Regulators Land Punches, But There’s a Long Fight Over Crypto Ahead
From ShapeShift's capitulation to KYC to the New York Attorney General's critical look at exchanges, officialdom is striking heavy blows. Stay tuned.
iFinex claimed the NY AG lacked sufficient jurisdiction for an investigation into the company's activities.
Cryptocurrency exchange Bitfinex is planning to issue a proprietary exchange token, according to a shareholder claiming knowledge of the plan.
In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing.
A Bitfinex shareholder says its CFO told him the exchange needs 'a few weeks' to recover the funds at issue in the New York Attorney General probe.
Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.