New York Court Rules Criminal Case Involving Violations of Securities Fraud Can Go Ahead

On Tuesday, September 11, a New York Federal Judge rejected a defendant’s argument that he cannot be prosecuted because the digital coins he sold were not securities. Maksim Zaslavskiy is

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Cryptocurrency, Enforcement, ICO, US

Australia’s ASIC 2018-2022 Corporate Plan Reflects Growth of Blockchain and ICOs

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC) has released its 2018-2019 to 2021-2022 corporate plan (the Plan), articulating the regulator’s short and medium term strategic vision and

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Australia, Cryptocurrency, ICO

China Cracks Down Again on Cryptocurrency

On August 17, the central district of Chaoyang in Beijing issued a notice telling hotels, shopping malls, and office buildings in the area to refrain from hosting cryptocurrency events.  The

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China, Cryptocurrency

Unauthorized Cryptocurrency Declared Illegal in Saudi Arabia

On August 12, SAMA, the Saudi Arabian Monetary Authority, issued a Statement on its website warning against trading in virtual currencies because they are outside government supervision.  The Statement said

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Cryptocurrency, Saudi Arabia

EU Blockchain Observatory & Forum releases thematic report

The EU Blockchain Observatory & Forum (EBOF) launched in February 2018 has published its first thematic report outlining the current

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Cryptocurrency, EU

SEC Rejects the Winklevoss Twins’ Bitcoin Fund

Last year, the SEC rejected an application by Cameron and Tyler Winklevoss for what would have been the first-ever Bitcoin

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Bitcoin, Cryptocurrency, SEC, US

International Body Sets Out Framework For Monitoring Crypto-Asset Markets

On July 16 the Financial Stability Board (“FSB”) published a report establishing a framework to monitor-crypto-asset markets.  The report sets

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Cryptocurrency, International

Australian Regulator Provides Further Guidance on Initial Coin Offerings and Cryptocurrency Compliance

The Australian Securities and Investment Commission (“ASIC”) has released further guidance on initial coin offerings (“ICOs”) and cryptocurrency compliance through

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Australia, Cryptocurrency, ICO

Two New Cryptocurrency Exchanges Approved in the Philippines

As reported, the Philippine central bank (Bangko Sentral ng Philipinas) (“BSP”) has approved applications filed by two cryptocurrency exchange platforms

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Cryptocurrency, Philippines

Cambodia Issues Warning Regarding Cryptocurrencies

A joint statement (Statement) on cryptocurrencies has been released by the National Bank of Cambodia, the Securities Exchange Commission of

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Cambodia, Cryptocurrency