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Libertarian Think Tank Criticizes US SEC’s Approach to Crypto and Blockchain

A fellow at a libertarian think tank has criticized the U.S. SEC for stretching regulations in an attempt to regulate cryptocurrencies. John Berlau, a senior fellow at libertarian think tank Competitive Enterprise Institute, criticized the United States Securities and Exchange Commission’s (SEC) approach to regulating cryptocurrencies. Berlau delivered his comments in a report published on April 11. In a report called “Cryptocurrency and the SEC’s Limitless Power Grab: Why Speculative Consumer Goods Are Not ‘Securities,’” Berlau claimed that blockchain technology and cryptocurrencies are transformative innovations, potential of which has been stunted by “burdensome regulation.” Berlau stated that “among federal financial regulatory agencies, none poses a greater threat to cryptocurrency and the associated blockchain technologies than the Securities and Exchange Commission.” He argued that the government’s crackdown on the technologies prevents entrepreneurs from experimenting with nov..

Charles Hoskinson Criticizes ETH, EOS’s ‘Lone Samurai’ Development Approach

Co-founder of Ethereum and IOHK Charles Hoskinson criticized Ethereum and EOS’s approach to development. Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized Ethereum and EOS’s approach to development. Hoskinson made his comments during an interview with business news outlet Fortune published on April 9. During the interview, Hoskinson noted that most protocols publish all their code open source and free from patents, explaining that ideas which Cardano or most other crypto development teams come up with can be used by other teams. This, he claims, is different from EOS’s approach and the way in which Ethereum’s Proof-of-Stake (PoS) algorithm Casper is being developed: “This is a stark contrast to the development you see with things like EOS or with Ethereum with Casper, where they kind of adopt this lone samurai viewpoint.” Hoskinson noted that Ethereum and EOS’s approach to development, which centers around strong leadership ..

‘No Wallet Needed’: Mobile Cryptopunk Game Announces a New Approach to...

sponsored A mobile fighting game is ready to integrate a new system that allows users to create and manage non-fungible tokens through the browser and have them synchronized on different blockchains. Estonian game developer Ether Dale is ready to implement its new system — dubbed “Side-chain 2.0” — to its multi-blockchain mobile game Glitch Goons. The company says its aim is to build a platform on which people who are not familiar with blockchain can easily create, trade and exchange non-fungible tokens (NFTs). Easy way to non-fungible tokensGlitch Goons is a player-versus-player (PvP) automatic game where cybernetic animal-humanoids battle with each other to get resources and power in a futuristic, post-apocalyptic world. Now, the developer is planning to implement its own Side-chain 2.0 with new features. The new system will allow for generating free, scalable, and user-oriented decentralized applications (DApps) and games that can be used by people who are not familiar with the bl..

Why We Need a Fresh Approach To Trading Cryptocurrencies, Enter Bitdroid

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitdroid like Blockchain technology itself is positioning itself as a disrupter of the status quo regarding market prediction. The current dominance of technical analysis as a tool for market prediction is a misnomer, merely a fools guide to the markets peddled by an industry who knows better. This erroneous technical analysis is employed by the plethora of stock market, and now cryptocurrency market traders and trading bots. In both the stock market and cryptocurrency, algorithmic trading bots are based on the amorphous ballooning number of technical signals, ranging from the ever-popular MACD oscillators to Relative ..

Why We Need a Fresh Approach To Trading Cryptocurrencies, Enter Bitdroid

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitdroid like Blockchain technology itself is positioning itself as a disrupter of the status quo regarding market prediction. The current dominance of technical analysis as a tool for market prediction is a misnomer, merely a fools guide to the markets peddled by an industry who knows better. This erroneous technical analysis is employed by the plethora of stock market, and now cryptocurrency market traders and trading bots. In both the stock market and cryptocurrency, algorithmic trading bots are based on the amorphous ballooning number of technical signals, ranging from the ever-popular MACD oscillators to Relative ..

