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