Monday, September 16, 2019
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Crypto Exchange CEX.IO Expands US Service to Cover 31 States

Cryptocurrency exchange CEX.io now operates in 31 U.S. states and the District of Columbia. Since launching a U.S. office early in July, the London, U.K.-based firm says its compliance team has been working with regulators to satisfy the required checks and audits and be granted money transmitter licenses in the new states. Following that

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Tether Hits Back at Claims Its Reserves Were Used to Cover $850 Million Loss at Bitfinex

Stablecoin operator Tether has responded to allegations that its funds were used to cover an $850 million loss at the crypto exchange Bitfinex — using a statement on April 26 to claim court filings by the New York Attorney General’s office are “riddled with false assertions.”The state’s top prosecutor, Letitia James,

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Blockchain Intelligence Firm Chainalysis Expands Monitoring Tools to Cover 10 Cryptos

New York-based blockchain compliance firm Chainalysis has expanded its real-time transaction monitoring tools to cover a total of 10 cryptocurrencies, Reuters reported on April 24.Chainalysis is one of the highest-profile players in the blockchain intelligence industry, providing technology — such as its proprietary KYT (Know Your Transaction) tool —

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Russian Draft Bill Blocking Suspicious Financial Websites ‘Could’ Cover ‘Scam’ ICOs, Experts Note

A group of Russian members of parliament (MPs) has introduced a draft bill on blocking suspicious financial websites on Tuesday, Dec. 11. Russian crypto media outlet Forklog believes it can encompass “scam” Initial Coin Offerings (ICO).According to the document, the country’s central bank will be able to call to block

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U.S. securities law can cover cryptocurrencies, a New York federal judge ruled

U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge ruled on Tuesday in what appeared to be the first court decision to address the issue.The ruling from U.S. District Judge Raymond Dearie in Brooklyn allows federal prosecutors to pursue their case

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