Trump's New Executive Order Slaps a Bandaid on Election Interference Problems

Trump’s order creates a framework to sanction foreign meddling in elections, but experts say it’s not...

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Canadian Regulated Bitcoin Trust Achieves Mutual Fund Trust Status
Sep13

Canadian Regulated Bitcoin Trust Achieves Mutual Fund Trust Status

A Canadian regulated bitcoin trust has achieved the mutual fund trust status, allowing eligible investors to invest in the trust through government-sponsored tax-efficient investment plans. The investment is approved by the Ontario Securities Commission and the British Columbia Securities Commission.  Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Mutual Fund Trust Status First Block Capital...

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Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules
Sep13

Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules

Since its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U.S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances at the scene of the crime, Tokyo, Japan. Also read: Philippines Okays PDAX Crypto...

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FINRA Issues Its First Crypto Disciplinary Action
Sep13

FINRA Issues Its First Crypto Disciplinary Action

The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto...

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Government-Funded Drug Trafficking Makes USD the World’s Dirtiest Currency
Sep13

Government-Funded Drug Trafficking Makes USD the World’s Dirtiest Currency

Pablo Escobar. Joaquín ‘El Chapo’ Guzmán. Rick Ross. Household names, each and every one of them; drug lords collectively responsible for punting billions of dollars’ worth of narcotics. Yet their crimes pale in comparison to those their prosecutors have been perpetrating for years. After decades of fueling proxy wars and trafficking, the US government has powder on its hands – a combination of...

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