Potential Ethereum Regulation Causes Coin to Drop Nearly 6%

The war on crypto continues as potential Ethereum regulation causes the coin to drop nearly 6% on Tuesday. Government bodies have been dancing around the concept of whether cryptocurrencies are securities or commodities for quite some time now. The US Securities and Exchange Commission (SEC) has long been adamant that cryptocurrencies are securities and therefore require regulations. The SEC released a statement at the beginning of March labelling cryptocurrencies as securities and informing all crypto exchanges that they would need to register with the SEC for proper regulation. >> Bittrex…

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Korean Blockchain Regulation & Crypto Regulation

Last month, the Korea Blockchain Enterprise Promotion Association was established. While the association is still relatively new, it’s already making major moves. This week, the association called for not only Korean crypto regulation but Korean blockchain regulation as well. Here’s what we know. Korean Crypto Regulation and Korean Blockchain Regulation On August 8th, the Korea Joongang Daily reported that the Korea Blockchain Enterprise Promotion Association called on the government on Tuesday, asking it to adopt crypto and blockchain. Why? According to the report, the blockchain-based association has asked the government to regulate…

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