Ethereum is most likely not a security under U.S. laws, but a statement by the SEC chairman did not confirm it. Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman. “Based on my understanding of […]
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A recently published report from former CFTC chairman Timothy Massad has called for better regulations on crypto assets. A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission […]
Continue ReadingDespite the large number of opponents and rumors of collusion between Ethereum developers and GPU producers, the ProgPoW algorithm has been supported by 94 percent of the community. Ethereum (ETH) network users have unanimously supported the ProgPoW algorithm, which is expected to make the platform resistant to application-specific integrated circuit (ASIC) miners. Initially, opponents of […]
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The SEC is still wary of ICOs, but recent changes to its guidelines show it’s learning to accept them. Initial coin offerings (ICOs) may be less fashionable than security token offerings (STOs) right now, but that hasn’t stopped the United States Securities and Exchange Commission (SEC) from keeping its beady eye trained firmly on them. […]
Continue ReadingDebate has been raging on whether cryptocurrencies with a fixed supply are good or bad. Do they increase prices and demand, or stymy spending? So is crypto actually a currency? This is open to interpretation. While some crypto startups have sought to ensure that their tokens can be used to buy something specific — whether […]
Continue ReadingBrian Armstrong says that Neutrino staff with prior connections to controversial software firm Hacking Team will transition out of their new roles at Coinbase. Brian Armstrong, co-founder and CEO of major United States crypto exchange and wallet Coinbase, has said that Neutrino staff with prior connections to controversial software firm Hacking Team will transition out […]
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sponsored A cryptocurrency futures exchange wants to appeal to a wider net of traders by offering crypto futures contracts as well as traditional futures markets, all with zero fees. Blockchain startup Digitex Futures is ready to launch its commission-free futures exchange. The platform is planning to add traditional futures markets — including forex, metals, commodities […]
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Chicago-based crypto exchange ErisX has filed a comment letter outlining the benefits of introducing regulated Ethereum futures contracts. Chicago-based crypto exchange ErisX has filed a comment letter with the United States Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on Ethereum (ETH)’s mechanics and market. The letter, submitted on Feb. […]
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A recap of NEM Foundation’s financial problems and why a complete organizational overhaul was necessary. As part of the closing statements in an open announcement to the NEM community, the NEM Secretarial Office, which represents the voice of the NEM Foundation’s executive committee and council, said in “one final message for all” that the NEM […]
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The new president of the Swiss Crypto Valley Association declared that the crypto winter has damaged Switzerland’s position as a global blockchain hub. The recently elected president of the Swiss Crypto Valley Association (CVA), Daniel Haudenschild, declared that the crypto bear market has damaged Switzerland’s position as a global blockchain hub. Haudenschild made his comments […]
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