Nevada Senators Unanimously Advance Blockchain Tax Ban

Senators in the state of Nevada have unanimously backed a proposal that would block local authorities from instituting taxes or fees on blockchain use. According to public records, after just over a month of deliberation, the Senate advanced the measure following a 21-0 vote, with zero abstentions....
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The SEC is Now Weighing an Ethereum ETF Proposal

The SEC has quietly begun the process of weighing whether to approve an exchange-traded fund (ETF) for the cryptocurrency ether (ETH). The backers of the EtherIndex Ether Trust first filed in July 2016, seeking to launch an ETF backed by a cache of ethers on the NYSE...
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EU Report: DLT Could Increase Cyber Risks for Financial Institutions

The proliferation of new technologies such as blockchain poses an increasing risk to Europe’s financial system, according to a new report. The risk report, published by the Joint Committee of the European Supervisory Authorities last week, examines the threats facing the EU’s financial system from a number of factors including the...
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