California Gov. Gavin Newsom is aiming to drastically change the state’s financial services oversight landscape, as some have expressed concerns the federal government has gotten too lax in its watchdog role.

Regulators' attempts to force cryptocurrency startups into compliance with the fundraising laws may not have been as effective as hoped. So reports The Wall Street Journal.

U.S. officials, including Sen. Mitt Romney, expressed serious homeland security concerns with respect to cryptocurrencies. So reports Bein Crypto.

The U.S. Securities and Exchange Commission filed an emergency action against Telegram to block its $1.7 billion blockchain token offering after claiming the company failed to register its offerings and the token sale. So reports TechCruch.