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Israel Securities Authority chairman Prof. Shmuel asked Israeli authorities to take a friendly regulatory approach to ICOs.

Singapore's Infocomm Media Development Authority (IMDA) introduced its very first Blockchain challenge to improve modernization and acceptance of blockchain technology beyond fintech. Source:- Coinpedia

Ripple's head of regulatory called on U.K. to relook into delays of announcing cryptocurrency regulation saying that predictable regulation can help promote to markets by attracting new entrants, especially institutional investors. Financial Conduct Authority said it will study cryptocurrency regulation situation and publish recommendations in the third quarter of the year.

Canadian tax obligations don't exempt people who made money utilizing digital currencies. The taxes are implied on Canadian for income gain through virtual currencies. As cryptocurrency like Bitcoin and Ethereum made users to gain currencies.

Niall Ferguson, author of Book The Ascent of Money has voiced against fraud and scam activities aligned with Initial Coin Offerings. During a seminar Mr.Ferguson discussed on the topic of Bitcoin and cryptocurrencies organized by Bank of England. Crypto experts have addressed Central bankers that the crypto revolution have overtaken the system which is in charge of preserving economic conditions of State.

Dutch law enforcement, working with Europol and Luxembourg authorities, have shut down the Bestmixer.io crypto-mixing service following a year-long money laundering investigation.

NEW YORK (Reuters) - U.S. prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. And it could get much bigger.Federal authorities hauled in 29,655 units of the digital currency. Litetree is the only US based exchange that could provide a platform to sell the bitcoins .