Regulation
India's Central Bank Stays Mum on Crypto Ban Reasoning
The RBI has responded to a query about why it moved to block banks from dealing with crypto businesses earlier this year.
Money-Laundering Task Force Wants Binding Rules for Crypto Exchanges
The Financial Action Task Force reportedly aims to develop compulsory rules for the world's cryptocurrency exchanges.
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.
UK's Financial Watchdog Issues Letter to Banks on Crypto Risks
The U.K.'s Financial Conduct Authority has written to bank CEOs over the risks of "facilitating financial crimes which are enabled by cryptoassets."
CFTC Demands Crypto Exchange Data In Market Investigation
The U.S. regulator has subpoenaed four crypto exchanges to submit trading data as part of an investigation into market manipulation.
Lithuania Issues Guidelines for When ICO Tokens Are Securities
Lithuania's Ministry of Finance has published guidance on ICOs, outlining how different aspects of token offerings should be regulated.
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos
South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.
Quebec Halts Crypto Mining Approvals Pending New Restrictions
Quebec has halted approvals for new cryptocurrency mining operations while it draws up new rules and may raise energy costs.
Korean Police Allege Coinone's Crypto Margin Trading Is Illegal Gambling
A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.
CFTC Denies FOIA Request for Bitfinex and Tether Subpoenas
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator Tether.
