The DAO Hack Exposes the Regulatory Vacuum: When $60 Million in Ether Vanishes Through a Smart Contract Loophole
TL;DR The DAO, a decentralized venture capital fund built on Ethereum, loses over $60 million worth of Ether to an […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
Canada Approves First Concierge Bitcoin Brokerage as FOMC Holds Rates Steady Amid Global Uncertainty
By Raj Patel | June 14, 2016 The Ruling On June 14, 2016, the Canadian financial technology landscape shifted as
Chinese Capital Flight and Halving Frenzy Drive Bitcoin Past $700 as Regulators Scramble to Keep Up
By Ana Gonzalez | June 13, 2016 The Legislative Move Bitcoin has officially broken through the $700 barrier for the
Vietnam Installs Its First Bitcoin ATM as Southeast Asia Grapples With Crypto Regulation
The Legislative Move On June 5, 2016, Vietnam marks a quiet but significant milestone in its relationship with cryptocurrency: the
CFTC Slams Bitfinex With $75,000 Fine for Illegal Bitcoin Leveraged Trading in Landmark Enforcement Action
The Ruling On June 2, 2016, the United States Commodity Futures Trading Commission (CFTC) delivered a landmark enforcement action against
Japan Legalizes Virtual Currencies: Landmark Payment Services Act Amendment Set to Reshape Crypto Regulation
The Legislative Move In a move that would fundamentally alter the regulatory landscape for cryptocurrencies in one of the world’s
Hong Kong Crypto Exchange Gatecoin Rolls Out Recovery Platform After $2 Million Hack Exposes Security Gaps
TL;DR Gatecoin launches a bespoke withdrawal platform on May 28, 2016, enabling clients to recover remaining funds after a devastating
US Postal Service Explores Blockchain Technology for Financial Services and Identity Management in Landmark Report
The United States Postal Service released a comprehensive report through its Office of the Inspector General examining how blockchain technology
The DAO’s $150 Million Crowdfund Puts Decentralized Governance in the Regulatory Crosshairs
The Core Argument As The DAO surpasses $150 million in crowdfunded capital on the Ethereum blockchain, a fundamental question emerges:
The DAO Raises $150 Million and Nobody Asked the SEC: Why Ethereum’s Record Crowdsale Is a Regulatory Time Bomb
The Ruling As of May 21, 2016, an Ethereum-based smart contract called The DAO has accumulated over $150 million worth