US & Canada

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

| Nikhilesh De

Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.

Kik vs SEC – The Lawyers Speak

| Bailey Reutzel and Evan Engel

The SEC's complaint against Kik, after it raised $100 million in an ICO, seemed pretty brutal, but not so fast, we're only hearing one side of the…

Concerns Over Facebook Data Use Derailed at Least 3 Crypto Partnerships

| Leigh Cuen

Philosophical disagreements with crypto experts have slowed the development of Facebook's GlobalCoin, sources say.

FINRA Fines Ex-Merrill Lynch Investment Adviser Over Crypto Mining Sideline

| Daniel Palmer

U.S. self-regulatory organization FINRA has fined and suspended an investment adviser over undeclared cryptocurrency mining activities.

Who Is Wei Liu? Second Copyright Filing Appears for Bitcoin White Paper

| Daniel Palmer

Craig Wright now has a legal rival for claimed authorship of the bitcoin white paper, as a second registration is filed with the U.S. Copyright…

Kik is Crowdfunding $5 Million in Crypto to Help Fight SEC

| Daniel Palmer

Messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. SEC over its ICO token, kin.

Hacked Crypto Exchange Cryptopia Files for US Bankruptcy Protection

| Yogita Khatri

Cryptopia has filed for bankruptcy protection in the U.S. seeking to preserve vital user data held on servers in Arizona

Public Perceptions of the Bitcoin Spot Market Are Wrong, Says Bitwise

| Yogita Khatri

The bitcoin spot market is “significantly" smaller and more efficient than is generally perceived, says a Bitwise paper sent as comment to the SEC.

Montana Passes Bill to Exempt Utility Tokens From Securities Laws

| Daniel Palmer

"Big Sky Country" has gone crypto friendly, with new legislation exempting utility tokens from securities laws.

SEC Moves to Halt Diamond-Linked Crypto ‘Ponzi Scheme,’ Freeze Assets

| Daniel Palmer

The U.S. Securities and Exchange Commission has taken action over what it alleges is a $30 million crypto scam based on supposed diamond investment.