Russian Parliament Passes Law on Cryptoassets in First Reading
Cryptoassets are considered property, which would their owners legal protection.
Bill prohibits using digital assets as payment instruments on Russian territory.
Bill allows exchange of tokens into rubles and back through specially designed entities.
New York Attorney General Reports that Crypto Exchanges are Ripe for ManipulationRead More
Cryptocurrency exchanges are vulnerable to market manipulation and lack standard consumer protections reports the investigation by the New York State Attorney General's office.
FINRA Has Taken Its First Crypto Disciplinary ActionRead More
The U.S. Financial Industry Regulatory Authority (FINRA) has issued its first crypto-related disciplinary action. On 11th of September FINRA filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts. He was charging with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called Hempcoin.
South Korean Banks to Limit Services for Crypto Traders without Identity VerificationRead More
South Korean banks are reportedly implementing new measures for crypto traders. They are going to limit the services offered to cryptocurrency traders and investors without identity verification, Korea local news report.