Washington State Governor Jay Inslee signed SB 5638—an act “recognizing the validity of distributed ledger technology”—into law. The Act encourages the development of blockchain, recognizes its use in commerce and digital signatures, and amends legislation to provide definitions for the technology.
Bitfinex CFO Giancarlo Devasini has promised to return the assets within a few weeks which were claimed by the New York authorities to be stolen.
The U.S. Securities and Exchange Commission (SEC) forced the exchange trading funds (ETF) Amplify and Reality Shares to remove the word “Blockchain" from their titles.
The Chinese regulators’ approval for work with digital assets has been won by such giants as Alibaba, Tencent, Baidu, and other 194 blockchain companies. At the same time, most of the requests for the legalization of cryptocurrency activity came from logistic companies which already use a blockchain widely.
The experts of the analytical and technical company Coinfirm released the report in which it was stated that only 14% out of 216 cryptocurrency exchanges were licensed by regulators.
According to the head of the North American market of financial derivatives CME Group Terry Duffy, the main obstacle to acceptance of Bitcoin and altcoins by the authorities is the inability to regulate the emission of cryptoassets.