Will Ethereum Beat Bitcoin in the Race to an ETF?

Operators of the EtherIndex Ether Trust are confident that their Ethereum-based exchange-traded fund (ETF) will be approved by the US Securities Exchange Commission (SEC) before the Winklevoss twins’ bitcoin ETF COIN. On April 21, the EtherIndex team filed a rule...

Missouri Prosecutes ‘Unlicensed’ Bitcoin Trader, Threatens 5 Years Jail

A Missouri entrepreneur faces up to five years in jail for unlicensed Bitcoin sales to undercover FBI agents. ‘Unlicensed’ Klein Sold Up To $75k To Fed Agents Jason R. Klein, founder of technology businesses Logic Forte and Datality Networks, pleaded...

Why the EU is Investing $540,000 in Blockchain Development and Pilot Test

The European Union (EU) has decided to invest $540,000 in the formation of the EU Blockchain Observatory to formulate efficient regulations and policies for companies and startups leading blockchain development. In an official statement released on April 18, the EU...

British Computer Scientists Aim to Automate Financial Regulation with Smart Contracts

Professor Philip Treleaven and his renowned financial computer science team at University College London are working on a new project that involves automating financial regulation through the application of blockchain-based smart contract technology. Treleaven and his team are assembling several...

Could Brexit Force Further Fintech and Cryptocurrency Innovation in the UK?

The United Kingdom has relied on its financial services industry to drive economic growth for decades. However, in light of the British population’s vote to leave the European Union and, thereby, potentially lose the access to the European Single Market,...

India is Potentially a Massive Market For Bitcoin If Legalized

After years of operating without clear regulatory frameworks, self-regulated bitcoin exchanges and businesses will most likely be introduced to a new set of regulations and policies by the Indian government in the next few months. Ever since the launch of...

Soramitsu and the Central Bank of Cambodia to Develop New Payment Infrastructure Using Hyperledger Iroha

Japanese blockchain startup Soramitsu Co. and the National Bank of Cambodia have announced that they will collaborate to co-develop the open source distributed ledger project Hyperledger Iroha with the aim to build a new payment infrastructure based on blockchain technology....

Why Europe and China are Ahead of US in Blockchain Development

The US is falling behind China and Europe in blockchain development primarily due to the lack of regulatory frameworks. With a practical approach toward blockchain regulation, countries in Europe, as well as China, Hong Kong, and Singapore are demonstrating greater...