The confusion over Bitcoin grows in the latest lawsuit brought in a California bankruptcy court by Trustee Mark Kasolas against Marc Lowe, a former employee of HashFast Technologies LLC. The trustee alleges, among other...more
Facebook is yet again being tagged in a breach of data protection laws, but this time it’s ‘checking-in’ to a European court in Brussels, Belgium. A recent slew of cases, in which Facebook is the leader, hints at stricter and...more
The New York State Department of Financial Services (the “Department”) recently published its proposed rules and regulations (the “Proposed Rules”) for vendors conducting business involving virtual currency. The Proposed...more
8/11/2014
/ Advertising ,
AML/CFT ,
Bitcoin ,
BitLicense ,
Chief Compliance Officers ,
CIP ,
Licenses ,
Licensing Rules ,
Marketing ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Proposed Regulation ,
Regulatory Standards ,
SDN List ,
State and Local Government ,
Virtual Currency
The Securities and Exchange Commission (SEC) recently charged the co-owner of two Bitcoin-related websites for publicly offering shares in the ventures without registering the securities under the Securities Act of 1933 (the...more
6/25/2014
/ Bitcoin ,
CFTC ,
Cryptocurrency ,
Enforcement ,
Enforcement Actions ,
FinCEN ,
Popular ,
Public Offerings ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury ,
Virtual Currency