ICO Round-Up: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing

A recent “analysis of 1,450 cryptocurrency offerings” published by the Wall Street Journal has claimed to have revealed “rampant plagiarism, identity theft, and promises of improbable returns.” In other ICO news, Bermuda’s parliament has passed regulations that will legitimize initial coin offerings as a means of fundraising, and Thailand’s SEC held a hearing regarding its upcoming … Read more

Tennessee Passes Bill Recognizing Smart Contracts and Blockchain Transactions

The governor of Tennessee has signed a bill into law that recognizes “the legal authority to use blockchain technology and smart contracts in conducting electronic transactions.” The new bill also “protects the ownership rights of certain information secured by blockchain technology” under state law. Also Read: Hydro-Quebec Turns Down New Applications for Crypto Mining Operations Tennessee … Read more