Ethereum Watch

East Africa-based charity GiveDirectly has expanded into cryptocurrency with a $1 mln donation in crypto tokens from decentralized payment network OmiseGO, it announced Tuesday, March 27. Advertisements The donation, which OmiseGO contributed together with Ethereum cofounder Vitalik Buterin, will see GiveDirectly continue an experimental scheme aimed directly at refugees, providing 12,000 grants to families in […]

Coinbase has announced its intention to support ERC20 tokens on its exchange, reversing previous statements from January, in a blog post published March 26. Advertisements In the post, Coinbase said its decision to support ERC20, which is the technical standard used for smart contracts on the Ethereum blockchain and the protocol used for many of […]

iStock.com/juststock Ethereum News Update As Ethereum prices continue to fall—alongside the rest of the market, I might add—investors are concentrating their funds in Bitcoin, otherwise known as digital gold. Advertisements Bitcoin has drawn these comparisons for much of its history, though the reasons have evolved with time. At first, investors argued that Bitcoin’s fixed supply […]

On Thursday, the SEC’s director of trading and markets stated that no registered exchanges or alternative trading systems (ATSs) currently support cryptocurrency trading. This is despite at least one company’s interest in trading digital assets through an ATS. Advertisements On March 22, 2018, Brett Redfearn, director of the division of trading and markets for the […]

The head of Russia’s Central Election Commission will try to sell Vladimir Putin on the idea of a blockchain-based voting system for future presidential elections. Advertisements Ella Pamfilova, the head of the Central Election Commission of Russia, reportedly said that she plans to approach President Vladimir Putin about the possibility of conducting Russia’s next presidential […]

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 […]