Ethereum News

Michigan Introduces Bills Adding Cryptocurrency And Distributed Ledgers To Criminal Statutes

On Tuesday, three bills were introduced in the Michigan legislature that provide legal definitions of cryptocurrency and distributed ledgers. Unlike earlier state laws that...

UK’s FCA Issues Guidance To Banks Detailing Cryptocurrency Dangers

In an open letter on June 11, 2018, the Financial Conduct Authority (FCA) has issued guidance to banks on “good practice” for handling the...

FATF To Consider Binding Rules For Cryptocurrency Exchanges

Later this month, the Financial Action Task Force will review whether its June 2015 guidelines for cryptocurrency exchanges remain sufficient. FATF may opt for...

Lithuania Issues ICO Guidelines, Deems Tokens To Be Securities

On Friday, the Ministry of Finance for Lithuania released guidelines covering initial coin offerings (ICOs). The report outlines the characteristics of ICOs and tokens,...

Wells Fargo Says No To Credit Card Crypto Procurement

Wells Fargo bans customers from buying crypto with their Wells Fargo credit cards over fears of non-payment due to price volatility.In yet another example...

CFTC Subpoenas Cryptocurrency Exchanges In Bitcoin Futures Investigation

Bitstamp, Coinbase, itBit, and Kraken were targeted. The future’s looking a bit dim.Due to suspicions of market manipulation that may impact the final settlement...

Acquisition Is Keystone of Coinbase’s Expansion Plans

Coinbase is aiming high and expanding aggressively as the popularity of blockchain and crypto assets soars. The San Francisco-based cryptocurrency exchange said last week...

Putin: ‘Russia Cannot Have Its Own Cryptocurrency’

Amidst a national narrative in which cryptocurrency is sometimes endorsed and sometimes disparaged, President Vladimir Putin has confirmed at least one emerging truth about...

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Tesla Sues California DMV Over ‘False Advertiser’ Label

Tesla is suing the California Department of Motor Vehicles to reverse a ruling that its marketing of driver-assistance features...

AI Founder Argues AGI Is Already Here, Warns of Risks

Eliza Labs' founder Shaw Walters argues current AI models already constitute Artificial General Intelligence (AGI).He warns that autonomous AI...

BCBS: Non-Maturity Deposit Drivers Remain Traditional

A major Bank for International Settlements review finds traditional factors like deposit insurance and bank solvency still dominate deposit...

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