NYC crypto inquiry. Amazon wants to sell your data. Ethereum a security? - Weekly recap 21 April

in bitcoin •  last year

New York regulator launches inquiry into 13 of the largest Cryptocurrency exchange. Kraken don’t want to co-operate.

Amazon patent’s a data streaming marketplace for selling cryptocurrency transaction data. They give the example of a law enforcement agency being a customer who "may desire to receive global bitcoin transactions, correlated by country, with ISP data to determine source IP addresses and shipping addresses that correlate to bitcoin addresses,".

The International Monetary Fund wants an even handed approach to cryptocurrency regulation.

Bitcoin payments via NFC are one step closer to reality with new lightning standard being developed.

Huawei has launched it’s own blockchain as a service (BaaS) platform, following the likes of Tencent and Baidu.

Start up “Basis” has raised 133m to develop yet another stablecoin.

ICO’s have raised $6.3bn in the 1Q of 2018, 118% more than the total from 2017.

Bitmain has announced it will attempt to manipulate the inflation rate of altcoin Bitcoin Cash (BCH) by burning 12% of new BCH supply that it receives.

Ethereum, the world’s second largest cryptocurrency and first successful Bitcoin ICO, is at risk of being categorised as a security. This would bring it under the regulation of the SEC. Should investors be worried?

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