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Regulation
UK Finance Watchdog's Crypto Investigations Up By 74% in 2019
The number of investigations into cryptocurrency firms by the U.K.'s Financial Conduct Authority have reportedly seen a sharp rise in the last year.

New York's Financial Watchdog Is Hiring Another Crypto Superintendent
The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.

'Gold-Backed' Crypto Token's Promoter Investigated by Florida Regulators
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

US House Committee Pressuring Zuckerberg to Testify on Libra: Report
Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

Ohio Treasurer Suspends Predecessor's Bitcoin Tax Payment Service
A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

Japan's Financial Regulator Issues Draft Guidelines for Funds Investing in Crypto
The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front.

Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts
The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.

Missouri Watchdog Hits Unregistered Crypto Brokerage With Cease and Desist
St. Louis-based Mavixbtc allegedly promised 55-percent returns and falsely claimed to be registered with two watchdog organizations.

European Competition Watchdog Fears Libra's 'Closed Economy'
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto
Democratic blockchain and crypto enthusiast Agatha Bacelar is challenging House Speaker Pelosi on a tech-focused platform.
