Ethereum Watch

Switzerland’s financial regulator will use recently published ICO guidelines to assess whether entities that have previously conducted ICOs in the country did so in accordance with the new directions. Advertisements Mark Branson, the CEO of Switzerland’s official financial watchdog, the Financial Market Supervisory Authority (FINMA), has revealed that the regulator will retroactively evaluate ICOs that […]

iStock.com/Adrian Bysiak Ethereum News Update The intricate web of U.S. cryptocurrency regulations is choking off innovation, says a new report from the U.S. Government Accountability Office (GAO). Advertisements The GAO report describes a fintech industry whose participants are stumbling around in the dark. No one quite knows which laws apply or when. So it becomes […]

On Thursday, the Government Accountability Office offered an in-depth examination of distributed ledger technology (DLT) and accompanying financial regulation. The GAO found that 1) DLT remains in its infancy and 2) inconsistent and complicated regulation may threaten to suffocate development. Advertisements On March 22, 2018, the US Government Accountability Office (GAO) published a 132-page report […]

Local media is reporting that South Korean FinTech company Dunamu is investing big into blockchain development and startups. Meanwhile, the exchange owned by Dunamu, Upbit, announced it has developed a cryptocurrency index. Advertisements Announced earlier today, and reported by The Korea Herald, Dunamu – operator of the South Korean cryptocurrency exchange Upbit – will invest […]

A Chinese government research institute has begun offering a blockchain-as-a-service platform that aims to enable a wide range of use cases, from identity management to digital coupon issuance. Advertisements At a March 26 FinTech summit hosted by the municipal government of Hangzhou, the China Banknote Blockchain Technology Research Institute announced the rollout of its new […]

iStock.com/LEEDDONG Ethereum News Update Reports surfaced on Friday that JPMorgan Chase & Co. (NYSE:JPM) is thinking of spinning off its “Quorum” blockchain division into a separate company. Is this good for cryptocurrencies like Ethereum? Is it bad? Advertisements Let’s take a closer look… Quorum is JPMorgan’s attempt to build a blockchain. You can think of […]

Circle April 17, 2018, in your calendars – that’s the deadline to file 2017 returns and pay any taxes due to the IRS. And don’t forget about cryptocurrency gains either! Advertisements The taxman cometh. On Friday, March 23, 2018, the Internal Revenue Service (IRS) issued a release to remind taxpayers that “income from virtual currency […]

A patent application that was recently filed by the US Postal Service describes next-generation “methods and systems” for digital security being explored by the agency. The application mentions the use of blockchain technology as well as a “special digital token” to achieve high levels of trust for what may amount to a futuristic email service. […]

The role of a recently-announced blockchain standards committee, which will be a Chinese government body, is beginning to come into focus. Advertisements On March 23, China’s Ministry of Industry and Information Technology (MIIT) published a list of objectives for 2018, which cumulatively aim to foster development and standardization in the technology sector, among other targets. […]

On Friday, several media outlets reported that Yahoo! Japan planned to acquire an ownership stake in bitARG Exchange Tokyo Co. Ltd. However, on its website, bitARG said that while it is studying potential partnerships, the exchange has not taken any action at this time. Advertisements On March 23, 2018, a number of news outlets reported […]