulators and come up with new ways to solve big thorny problems.

Dandelion

Markets

SEC Expands Inquiry Into Riot Blockchain, Filing Reveals

The legal woes of biotech company-turned-crypto miner Riot Blockchain don't appear to be slowing down.

riotsec

Markets

Insurance Ratings Bureau Pilots IBM Blockchain for Automatic Reporting

The American Association of Insurance Services is turning to IBM Blockchain to support a new automated insurance reporting tool.

IBM

Markets

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits

Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.

South Korean National Assembly building

Markets

Prime Trust Enters Crypto Custody Race, Will Hold 'Any' Ethereum Token

Prime Trust, a Nevada trust company, says it can handle custody for bitcoin, ether and any token issued on ethereum under the ERC-20 standard.

key

Markets

Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court

A district judge has slapped down an investor's effort to move a lawsuit against payments firm Ripple to a lower court.

Gavel

Markets

SEC Slaps 'Fraudulent' ICO Founder With $30K Fine, Lifetime Ban

The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."

sec

Markets

EU Lawmaker Wants to Include ICOs in New Crowdfunding Rules

A draft proposal by the EP's Committee on Economic and Monetary Affairs suggests creating new regulations for public initial coin offerings (ICOs).

EP

Markets

Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs

A governmental committee comprised of Saudi Arabian regulators has issued a statement warning that cryptocurrency trading is illegal in the kingdom.

saudi arabia