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Legal
Ukraine Arrests Suspects Tied to Fraudulent Crypto Exchanges
Ukrainian authorities have arrested four individuals suspected of operating fake cryptocurrency exchanges.

Payments Firm Square Receives BitLicense from New York
Digital payments startup Square has received a BitLicense through the NY Department of Financial Services.

Bank for International Settlements to Publish New Crypto Research
The Bank for International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.

Chinese City Causes Confusion with Digital Asset Exchange Proposal
A city government in China is mulling the creation of a "blockchain digital asset exchange," but no one is quite sure what it means.

SEC Official Pushes Back on Claims Ether Is a Security
SEC official William Hinman said the regulatory agency is not classifying ethereum as a security.

Coinbase, Ripple Blast Company Creating Tokens in Their Name
Coinbase and Ripple are pushing back against the equity tokens the Swarm fund announced Wednesday.

Michigan Bill Would Make It Illegal to Counterfeit Blockchain Data
A pair of bills submitted to Michigan's state legislature would make it a crime to illegally alter a blockchain record.

Tether Manipulation Pushed Up Bitcoin's Price, Researchers Find
A new study by the University of Texas at Austin claims that the Tether stablecoin is used to increase bitcoin's price during market downswings.

Blockchain Is 'Revolutionary,' Says German Finance Regulator Chief
The president of BaFin thinks blockchain-based applications are "revolutionary" and could turn the entire financial sector "upside down."

Korean Banks Can Use Blockchain to Verify Customer IDs from July
A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.
