Ethereum Watch

iStock.com/allanswart Ethereum News Update To many crypto-enthusiasts, blockchain is synonymous with decentralization. A growing number of powerful entities, however, think the two are separable, and that may give Ethereum an edge over Bitcoin. Advertisements Why, you ask? Well, Bitcoin has a political mission carved into its DNA. Its core aim is to disrupt the financial […]

On Wednesday, the SEC gave notice that exchanges supporting security tokens must register with the agency or seek exemption. This requirement extends to platforms that facilitate the trading of tokens distributed through initial coin offerings (ICOs), if those digital assets are subject to federal securities law. Advertisements On March 7, 2018, the US Securities and […]

The editors of the Merriam-Webster Dictionary have announced that a slew of new words have been added to their official lexicon, including “cryptocurrency,” and “ICO.” Advertisements It seems that “cryptocurrency” and “ICO” are among the 850 new words that are to be added to the Merriam-Webster Dictionary. Inclusion is determined by a daily process conducted […]

Tandem annual conferences held this week in China saw top political advisors meet alongside the national legislature. The meetings provided a backdrop for comments by one of China’s regulatory directors on the evolution of blockchain technology. Advertisements Speaking a day after the opening of the Chinese People’s Political Consultative Conference (CPPCC), Zhang Ye – director […]

On Tuesday, Carrefour announced the extension of its blockchain-based supply chain system, which is currently used to track free-range chickens from farm to table. By the end of 2018, the company will add provenance for a handful of other food products. Advertisements On March 6, 2018, Carrefour – Europe’s largest public grocer by sales (market […]

During Russia’s March 18 presidential election, the All-Russian Public Opinion Research Center will use blockchain technology to securely record and transmit exit poll data. Advertisements The state-run All-Russian Public Opinion Research Center, also known by its acronym, VTSIOM, is planning to use blockchain technology to record the results of exit polls during the country’s presidential […]

HB5553, which was recently introduced to Illinois’s legislature, would prevent local governments from restricting individuals’ and companies’ use of blockchain technology and smart contracts. Advertisements A bill recently submitted to Illinois’s House of Representatives seeks to ban certain types of official restrictions on the use of blockchain technology and smart contracts, also known as EDCCs. […]

On Tuesday, a letter addressed to Senator Ron Wyden from FinCEN regarding its oversight and enforcement capabilities for virtual currencies was published. Depending on the nature of an initial coin offering (ICO), a money transmitter license may be required. Advertisements In December 2017, ETHNews reported that Senator Ron Wyden (OR-D) asked the US Treasury Department’s […]

iStock.com/BackyardProduction Ethereum News Update Scaling questions abound for Bitcoin and Ethereum, but at least Ethereum is well on its way to a solution. And no, I don’t mean “Raiden.” Advertisements As the most famous of Ethereum’s potential saviors, Raiden could still end up declogging the Ethereum network, but it will have to outrace a new […]

In recent remarks on cryptocurrencies, US Treasury Secretary Steve Mnuchin questioned whether bitcoin should be considered a currency at all. He also expressed concerns over the use of virtual currencies to finance terrorist groups, but appeared enthusiastic about distributed ledger technology as a whole. Advertisements US Secretary of the Treasury Steve Mnuchin has said that […]