Top Stories this week
Ethereum—Security Or Not?
In what could be some earth shattering news for Ethereum – the world’s second largest cryptocurrency – US regulators will apparently be discussing whether or not it should be classified as security next week on May 7. If yes—it should have registered with the SEC back in 2014.
South Korea Considers Reopening ICO Market
Last year, South Korea banned any new Initial Coin Offerings (ICO) from being held in the country, but a new bill introduced by South Korean lawmakers could open the ICO market back up, albeit one now strictly supervised by government regulators. The passage of the bill could signal the start of a less FUD-y crypto stance coming from the country.
Goldman Sachs Opens Crypto Trading Desk
Investment banking giant Goldman Sachs will be opening a crypto trading desk after being “inundated” with requests from clients desperate to get their fingers in the crypto pie. This decision means that the company has officially decided that “Bitcoin is not a fraud.”