Are Bitcoin Traders Planning for an ETF Approval? (CoinDesk)
AI and Bitcoin Are Driving the Next Big Hedge Fund Wave (Wired)
Congress Re-launches Bipartisan Blockchain Caucus (ETHNews)
Enterprise Blockchain Weekly: Executives bullish on blockchain, SEC and the Winklevii, and blockchain security. (Cryptiv)
A US-born NASA scientist was detained at the border until he unlocked his phone (TheVerge)
Ethereum’s Vitalik Buterin Gives Keynote On Metropolis (ETHNews)
The FBI is Worried Criminals Might Use the Private Cryptocurrency Monero (CoinDesk)
What are Gnosis Tokens? — the new access based token model (Medium)
Bosch, Cisco and Foxconn join blockchain and IoT consortium (IBTimes)
Cryptoeconomics is hard, part 2 (Medium)
Watch Out, the ICOs Are Coming (StartupManagement)
If You Don’t Understand Blockchain Or Think It Won’t Apply To You; Read This (PointsandFigures)
A Securities Law Framework for Blockchain Tokens (Coinbase)
Singapore’s Status Wants to Bring Ethereum to Every Mobile Device (Coinjournal)
2017 Product Roadmap (MakerDAO)
The Industry’s Critique of Illinois’s Digital Currency Guidance is In (Coindesk)
Coinbase just announced that it has received the BitLicense from the State of New York. The BitLicense is a special business license governing activities associated with virtual currencies which officially authorizes Coinbase to continue to operate in New York. This appears to be a validation by the New York State government that they are willing to license and regulate cryptocurrency companies.
The intersection of Blockchain technology and government regulation is still developing. Blockchain technology enables unprecedented individual freedom, as President Obama said “everybody is walking around with a Swiss Bank account in their pocket.”. Governments have an interest in regulating virtual currencies, but do not want to discourage innovation or deny economic opportunities created by Blockchain transactions and companies.
We need to come up with a governance model that makes sense in the decentralized economy and it’s up to us to determine the nature of the relationship between government and the Blockchain.