Frustated month(june) finally ending as a crypto investor and as a trader.Lets summarize some of the big news:
1.SEC Corporate Finance Director Says Ether is not a security;
IN public comments at the yahoo All market summit, William Hinman,the director of the SEC's division of corporate finanace , said that,"putting aside the fundraising that accompanied the creation of ether,based on my understandings of the present state of ether,the Ethereum network and its decentralized structure,current offers and sales of ether are not securities transactions".
2.Collaboration of Ethereum foundation and stanford launches a blockchain research center
Run by Dan Boneh and David Mazieres, the Stanford center for blockchain research (CBR) aims to "support the thriving ecosystem by developing new technology needed to advance the field".
3.Facebook lift ban on crypto ads
Reversing a previous ban on all crypto ads,Facebook updated its policy to allow ads now on facebook advertisement board.But it will not allow any ICOs and binary option ads on Facebook
4.SOUTH korean government takes steps towards regulate crypto
In the expanding population of blockchain ecosystem,the Korean Financial Intelligence unit announced that it will provide same kind of service that they provide to other institutions to promote blockchain and crypto in his country for its better future.
what your thoughts about the market and the news?? comment down below .