Legal & Regulatory
Regulator seeks to close down coding bootcamps in California
Several coding bootcamps in California are facing an imminent shutdown after receiving a warning from the Bureau for Private Postsecondary Education (BPPE) to start complying with licensing regulations within two weeks.
Latest Bitcoin crime elicits Nordic Forex bank warning
Bitcoin' chances to get recognition as a legal form of money or payment has been slimmed down again when a top foreign currency in Sweden, SEB AB, denied its clients' requests to open accounts in the bank to manage Bitcoins the latter owned.
Tech firms can now disclose information about government requests for customer data
For the first time, tech companies like Google Inc and Apple Inc will be allowed to give information about government requests for customer data, Bloomberg data.
Executives of New York Bitcoin startup arrested for alleged money laundering
Charlie Shrem and Robert Faiella, both executives of New York-based Bitcoin exchange business BitInstant, were arrested for money laundering in connection to the illegal drug transactions on an online black market, according to the Manhattan US attorney.