South Korea’s Top Financial Regulator Is Forming a Crypto Bureau

The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators.

AriseCoin Inventor Sentenced to 5 Years in Prison for Securities Fraud

Jared Rice, Sr., pleaded guilty to duping investors out of more than $4 million.

SEC Official Calls Crypto Scams the ‘Flavor of the Year’

Scams involving celebrity endorsements of digital assets are becoming more common.

House Moves to Consider Unamended Infrastructure Bill

The House will consider the bipartisan infrastructure bill on Sept. 27.

Y Combinator, Dragonfly Back Seed Round for Crypto Trading Dashboard Hedgehog

Led by Acorns alums, Hedgehog will use the fresh $1.6 million to build a robo-advisor for cryptocurrency investing.

CFTC Commissioner Stump Decries ‘Oversimplification’ That Crypto Is Either a Security or Commodity

The CFTC has jurisdiction only when looking at futures or other derivatives products, Stump said.

SEC Secures Judgments Against 3 in Bitconnect Scam

One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.

Compass Mining Says Chase Shut Down Bank Accounts Without Warning

The accounts held about 7% of the company's cash.

Crypto Booster Brian Quintenz to Step Down as CFTC Commissioner

Quintenz will leave by Aug. 31.