Ethereum Watch

February 9, 2018 10:27 PM Advertisements The Securities and Futures Commission in Hong Kong has sent advisory letters to cryptocurrency exchanges and ICO issuers in or connected to Hong Kong. They serve as a reminder that in the eyes of regulators, the line for securities compliance has already been drawn and bending it will not […]

iStock.com/hwanchul Ethereum News Update After a devastating January, cryptocurrencies stabilized in early February. The calming event was—to everyone’s surprise—testimony from two U.S. regulators. Advertisements Jay Clayton of the U.S. Securities and Exchange Commission (SEC) and J. Christopher Giancarlo of the Commodity Futures Trading Commission (CFTC) provided expert guidance during U.S. Senate hearings on the future […]

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. Advertisements If you would like to contribute an Expert Take, […]

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On Wednesday, the NYDFS published guidance for virtual currency businesses, clearly explaining their responsibilities to monitor for fraudulent activity and market manipulation, and report findings in a timely fashion. Advertisements On February 7, 2018, the New York Department of Financial Services (NYDFS) published guidance to remind virtual currency (VC) companies licensed by New York State […]

Japanese authorities continue to investigate cryptocurrency exchanges in a bid to assess security measures. Advertisements A report on February 7, 2018, said that Japan’s Financial Services Agency (FSA) had begun conducting surprise inspections of cryptocurrency exchanges. In total, all 32 exchanges in Japan stand to receive visits from the FSA. Last Friday, February 2, FSA […]

Advertisements Ethereum News Update Blockchain has “the potential to enhance economic efficiency, mitigate centralized systemic risk, defend against fraudulent activity and improve data quality and governance.” (Source: “There’d Be No DLT Without Bitcoin, Says CFTC Chief,” CoinDesk, February 6, 2018.) This little quote sent Ethereum prices soaring on Monday. Oddly, it came from CFTC Chairman […]

On Wednesday, the SEC’s Office of Compliance Inspections and Examinations released its 2018 examination priorities. The document included a section dedicated to cryptocurrency, initial coin offerings (ICOs), secondary market trading, and blockchain. Advertisements On February 7, 2018, one day after Securities and Exchange Commission (SEC) chairman Jay Clayton testified before the Senate Banking Committee, the […]

February 7, 2018 12:48 AM Advertisements Questions from senators focused on consumer protection, investor education efforts, exchange regulation and market manipulation, and the potential value of distributed ledger technology. On the morning of February 6, 2018, Securities and Exchange Commission (SEC) chairman Jay Clayton and Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo gave […]

The Monetary Authority of Singapore, which is the country’s central bank, has no plans to ban cryptocurrency trading at the moment, though MAS does intend to eventually regulate digital asset exchanges and other entities to ensure AML/CFT compliance. Advertisements Singapore’s deputy prime minister, who doubles as the minister in charge of the Monetary Authority of […]