Ethereum Watch

An association of 16 cryptocurrency exchanges is working on a draft of self-imposed rules in a continuing attempt to secure the industry following the Coincheck hack. The vote on these rules is set for June 27. Advertisements Next week, Japan’s Virtual Currency Exchange Association (JVCEA) will vote on a proposed set of voluntary rules intended […]

Got bitcoin? Or Ethereum? Or Zcash? The Office of Government Ethics keeps an eye on potential conflicts of interest. Advertisements At certain thresholds, employees of the executive branch must report their virtual currency holdings, according to guidance released on June 18, 2018, by the Office of Government Ethics (OGE). Those thresholds include reporting requirements “if […]

Busan could be South Korea’s answer to Switzerland’s Crypto Valley. Advertisements Things are looking up for cryptocurrency and blockchain in South Korea. The Bank of Korea is in the early stages of studying a possible central bank-issued digital currency, the Korea Customs Service revealed plans in late May to combat smuggling through blockchain technology, and […]

The online payment processing company Square has been issued a license by the New York State Department of Financial Services, becoming the seventh company to obtain a BitLicense. Advertisements The New York Department of Financial Services (DFS) announced Monday that it has issued a BitLicense to Square, the online credit card payment processing company. While […]

The Department of Homeland Security awarded a $199,000 grant to Factom to advance IoT security devices. That was back in June 2016, so ETHNews reached out to see how the project is coming along. Advertisements UPDATED | June 18, 2018: The Department of Homeland Security announced on June 15, 2018, that it has awarded Factom […]

Hearings began Thursday in the case against My Big Coin, the cryptocurrency company that the CFTC has accused of defrauding investors of $6 million. But the attorneys for My Big Coin claim the CFTC has no authority to regulate the cryptocurrency company. Advertisements A “categorical platypus” – that’s the phrase attorney Marco Santori used to describe […]

Ripple, the cryptocurrency answer to the real-time remittance, payment, and settlement problem, admits that a blockchain global payment solution may not be ready for prime time. Advertisements Reuters reported on June 13 that Ripple’s chief cryptographer, David Schwartz, acknowledged that difficulty with scalability, along with concerns about privacy, will likely keep distributed ledger-enabled settlement systems […]

After William Hinman, director of the division of corporation finance for the Securities and Exchange Commission (SEC), shared his view that Ether is not a security, Cboe Global Markets (Cboe) issued a statement about the potential for a financial derivative linked to the cryptocurrency. Advertisements “This announcement clears a key stumbling block for Ether futures, […]

Although it has been reported by several outlets that Walmart was just awarded a patent on a blockchain-based method and system for managing demand on an electric grid, there is no such news to report. Here’s what we actually know. Advertisements On June 14, United States Patent Application number 15/840724 was published on the US […]

But let’s not get ahead of ourselves. Advertisements At Thursday’s Yahoo Finance summit on cryptocurrency, the director of the SEC’s Division of Corporation Finance, William Hinman, delivered remarks entitled “Digital Asset Transactions: When Howey Met Gary (Plastic).” Today, some publications latched onto Hinman’s statements regarding Ether, the second largest cryptocurrency by market capitalization (behind bitcoin). […]