US Regulators’ Approach to Crypto Is Obstructing Innovation: Ex-Congressman

American politician George Nethercutt claims securities focus in particular is causing unnecessary turbulence for the nascent industry. Former Republican Representative George Nethercutt championed cryptocurrency, but took aim at United States regulators’ approach to it in an article for political news outlet The Hill Jan. 14. Nethercutt — who represented the U.S. state of Washington for ten years from 1995 — now serves as founder and chairman of Nethercutt Consulting LLC and of his nonprofit, the Nethercutt Civics Foundation. Reviewing U.S. policy at home and abroad in his recent op-ed, Nethercutt drew a stark contrast between actions of the State Department to protect U.S. intellectual property and those of regulators. “While diplomats at the State Department are negotiating hard to pave the way for American innovation, U.S. regulators such as the Securities and Exchange Commission (SEC) have been slow to make pronouncements regarding cryptocurrencies,” he wrote, continuing: “This h..

European Banking Authority Report Urges Steady Approach to Cryptocurrency Regulation

The organization’s report into “applicability and suitability of EU law to crypto-assets” highlights several measures it will implement in 2019. The European Banking Authority (EBA) has recommended further research into cryptocurrency and will perform “a number of actions” relating to the sector in 2019. The agency has said this in its latest report published Jan. 9. In the document, which focuses on the “applicability and suitability of European Union law to crypto-assets,” the EBA appeared broadly unhurried about developing new regulatory frameworks for the bloc. “Typically, crypto-asset activities do not constitute regulated services within the scope of EU banking, payments and electronic money law, and risks exist for consumers that are not addressed at the EU level,” a summary of the report reads. “...[T]he EBA recommends that the European Commission carry out further analysis to determine the appropriate EU-level response.” The broader stance of the EU on cryptocurrency has been..

Indian Gov’t to Approach Crypto Regulation ‘With Due Caution’

Previous suggestions of a lasting stance on crypto from India’s government appear to have been overturned by fresh comments. The Indian government is approaching cryptocurrency regulation with caution, tech magazine Quartz reported Dec. 31, quoting Pon Radhakrishnan, the Minister of State in the Ministry of Finance and Ministry of Shipping. The latest episode in India’s increasingly drawn-out path to formalizing its domestic cryptocurrency economy, Radhakrishnan said that the lack of a “globally acceptable solution” meant lawmakers were unlikely to issue formal statues in the short term. Addressing the lower house of parliament, the Lok Sabha, on Dec. 28, he said: “In absence of a globally acceptable solution and the need to devise technically feasible solution, the department is pursuing the matter with due caution. It is difficult to state a specific timeline to come up with clear recommendations.” India currently enforces a ban on banks servicing cryptocurrency-related operations. ..

CyBet- A Unique Betting Platform with a Decentralized Approach

Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Digitalization today has revolutionized the betting landscape. In fact, the size of the betting market is speculated to reach USD 59.79 Billion by the year 2020. Evidently, the potential that this realm holds is exponential, however, it still deals with certain crucial pitfalls that hinder its growth. It is mainly because a majority of betting platforms today are centrally operated, thereby adding complexities to the entire betting process. Challenges of a Centralized Betting Network Being controlled by a central authority, the conventional betting platform fails to offer transparency to its users. Since..

South Africa and Crypto – a Conservatively Optimistic Approach

South Africa has taken a conservatively optimistic stance toward cryptocurrencies — balancing development with investor protection. Blockchain and cryptocurrencies have proliferated the minds of millions across the world, as trading and crypto asset ownership continues to rise. In the same breathe, many countries across the world have taken a tough stance against cryptocurrencies in particular. Some, like China, have outlawed their use, while others like Malta are at the forefront of cryptocurrency and blockchain development. In an African context, this sector is slowly growing. At the southern end of the continent, South Africa sits in an interesting position. As one of the bigger economic hubs of Africa, it has the potential to lead the way in terms of blockchain development and cryptocurrency adoption. With that being said, it's worth considering what the current climate is like in the country and what efforts are being made to drive innovation and acceptance of this burgeonin..
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