Legal

Banks Can’t Snub Crypto Startups Thanks to France’s New Blockchain Law

| Ian Allison

France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.

China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance

| Daniel Palmer

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border…

New York State Sees First Conviction for Crypto Money Laundering

| Yogita Khatri

A case involving millions of dollars in bitcoin and Western Union payments resulted in New York State's first conviction for crypto money laundering.

Crypto Exchanges Huobi and Fisco Investigated by Japan Watchdog: Report

| Yogita Khatri

Crypto exchanges Huobi Japan and Fisco were investigated by the country’s Financial Services Agency last week, according to Reuters sources.

Student Gets 10-Year Jail Term for SIM-Swap Crypto Thefts Worth $7.5 Million

| Yogita Khatri

A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swap hacks has been sentenced to 10 years in prison.

coinbase, armstrong

Coinbase’s Political Action Committee Shuts Down Without Ever Raising a Cent

| Nikhilesh De

Coinbase has shut down its political action committee after 10 months without raising any funds or backing any candidates.

CFTC Chair Giancarlo Hints at What’s Holding Back Bakkt’s Bitcoin Futures

| Nikhilesh De

Speaking generally about crypto regulation, the CFTC’s chairman offered clues about the delay at bitcoin futures exchange Bakkt.

Hacked Crypto Exchange Zaif Resuming Full Services Under New Owner

| Daniel Palmer

Japanese crypto exchange Zaif, which was hacked for $60 million last year, is reinstating all services after being acquired by investment firm Fisco.

The Hidden Effects of Crypto Money Laundering Rules

| Noelle Acheson

CoinDesk's Noelle Acheson looks at anti-money laundering regulation’s increasing focus on cryptocurrencies, and at the opportunity this presents.

Malware Crypto Ransoms Rose By Almost 90% in Q1: Report

| Daniel Palmer

The average payout for ransomware attacks rose dramatically in the first quarter of 2019 – largely due to one variant called Ryuk.