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Regulation
Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator
Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland.

Iran's Government Gives the Official Nod to Crypto Mining
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country's cabinet.

Abra App to Restrict Services for US Users Over Regulatory Issues
Crypto investment app Abra is cutting back the crypto options for U.S. customers citing "regulatory uncertainty and restrictions" in the country.

In First, SEC Clears Blockchain Gaming Startup to Sell Ethereum Tokens
The SEC has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on ethereum.

Bancor Raised $153 Million and Found Actual Users. Why Did Its Price Tank?
Bancor raised $153 million as one of the top initial coin offerings of 2017. With its BNT token trading near all-time lows, here's an update on the project.

US Treasury Secretary Mnuchin Thinks Outlook for Bitcoin Is Bleak
Secretary Steven Mnuchin said, "I will personally not be loaded up on bitcoin in 10 years.”

Facebook Libra Hasn't Responded to Information Request: Swiss Watchdog
Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.

New NYDFS Division to Oversee Licensing for Cryptocurrency Startups
The Research and Innovation Division will include an in-house team that supervises cryptocurrencies.

Circle Moves Exchange Operations Offshore With New Bermuda Office
Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud
A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.
