Tuesday, September 17, 2019
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Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

The Supreme Court of Nova Scotia, Canada, has approved over $1.6 million in fees for parties seeking funds from former Canadian cryptocurrency exchange QuadrigaCX, according to recently released court documents.Justice Darlene Jamieson ordered to approve the activities, fees and disbursements incurred by the Monitor — Big Four audit firm

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SEC Approves the Sale of PoQ Tokens Without Registration as Securities

A gaming company known as Pocketful of Quarters (PoQ) has recently received the blessings of the U.S. Securities and Exchange Commission (SEC) to issue crypto tokens in its platform without registrationPoQ plans on issuing the token dubbed Quarter in its gaming platform to enable players enjoy real-time gameplay without spending

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Judge Approves Lead Counsel in $4B Class Action Suit Against OneCoin Crypto Ponzi Scheme

A New York’s federal judge has announced his decision of appointing Levi & Korsinsky and Silver Miller as the lead counselors of the $4 billion class action lawsuit against the cryptocurrency Ponzi scheme OneCoin, in which Donald Berdeaux was appointed as the lead plaintiff of the suit.The securities lawsuit alleges

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US CFTC Approves LedgerX’s Application for Designation As Contract Market

The United States Commodity Futures Trading Commission (CFTC) has approved the application of LedgerX LLC for designation as a contract market, according to an announcement published on June 25.LedgerX — a U.S.-based regulated crypto derivatives and clearing platform — can operate as a designated contract market (DCM) as of

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Iceland’s Financial Regulator Approves Blockchain-Powered E-Money Firm

The Financial Supervisory Authority (FME), Iceland’s sole financial regulator, has approved the first blockchain-powered e-money firm in the country, as the organization announced on June 14.Reykjavik-based Monerium, backed by blockchain software company ConsenSys, has reportedly been approved by the Icelandic financial watchdog to provide fiat payment services using ethereum

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