Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction

Bitfinex and Tether lawyers file to dismiss an ongoing case versus the New York Attorney General, arguing New York jurisdiction does not apply here. Bitfinex and Tether lawyers are moving to dismiss their ongoing case versus the New York Attorney General (NYAG), according to court filings on May 21.Law firms representing the two companies argue […]

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Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

The Chinese e-commerce giant JD.com has reportedly applied for over 200 patents. Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20.The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu […]

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Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets

New court filings revealed that stablecoin issuer Tether had invested some of its reserves in bitcoin. Stablecoin issuer Tether said that it had invested some of its reserves in bitcoin (BTC), according to a court filing obtained by tech-focused media outlet the Block on May 21.Per the document dated May 16, David Miller, an attorney […]

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Japanese Parliament Moves New Crypto Regulations to the Upper House

Japan’s House of Representatives passed crypto-related amendments to two financial laws to the upper house. The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21.The lower house has reportedly moved crypto-related amendments to the existing financial law to the […]

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Australian Securities and Investments Commission Warns Public Against New Crypto Scam

The Australian financial regulator has warned the public against an alleged crypto-related scam operating with no license. The Australian Securities and Investments Commission (ASIC) has issued another warning on May 21 against an alleged crypto-related scam project.According to the report, the Australian financial regulator has today published a warning against an alleged scam entity dealing […]

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Russia Delays Adoption of Crypto Regulation Due to FATF Order to Legislate Bitcoin

The Financial Action Task Force on Money Laundering is requiring Russia to include the word “bitcoin” in its crypto legislation. Russia has postponed the adoption of crypto legislation due to a requirement from the Financial Action Task Force on Money Laundering (FATF), local news agency TASS reports on May 21.According to the report, the FATF […]

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Bitfury Partners With Kazakhstan-Based Financial Hub to Cooperate on Blockchain Projects

Bitfury teamed up with the Astana International Financial Centre to collaborate on blockchain development in the region. Blockchain tech giant Bitfury partnered with major Kazakhstan-based financial hub to apply the technology across multiple industries, local government-backed newspaper The Astana Times reports on May 21.Headquartered in Nur-Sultan, the newly renamed capital of Kazakhstan, the Astana International […]

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Report: US Court Claims Rapper T.I. Sold Unregistered Securities in FLiK ICO

A U.S. court claims in an order that rapper T.I. sold unregistered securities in his FLiK initial coin offering. The Atlanta division of the United States district court of the northern district of Georgia claims in an order published on May 20 on Twitter by lawyer Stephen Palley that Rapper T.I. — real name Clifford […]

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Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent

A fintech research institute established by China’s central bank has posted several new job openings for blockchain talent. A fintech research institute established by China’s central bank, the People’s Bank of China (PBoC), has posted several new job openings for blockchain talent. The three listings were published to Chinese recruitment website Lagou.com on May 21.As […]

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UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last Year

The Financial Conduct Authority says crypto investors lost approximately $34 million from scams last year. The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20.According to […]

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