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On December 18, Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), announced revisions to the proposed special banking license – known as BitLicense – that his department introduced in the summer to regulate cryptocurrency. In a speech...

The US Securities and Exchange Commission (SEC) announced Monday it has sanctioned Ethan Burnside, a computer programmer from Oregon, for operating a pair of online venues that traded securities using Bitcoin and Litecoin without registering the venues as broker-dealers or stock...

A new bill (HR 5777) introduced to congress by US representative Steve Stockman (R-TX), is taking a novel new approach to Bitcoin regulation: don’t. The bill, in full the “Cryptocurrency Protocol Protection and Moratorium Act,” would (if it were to pass) require the federal and...

The Australian Crime Commission is investigating Bitcoin’s role in organized crime, reports Reuters. Judy Lind, the commission’s executive director, has revealed that investigators will monitor “misuse of virtual currencies to facilitate criminal activity” at a national and...

The Bank of Canada is monitoring risks posed by new means of electronic money, given that the central bank’s mandate is to issue currency, foster financial stability, and oversee the nation’s payment systems, said Senior Deputy Governor Carolyn Wilkins Thursday during the...

In an op-ed written for the Wall Street Journal, Mark Wetjen – a commissioner of the Commodity Futures Trading Commission (CFTC) – stated that in a webcast of an October 9 CFTC public meeting on digital currencies, “the viewers’ comments sent a clear message to...

The UK government announced Monday the launch of a “Call for Information” on digital currencies’ assets and liabilities as part of efforts to support the growth of Britain’s emerging financial technology (or FinTech) industry and to ensure customers can take advantage of the...

Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), announced Sunday that his department may grant transitional licenses to small digital-currency companies and startups to let them grow before facing the full burden of new rules,...

The Wall Street Journal reports that Arthur Levitt, who served as chairman of the Securities and Exchange Commission from 1993 to 2002, is joining the advisory boards of BitPay and Vaurum. As an adviser to BitPay, a Bitcoin payment processor, and Vaurum, a Bitcoin exchange for...

LedgerX LLC, a New York-based startup, has recruited prominent financial industry executives to its board of directors and raised venture funding to inject legitimacy into the Bitcoin market, reports Wall Street Journal blog Venture Capital Dispatch. The blog reports the company...