SEC Chair’s Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

[ad_1] The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight Role … Read more

NIST Blockchain Report Examines the Tech Behind the “Hype”

[ad_1] The National Institute of Standards and Technology (NIST) has issued a report titled “Blockchain Technology Overview.” The report, intended to provide a high-level technical overview, discusses the application of blockchain technology to electronic currency in depth, and also discusses its broader applications. “We want to help people understand how blockchains work so that they … Read more

Blockchain’s Greatest Impact Will Be in Developing Countries, Says UPenn Lecturer

[ad_1] Most of the attention, flurry and investment around blockchain technology is in the West, where people are investing in cryptocurrencies and focused on a slew of novel applications, like using a blockchain to track vegetables from the field to store shelves. But the greatest impact of blockchain technology will be in developing countries, such … Read more

Toronto Councillor: City Should “Be Ahead of the Wave” of Blockchain Tech

[ad_1] Toronto City Council voted today to invite the public to make “deputations” to the City Executive on March 19, 2018, about why and how blockchain technology and new cryptocurrencies can be integrated into the way the city does business. The motion was introduced by Councillor Norm Kelly, who believes that Toronto is already well … Read more

Blockchain Observatory and Forum to Bring EU to “Forefront” of Blockchain Tech

[ad_1] The European Commision (EC) has launched the EU Blockchain Observatory and Forum (BOF) to consolidate and grow blockchain initiatives within the European Union (EU). With the support of the European Parliament, the BOF is a pilot project proposed by Member of the European Parliament Jakob von Weizsäcker, who is responsible for the recent report … Read more