CoinDesk: news on page 469

Contortions for Compliance: Life Under New York's BitLicense

New York passed the BitLicense in a vacuum. Now state and federal laws are catching up, often with poor coordination, causing a compliance nightmare.

Public Blockchains' Lure Will Become Irresistible for Enterprises in 2018

Decentralized public blockchains are the only way enterprises will commit to digitizing services in an interoperable manner, says EY's Paul Brody.

Lightning Network May Not Solve Bitcoin's Scaling 'Trilemma'

It isn’t possible to have decentralization, a fixed money supply and sufficient liquidity for an efficient payments system, says Frances Coppola.

Battle-Testing Lightning: Schools Start Contest to Secure Bitcoin’s Layer 2

Organizers hope a new competition will spur security advances for Lightning, but also steer bitcoin debates in more constructive directions.

Venezuela Blasts 'False' White Paper for Oil-Backed Cryptocurrency

Venezuelan officials have denied claims that the petro token's white paper has been released, calling such claims "false information."

Report: India's Government Sends Tax Notices to Cryptocurrency Traders

India has sent tax notices to tens of thousands of cryptocurrency owners within its borders.

Bulgaria Joins 'International Operation' Against OneCoin

Bulgaria's government has revealed it is part of an international crackdown of OneCoin.

OKCoin Eyes Cryptocurrency Exchange Launch in South Korea

Cryptocurrency exchange OKCoin is reportedly moving to launch in South Korea – possibly as soon as next month.

TEPCO Invests in Blockchain Startup in Bid to Decentralize Systems

The Tokyo Electric Power Company Holdings announced it had invested in blockchain startup Electron to develop an asset management platform.

PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders

The PBoC's Beijing division has reportedly issued a document requiring payment services to stop facilitating crypto trading activities.

CFTC Files Suits Against Crypto Investment Schemes for Alleged Fraud

The U.S. Commodity Futures Trading Commission brought two lawsuits against allegedly fraudulent cryptocurrency investment schemes yesterday.

Massachusetts Sues ICO Organizer for Alleged Securities Violations

Massachusetts' securities enforcement office is suing a resident and his company for selling unregistered securities in a token sale.

2018's Challenge: Promote Responsible Blockchain Innovation

The chief innovation officer at the U.S. regulator for national banks details the agency's efforts to support fintech while still mitigating risk.

Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses

With its recovery stalled, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears.

Global Securities Watchdog Warns Investors on ICO Risks

An organization of global securities regulators has issued a notice alerting investors to the perceived risks associated with initial coin offerings.

SEC Outlines Reasons for Reluctance to List Cryptocurrency ETFs

An SEC letter states there are "significant investor protection issues" to be examined before opening up crypto-ETFs to retail investors.

Why São Paulo Wants to Pay for Infrastructure with Cryptocurrency

The Brazilian state wants to pay for feasibility studies with a token designed for the construction industry. Can such a coin achieve network effect?

The ECB Wants to Hear Your Cryptocurrency Questions

The European Central Bank is soliciting questions for its president, Mario Draghi, specifying that cryptocurrencies should be a topic.

Where'd You Get That Token? 7 Platforms Managing ICOs

A handful of platforms have launched to support token issuers with their sales. Which one an issuer uses may say something about the token itself.

Bitcoin Devs Release Long-Awaited Schnorr Paper for Scalability Gains

Bitcoin devs have released the first paper on the Schnorr multi-signature protocol, which, if implemented, would increase bitcoin block sizes.